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IMF insists fiscal targets unrealistic, cites historical evidence to support case
EconomyProgrammeof the primary surpluses that Greece has to maintain. In an interview with Naftemporiki newspaper on Wednesday... period, Greece has been running a primary deficit in the region of 3 percent of GDP. The only exception..., only one country in the sample has managed to meet and maintain for longer than a decade. The IMF
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Newsletter 45 - 02/10/2015
) with the budget primary surplus seen at 5.75 billion. However, as this year’s fiscal target has been After... that he is not anathema to the reformists and his long presence in the party means that he has a strong relationship with the party heavyweights. Mitsotakis, who has staged the most prominent campaign
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Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
EconomyMacroeconomyAfter increasing in the preceding two quarters, the non-seasonally-adjusted unemployment rate fell.... The comparison with the corresponding period last year (YoY) shows that the unemployment rate also improved by 2 pp over the Q2 2014 rate of 26.6 percent. This reflects a rise in the number of employed
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New time deposit rate fell 12 bps in August to record low of 1.19 pct amid capital controls
EconomyMacroeconomyFollowing a sharp drop by 50 basis points (bps) in July, Greek households’ new time deposit rate... the highest in the eurozone as of July. The downward trend in time deposit rate led the weighted average rate...-euro era. Loans The corporate lending rates displayed mixed trends. In specific, the rate in loans
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Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate slipped for the second straight quarter to 24... (ELSTAT) figures showed on Thursday. Compared to the corresponding period last year, the jobless rate eased by 1.5 percentage points (pp) over the Q3 2014 rate of 25.5 percent. The rate drop reflects
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Greek elections: Just the (decisive) details to be settled
AgoraAlexis Tsipras will ask Greeks to go the polls. Tsipras has made a late attempt to sway voters this week... products transferred from the top rate of 24 percent to the lower, 13 percent bracket. The same... the last decade and over the 4.5 years that SYRIZA has been in power. However, it will be of concern
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Newsletter 318 - 26/11/2021
the government has already dedicated to mitigating the impact of inflation, especially on household... Mitsotakis that the government has already had to announce two successive increases to its emergency... largest parties have seen their support ebb, with ND holding 33.3 pct and SYRIZA 23.6 pct of voting
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Newsletter 441 - 15/11/2024
-ending slide which means it has vacated its position as an opposition party of potential influence...’s political beliefs. During his 12 months as SYRIZA chief, he rarely gave the impression that he has... for the governing party. The ongoing turmoil at SYRIZA has seen the official opposition’s party slide to fifth place
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It's the hope that kills you
AgoraThe ski resort of Ischgl in Austria has been linked with thousands of infections around Europe... and March due to winter skiing holidays and school half terms has been recognised as one.... Greece went on an aggressive promotion campaign, led by the Prime Minister holding a press
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Wildfires and pandemic set political agenda as parties prepare for return to business
PoliticsGreek Politicsplatform by August 18. In addition to financial compensation for damaged properties, the government has... in the aftermath of the fires. The Environment and Energy Ministry has been tasked with ensuring... Protection Nikos Hardalias, who has been the public face of the fire and pandemic response
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