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GDP growth slows to 0.3 pct QoQ, investments underwhelm
EconomyMacroeconomyStatistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now... movements in Q3 were led by a rise of 0.1 percent QoQ in final consumption. Investments decreased by 1.1... for next year. In its growth forecasts, the Parliamentary Budget Office expects the economy to grow
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Employment and wage data explains why Greeks struggle to see growth dividends
Agoramarket faces challenges, particularly for women and youth. Despite a 1.1 pps increase... the structural issues of the economy and the labour market as the share of jobs in the secondary sector... in ten believe that the economy is moving in the wrong direction and the economy along with the cost
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Newsletter 249 -08/05/2020
of the service economy onside and not blemishing its positive record in handling the coronavirus impact... by 7.75 percent in 2020 and growing by 6.25 percent next year. The EU economy is expected to contract by 7.5 percent and grow by 6 percent in 2021. For Greece, the Commission expects the economy
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The case of SYRIZA's fiscal performance
Agoraof the Covid-19 pandemic shock in the economy. Covid-19 is, of course, a very large shock and one that cannot... of the economy. When labor governments got a second turn at governing in the 1990s, many had changed... regained footing and was allowed to exit the third program on time in 2018. The economy recovered
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Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 607 million euros to 2.38 billion in the 7-month period of 2016 from 2.99 billion in the corresponding period last year, Bank of Greece (BoG) figures showed on Thursday. It is worth noting though ...
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HFSF posts losses of 1.1 bln in H1 weighed down by valuation losses of bank holdings
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) recorded net losses of 1.14 billion in the first half of 2016 from 4.15 billion in the corresponding period last year, according to the interim financial report published on Wednesday This year’s bottom line ...
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed on Friday evening. The fiscal performance largely reflect...
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Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomyGreek banks’ Eurosystem funding headed south for the twentieth straight month in February, albeit at a slower pace by 1.13 billion, following a decrease by 3.61 billion in the previous month, the Bank of Greece's (BoG) monthly financial statement reveal...
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Primary cash surplus almost halves to 1.1 bln in 2-month
EconomyMacroeconomyGreece’s central government primary cash surplus fell to 1.11 billion euros in the 2-month period of 2017 from 2.09 billion a year ago, Bank of Greece (BoG) figures showed on Friday. This year’s figure includes arrears’ repayments of 78 million. However...
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Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
EconomyMacroeconomyThe budget primary surplus was confirmed at 1.07 billion in the first quarter (Q1) down by 42.6 percent from last year’s figure of 1.86 billion, according to the Finance Ministry (MoF) final budget execution bulletin. As we noted in the preliminary figu...
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