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  1. IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    by 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly... commitment of primary surpluses above 2 pct of GDP. The primary balance is seen at 2.1 pct of GDP... will drop from a deficit of 1.6 pct of GDP last year to less than 1 pct of GDP in 2024

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  2. Industry boosts economic sentiment, consumer confidence at lowest in almost 2 yrs
    Photo by MacroPolis

    EconomyMacroeconomy

    in the previous month. The EEI is up roughly 2 points in the rolling 12-month period. Industry confidence... almost 1 point from October last year. Construction confidence also dropped to 5.2 points, from 9.8 points previously. The index is currently up by roughly 2 points on a rolling 12-month basis.

    49%

  3. Newsletter 1 31/10/2014

    Newsletters

    if the net capital increase of 1 billion is taken into account. NBG displayed the highest capital surplus (2 billion euros) under the dynamic adverse model. Eurobank’s minimal shortfall of 18 million... improved by more than 12 points. Economic sentiment peaked at 104.1 in June. 2 Banks still face

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  4. New overdue taxes up by 776 mln in March, total stock at 101.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt increased by 776 million in March following a rise of 2 billion euros... percent of the total figure for new tax, or around 3.31 billion, stems from tax categories... month in the first quarter of 2018, another 1.19 billion of taxes went unpaid. The total number of tax

    49%

  5. Current account surplus almost doubles to 1 bln in June
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece's current account (C/A) surplus almost doubled to 1 billion euros in June from 508.9 million..., the latter reflects a drop in arrivals by 2 percent, while we conclude that the average spending per..., while exports fell by around 1 billion to 11.6 billion. As a result, the goods’ deficit fell

    49%

  6. General gov't cash surplus widened to 2 bln in January

    EconomyMacroeconomy

    The Greek general government (gg) cash surplus in January widened by 32.5 percent to 2 billion... mainly due to repayments the stock of arrears resumed an upward trend in January. Total state... of outstanding arrears comes from social security funds, which account for 2.81 billion (58 percent of total

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  7. Is Greece on track to decouple from fossil gas?
    Photo via https://flic.kr/p/9bNvX6

    Agora

    and Italy (Figure 2). Figure 2: Changes in total gas consumption in the 27 EU-27 Member States over... with increased storage capacity[2] as an alternative to new gas plants. In any case, the 7.7 GW of total gas... of reduction of total gas consumption decided by the European Union for all its member states

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  8. Welcome to the club: Greece Joins the 17+1 network

    Agora

    in 2012, the 16+1 network organizes annual Central and Eastern Europe–China Summits. In practice... in the Western Balkans.[1] Apart from China, which stands for the number one, the political and economic... infrastructure over educational initiatives to industrial park construction. The first 16+1 summit was held

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  9. Industrial production edges up 1 pct in April after double-digit growth in previous two months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) edged up by 1 percent in April after upward revised..., which retains the lion’s share (around 70 percent) of the total index. Electricity production, which makes up more than one fifth of the total index, grew by 3.7 percent. Furthermore, mining

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  10. New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the 1 billion euro mark. New unpaid obligations from tax categories rose by 693 million, declining... percent of the month’s total (693 million) stems from tax categories. The remainder is related to the four key taxes. The total number of tax debtors rose in January by 38,458 and came to 4.1 million

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