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Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
EconomyMacroeconomyassumptions almost unchanged, expecting the economy to grow by 2.5 percent, compared to 2.4 percent in the MTFS assumptions. Private consumption is expected to grow by 1.1 percent, from 1 percent... of the alternative scenario is 1.1 billion euros: 335 million from scraping pension cuts and countermeasures
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Newsletter 193 -08/02/2018
cannot meet their mortgage repayments. Economy Minister Yiannis Dragasakis told Parliament on Wednesday... increase comes to 1.1 percent on increased import activity across year The absolute figures... showed a rise of 1.1 percent in the trade deficit, bringing the total shortfall to 21.47 billion
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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammeand underspending on the expense side. Most notably, public investment (PIB) was 1.1 percent of GDP... and the clearing of state guarantees for bank loans, at 1.1 percent of GDP over the next five years... at swiftly bringing banks back to their key role of financing the real economy given that household lending
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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomyreported ahead of the formal submission, the economy is seen growing this year by 6.1 pct, even higher than..., at 1.1 pct of GDP. Both figures are above the MTFS estimates by roughly one billion euros, where..., or 0.9 pct of GDP, higher from the MTFS estimate by roughly 1.1 billion euros. The ministry has also
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Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
EconomyMacroeconomydebt sustainability. The Greek economy is estimated to grow by 2.9 pct next year, from 2.4 pct... balance will come to 2.1 pct of GDP, from 1.1 pct this year. The total deficit will halve to 2.49 billion euros, at -1.1 pct of GDP, from 4.78 billion euros, -2.1 pct of GDP, this year. Interest payments
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Budget marks return of trust, argues Mitsotakis
PoliticsGreek Politics1.1 pct this year. The total deficit is due to halve to 2.49 billion euros, at -1.1 pct of GDP, from... of SYRIZA’s parliamentary group early on Sunday to set out his basic ideas around the economy
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Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomyof a surprise handout package worth 1.1 billion euros in support and public investments. The methodology... booked a 1.1 billion euros surplus. General government expenditure came to 113.93 billion euros, from... spending as the economy is expected to feel the effects of the trade tensions emanating from the US.
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Tsipras clears hurdle but isn't over finishing line
Agora, it is not as if there were a variety of other options available. Seeing the economy’s growth.... The number of people affected is not yet clear, although Kathimerini estimated that 1.1 million out of 2.7... is high and meeting it depends greatly on whether the Greek economy will recover in the coming years
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Tsipras returns from US with positive sentiment but absence of tangible results
PoliticsForeign Policywas hoping for on the Greek economy. However, the Greek leader will return without anything tangible from... there was an agreement to set up a joint team at the Greek Economy Ministry and the US Commerce... to upgrade its F-16s. Greek officials briefed the local media that Athens would only be paying 1.1 billion
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Tourism accounts for 27.3 pct of Greek GDP in total, study shows
EconomyFeaturesof the Greek economy, generated 27.3 percent of GDP, or 48.4 billion euros against an overall GDP figure.... The study showed that in 2017, the direct contribution of tourism to the economy increased by 1.56 billion... has on the economy, in that for every 1 euro in tourism revenue, the country’s GDP grows by 2.65
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