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IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammeit will not fall below a floor of 4.5 percent. Compared to the latest DSA put together by the eurozone... the debt-to-GDP ratio to fall below 120 percent by 2030 and slightly over 100 percent by 2040, while..., which converges to the IMF’s 1.5 percent only by 2040, a higher nominal GDP growth of 3.3 percent
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CPI up by 1 pct in July for seventh straight rise
EconomyMacroeconomyand olive oil by 12.3 percent. In contrast, health showed the biggest decline (-3.3 percent) followed... equipment fell by 1.3 percent for the same reason. Housing fell by 0.2 percent due to a fall in actual rents paid and solid fuels, and hotels, cafés and restaurants fell by 0.2 percent also due to a fall
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CPI up by 0.9 pct in August, staying positive for eighth consecutive month
EconomyMacroeconomyand tobacco by 10.7 percent. Household equipment prices showed the biggest decline (-3.3 percent... of price falls in several sectors. Summer sales drove clothing and footwear prices to fall by 7.4 percent while a decline in air tickets led transport prices to go down by 0.8 percent. A fall
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Trade deficit falls by 23.1 pct in March on growing exports, falling imports
EconomyMacroeconomyGreece’s trade deficit shrank by 23.1 percent in March, building momentum on February’s fall... exports to EU countries grew by 3.3 percent. Excluding the impact of oil products and the value... for the first three months of the year year showed a YoY fall of 17.9 percent in the trade deficit
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CPI up by 0.6 pct in May, second positive reading the year
EconomyMacroeconomyunderlying categories. The three biggest increase came from communication (+3.3 percent), followed...) and housing (-0.8 percent). The month-on-month fall of 0.3 percent is attributed mainly to a fall of 11.7
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Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomylargely by a 4.8 percent fall in income tax revenues, which came to 5.78 billion and was off target... and roughly 3.3 percent lower than the figure for the same period last year. The aggregate figure... under target by 47 million euros. Interest payments continued to fall for a sixth consecutive period
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Unemployment at 19 pct in July as inactive population increases
EconomyMacroeconomymonth-on-month, or a fall of 0.8 percent. Year-on-year, the figure for those employed increased... continued to fall. There were 13,232 fewer unemployed people in July compared to June, a drop of 1.5... fell by 3.3 percent to 14.5 percent. This was followed by those aged 15-24, where unemployment fell
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Disposable income rises by 4.1 pct YoY in Q3, final consumption grows 1.8 pct
EconomyMacroeconomy) of 2018, growing from the rise of 3.3 percent noted in the previous quarter, according to Hellenic... at 30.9 billion euros which for the most part reflects a fall of 17.6 percent in other current... wage. Social contributions and benefits rose by 2.7 percent and reached 14.03 billion, with the fall
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Unemployment drops to 16.3 pct in December
EconomyMacroeconomymillion unemployed in September 2013, unemployment has shown a fall of 44 percent. The overall labour... among women fell by 3.3 percentage points (pps) year-on-year and came to 20.2 percent. The unemployment rate for men stood at 13.2 percent, equal to a fall of 1.4 pps year-on-year. Broken down by age
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Newsletter 242 -06/03/2020
in the last two months. The IMF expects average global growth of 3.3 percent this year, very slightly... 2013, unemployment has shown a fall of 44 percent. Since the peak of 1.35 million unemployed in September 2013, unemployment has shown a fall of 44 percent. PMI at 56.2 points in February Rate rises
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