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For better or worse: Greece's bailout exit deja vu
Agorathat New Democracy and PASOK refuse to accept the end of the most tumultuous and costly period in modern... of 2014 was for a primary surplus that averages 4 percent of GDP for about four decades. “Although most... forward. But maintaining the programme primary surplus of about 4 percent of GDP for several years may
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Where is Odysseus? Part 6 - Potential real GDP
AgoraAs in our previous five monthly blogs, we continue to trace the progress of modern-day Odysseus... scenarios of our blogs.[4] What we see is that the Commission/Greece baseline (the dotted line... not have a growth rate of 3 or 4, or even 5 percent, but these high growth rates are not average
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Bond issue decision expected as clock ticks down
PoliticsGreek Politicsat around 3.50 percent and could be exchanged with a new five-year bond yielding between 4 and 4.5... in September 2015, when then-Interior Minister Panayiotis Kouroublis asked local authorities to list... Accounting Office because of fiscal concerns. It has been revived under the current Interior Minister Panos
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Could Greece's immigration reforms have an impact on upcoming elections?
Societyrejection rate. One in four applications from this group were rejected in 2018, up from less than 4... granted “skyrocketed” from 14,178 to 33,487. Interior Minister Alexis Haritsis responded by describing... inhabitants in 2017. The Interior Ministry publishes more detailed statistics on citizenship
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An issue of statistical significance in Greece
Agoradeficit for that year should have been just under 4 percent of GDP, rather than the final figure... in the country’s modern history. Even as early as May 2009, the budget’s unrealistic projections were... that Greece produced a deficit under 4 percent was between 1999 and 2001, after a period of austerity
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammea gap of around 600 million. In the pension reform plan submitted to the institutions on January 4... range of reforms for the domestic market to become more modern and competitive including reduction... quarter (Q1) of 2016. Note that debt obligations in Q1 amount to around 4 billion, of which 2.3 billion
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Newsletter 80 - 01/07/2016
than the 4 percent fall in March. Retail volume recorded a slower decline of 1.5 percent in April... by 3.9 percent in April, after a 4 percent drop in March. The index has been on the slide for 11... in the modern era, the turmoil of the last few days has been something to behold. One of the world’s
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The key elements of the draft agreement between Greece and lenders
EconomyProgrammesustainability, safeguarding financial stability, growth, competitiveness and investment and a modern state... of the national health care provider (EOPYY) 4) Legislation of a tax on short-term tourist accommodation... the use of the attrition rule starting from 1:5 in 2016 to 1:4 in 2017 and 1:3 in 2018.
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A sudden turnaround that could lead to sharp shock
Agoraby a developed economy in modern times: 9.1 pct in 2011. A further 7.3 pct was lost in 2012. The cycle... be larger. The shipping industry risks losing close to 4 billion euros in revenues. The big blow will come..., puts 4 billion euros of GDP at risk. In terms of GDP estimates, some of this collapse of economic
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Newsletter 501 - 03/04/2026
iceberg” and the surveillance scandal as the gravest in modern Greek history. But he also criticised... of global supply - since 4 March continues to strain the European grid. Greek gas storage levels have... percentage points to roughly 4 pct. Paradoxically, high inflation is expected to accelerate
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