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Greece, lenders fail to make headway on fiscal and labour issues
EconomyProgrammeon the technical details of the fiscal issues such as the necessity for adopting measures worth 2... the Greek side. The Fund’s stance that additional savings of 2 percent of GDP, or 3.6 billion euros... legislated last May still leaves a significant pension deficit of 9 percent of GDP, which is way above
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Fiscal surplus back in focus ahead of IMF debt discussions
PoliticsGreek Politicsto around 2 percent. Fiscal gap The fiscal performance for 2018 became an issue again in Greece after the IMF Fiscal Monitor report published on Wednesday indicated that the Fund sees a 2 percent of GDP... the last few months. The indications at the recent Malta Eurogroup, which paved the way for the return
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Govt hopes counter-measures, debt relief talks enough to escape multi-bill maelstrom
PoliticsGreek Politicseuros between now and 2021, including 1.5 billion euros of tax reductions in 2020 and another 2... percent of GDP fiscal target every year until 2021, creates an extra 2 billion euros of fiscal space... a more realistic target for the completion of the process. Either way, it will be vital
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Newsletter 120 - 26/05/2017
as the measures Athens has to adopt are concerned, but state that until a way is found to make Greece’s... percent, respectively). This falls well below all other eurozone countries. 2 Current account deficit... in new apartments (up to 5 years old) declined by 2 percent YoY and by 0.5 percent QoQ, while the prices
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Another Eurogroup for Greece where all options fell short
Agorathe Parliament's vote for a package of further austerity measures worth around 2 percent of GDP in pensions cuts... the next decades Greece will need to live with a primary surplus of 2 percent of GDP, which will keep... to strike the final nail in the coffin by saying that the proposal was actually way beyond the May 2016
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Greece gets bigger tranche from Eurogroup but Tsipras misses other key targets
PoliticsGreek Politicslenders agreed that Athens had completed the necessary prior actions standing in the way... 2023 to 2060 would have to be “equal to or above but close to” 2 percent of GDP. The gains... there is more clarity on the debt measures. Lagarde said that around 2 billion dollars would be made available
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Eurogroup doesn't end in tie for Tsipras
Agorathat since Schaeuble needed the IMF on board to live up to his pledge to German MPs, the adoption of 2... in the way of a disbursement without which Greece might default in July or to cause a political fuss... to or above but close to” 2 percent of GDP. Again, this is nothing to shout from the rooftops about
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Voters unconvinced by post-Eurogroup narrative, wait for growth
PoliticsGreek Politicslocked in at 2 percent of GDP rather than “at least 2 percent,” the reference to debt relief... that only 10 percent of Greeks believe the county is on the way out of the crisis as a result
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China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agoraas Serbia’s export destination. [2] The share of Chinese investment (Hong Kong included) in total FDI...-over implications of improved trade relations have a long way to go until they can approximate levels.../docs/2006/september/tradoc_113381.pdf. [2] See European Commission, Directorate-General for Trade, 03.05.2017, http
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Newsletter 147 -19/01/2018
regarding industrial action, would impinge on union activity in any way. On child benefits, Tsipras... not like to consider going to the polls in a year that they have to implement new fiscal measures worth 2... percent. 2 Budget primary surplus at 1.97 bln in 2017 Strong underspend drives headline figure
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