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Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomyprevious estimate for a GDP contraction of 0.7 percent expected in early February. In specific, EC... 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday. The headline... is the highest negative reading since Q4 2014. ELSTAT said flash estimates are expected to be revised upon
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GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY
EconomyMacroeconomyprices increased by 2.1 percent from a rise of 2.2 percent in Q4, staying positive for nine... by 2.2 percent. Compared to Q1 2018, exports of goods decreased by 0.7 percent, and exports of services... meanwhile anticipates growth of 2.4 percent this year, followed by 2.2 percent in 2020 and 1.6 percent
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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomyto the same quarter in the previous year, GDP at current prices increased by 2.2 percent from a downward revised rise of 2.2 percent in Q1, remaining positive for ten consecutive quarters... percent this year, followed by 2.2 percent in 2020 and 1.6 percent in 2021. The European Commission’s
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Deadly collision throws spotlight on government’s migration policy
PoliticsGreek Politicsthe crossing from Libya, and for which the Greek Ombudsman recommended disciplinary charges against... insufficient compared to the needs of industry which estimates a requirement of closer to 200,000... those living and working legally in Greece, including an estimated 155,000 migrants on long-term
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Contribution made by privatisations to GDP since 2010 underlined in new study
EconomyFeaturesthe economic situation normalizes after the pandemic, it is estimated that the change of ownership will lead to higher business revenues by the end of the decade by 140 million, with the highest percentage... is estimated to be as high as 5,500 jobs in the years when the investment reaches its height
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VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
EconomyFeaturesThe European Commission's VAT Gap report has revealed that the European Union lost an estimated 140 billion euros in Value-Added Tax (VAT) revenues in 2018, equal to a total revenue loss of 11... and the estimated VAT amount that is theoretically collectable based on legislation. The latter is called
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Apartment prices fall at slower rate of 7 pct in Q3
EconomyMacroeconomy2014 from a revised 7.7 percent in Q2, according to the Bank of Greece (BoG). Nevertheless, the Q2... to shrinking transactions and lower apartment prices. The official estimates for residential house prices, incorporated in ECB comprehensive assessment for Greece, point to a further drop by 7.7 percent
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Newsletter 126 - 07/07/2017
Athens secures tranche payment Disbursement of 7.7 bln green lighted to meet hefty payments in July... bailout tranche of 7.7 billion euros following an anxious few days for the government. A meeting..., while the Finance Ministry and the European Commission’s estimates are higher at 22.8 percent.
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economyfor deposit build-up of 4.5 billion (compared to 7.7 billion proposed by the IMF) 6) Privatization proceeds... be reduced to 74 billion if SMP and ANFA income of 7.7 billion is taken into account. EC’s forecast... are now estimated to reach 10 billion in the baseline and 4 billion in the adverse scenario compared
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Newsletter 232 -13/12/2019
from an increase of 7.7 percent in Q2. According to the revised data, on average, house prices...-on-month (MoM), the index dropped by 7.7 percent after a revised increase of 7.4 percent in September... for at least two of the last 35 years and must have submitted a recent tax declaration. It is estimated
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