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Newsletter 316 - 12/11/2021
saw support for the two main parties drop by a combined 5 points, appears to be centre-left KINAL... recovery in the third quarter, with sales up by nearly 43 pct, just short of 5 billion euros.... Net revenues in the first 10 months of the year have been dominated by the overperformance of tax
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Newsletter 318 - 26/11/2021
than 1 in 5 respondents saw a significant benefit from the government’s energy support package... needs are contained, ranging from 10 pct of GDP to 15.1 pct over the forecast horizon..., the Finance Ministry sees debt settling at 350 billion euros by the end of this year and rising by 5
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How economic sanctions on Russia could affect Greek economy
Agoraforeign trade. As of 2020, Russia remains in the top 5 sources of imports to Greece, despite a significant... bracing itself for a 5 pct reduction in travel receipts compared to 2019, valued at around..., it estimated that a 10 pct drop in income from visitors translates into a 1 pct drop in GDP. Golden
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Handling of energy crisis under fire as gas interruption tests supply security
PoliticsGreek Politicsto approach 40 degrees Celsius in parts of the country over the next 10 days. RES bill The country’s long... aims to shorten the lead time for licensing of RES projects from 5 years to 14 months by reducing the number of steps from 7 to 5 and digitising the application procedure. It also introduces a much
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Public debt records first marginal drop, to 394 bln, in Q2 as IMF repaid and bond activity limited
EconomyMacroeconomyis the first decline after 10 consecutive rises starting back in 2018. The Q2 debt movements reflect... been falling since. The debt breakdown by residual maturity showed that long-term (over 5 years) debt made up 73.3 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years
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Newsletter 355 - 14/10/2022
, the authorities expect investment growth of 16 pct next year, in fact picking up pace from the 10 pct... contributed roughly 5 percentage points to the annual growth, electricity was up 30.5 pct annually... rise in manufacturing, offset by drops of 9.7 percent in mining and quarrying and 5 percent in water
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Public debt records back-to-back quarterly drops, falling to 393.49 bln in Q3
EconomyMacroeconomychanges are the first declines back-to-back after 10 consecutive rises starting back in 2018. The Q3... by residual maturity showed that long-term (over 5 years) debt made up 73.5 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 16.2 percent and 10.3
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Greece moves step closer to investment grade as Fitch ups rating by one notch to 'BB+'
Economyto yields of 5 pct in September, managing half the external debt plans for PDMA. On the issue... to Fitch. Inflation is seen persisting, rising by 5 pct in 2023 and a more moderate 1.5 pct in 2024.... Attention now turns to the next two scheduled rating reviews, by DBRS on March 10 and Moody’s a week later
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Newsletter 379 - 05/05/2023
, the Communist Party is seen gaining 6 pct, PASOK 9.5, SYRIZA 27.5 and New Democracy 31.5. Just over 10 pct... public spending on health to 7 percent of GDP, and education to 5 percent of GDP. The SYRIZA... annually by only 2,684, while youth unemployment dropped by almost 5 percentage points to 24.2 pct. PMI
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On monetary policy and inflation targeting
Agora10 percent, before showing some easing toward the 2 percent objective. The central Bank in Country B... to be minimized).[5] This policy can introduce “drift” in the price level, with a medium-run slope... over inflation rate targeting. [5] The ECBs new monetary policy regime (8 July 2021, available
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