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  1. CPI up by 0.9 pct in March, rising for eleven consecutive months
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of two negative readings noted in January and March of the year. The average CPI for the latest 12..., respectively. The harmonised index of consumer prices (HICP) rose by 1 percent year-on-year in March... percent this year from a rise of 0.8 percent in 2018.

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  2. PM aiming to unveil expansionary fiscal measures after Easter
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    “social dividend” that the government has been paying out before Christmas each year. They also suggest that this year’s primary surplus forecast of 3.6 percent of GDP, which is just 0.1 point above...-free threshold next year, to be finalised after Orthodox Easter this Sunday, when Tsipras will have

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  3. S&P keeps rating at 'B+' and highlights obstacles to competitiveness

    Economy

    agreement in June last year when the parameters for the debt relief were agreed but has kept.... The average remaining term of Greece's debt was 18.2 years as of year-end 2018, which is set to increase... this year, aided by a recovery in nominal GDP, while the government's net debt-to-GDP trajectory

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  4. Athens revises projections in Stabilty Programme, sees more fiscal space in coming years
    Photo by MacroPolis

    EconomyProgramme

    downward revised from the 2.5 percent figure included in the budget for the year, after taking... in 2019, from the 1.9 percent real GDP growth seen in 2018. For this year, the economic expansion... this year. In 2019, debt will decrease by 10.6 percentage points. The expenditure policy mix

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  5. Fears and reassurances over PPC's dire finances
    Image via www.dei.gr

    EconomyFeatures

    After a disastrous set of full-year results for 2018, which showed net losses of over half... to a change of direction if it wants to survive. Leaked reports in May last year highlighted that the consultancy firm, McKinsey, had been commissioned to create a five-year plan for the company’s survival

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  6. Trade deficit jumps by 28.1 pct in March
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    Greece’s trade deficit rose substantially by 28.1 percent year-on-year (YoY) in March, compared... rose by 6.9 percent YoY in March. The aggregate figure for the first three months of the year showed... in the first three months of the year.

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  7. Finance Ministry, Stournaras disagree over fiscal space for expansionary measures
    Photo via http://www.delphiforum.gr/

    EconomyProgramme

    for a year. Stournaras, though, went on record with a statement issued to semi-state news agency AMNA..., there is a trend in the first quarter of the year that would result in an annual primary surplus of 3.5 percent... 4.1 percent of GDP this year to 4.6 percent in 2022, as Houliarakis points out. It had been

    1%

  8. Retails sales up by 5.1 pct in Mar after three-month slump
    Photo by MacroPolis

    EconomyMacroeconomy

    to last year was led by a 9.2 percent rise in books, stationery and other goods. This was followed..., falling by 7.1 points year-on-year, in the first negative reading since December 2017. Consumer... this year. Compared to May 2018, consumer confidence has improved impressively by 19.1 points.

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  9. Lenders set to highlight reform delays, leaving fiscal gap concerns until after elections
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    , highlighting that recent fiscal interventions by the government have cast doubt over whether this year’s... just days before the European Parliament elections on May 26 will not lead to Greece missing this year... indicate that the European Commission will not quantify the fiscal gap it expects to be created this year

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  10. EC warns budget not on track due to handouts, advises against further underspend
    Photo by MacroPolis

    EconomyProgramme

    front. Last year, the primary balance under the enhanced surveillance definition reached 4.3 percent... Programme submitted by the Greek authorities to the Commission earlier this year projected ample fiscal... expects revenues totaling the equivalent of 0.2 percent of GDP to reach state coffers this year, which

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