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IMF upgrades Greece’s GDP and unemployment rate estimates
EconomyMacroeconomyto an estimate of a 0.6 percent GDP contraction in the previous WEO. It is worth noting that this is the most... with the European Commission (EC) estimate, while OECD expects Greek GDP to slip 0.2 percent this year... 2.7 percent previously. The government and the EC estimate the Greek economy will recover by 2.7
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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
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Greek pensions laid bare
Agorapensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since
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Greece - Some structural macroeconomic arithmetic
Agoraemerges? We can give some hints at this, too. Consider fiscal policy. Greece has signed up.... This explains why different institutions have different estimates of potential output and potential output...,” in their view, for the time being. These differences in potential output growth estimates are not innocent
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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyExclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesgovernment figures have been drip-feeding hints of a post-MoU relaxation to a desperate domestic.... It is estimated that this adjustment will result in an average pension reduction of 14 percent for around... to an estimated 20.6 billion euros in 2017. Funding by the state Public pension funds have run a deficit since
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Down but not out: Golden Dawn rears its head again
Agoraas spring boards – a model seen at work in Antwerp, the base of Belgium's far right Vlaams Belang
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Greek talks go down to the wire as IMF raises major objections
PoliticsGreek Politicsor that special interests are being backed. #Greece (2/2) — Alexis Tsipras (@tsipras_eu) June 24, 2015
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyactions in the East Med and Libya. The Greek government has many times since Tuesday tried to play down... replied: “when you're talking about Libya, we're discussing with President Erdogan, we're discussing... talked about that subject specifically — Libya and what's going on. We'll be talking to Russia
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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politicsbeen hints that the government is planning further measures to cushion the effects of inflation.... The total cost is estimated at 5 billion euros, 2.5 billion for each phase. Funding for 2022 will combine
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