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Does the EU Commission suffer from optimism bias? (Part 2)
Agora, Fast and Slow,” the psychologist Daniel Kahneman explains that human beings are often “not rational...” (Thinking, Fast and Slow, page 252) Mr. Kahneman also explains that such biases are entirely human... that the true baseline sits several degrees below the indicated one. We are all human and we all want
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ND suffers ratings blow after train crash, hopes time is on its side
PoliticsGreek Politicsthe accident was a matter of human error or whether there are other issues that needed to be discussed... by the human error argument that Prime Minister Kyriakos Mitsotakis initially offered as an explanation.... The dangers highlighted included those of human error, particularly by station masters. A key line
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New political storm heads towards PM following report on Tempe recordings
PoliticsGreek Politicsof human error more plausible. Sunday’s edition of To Vima contained a report which claimed... in the Greek media was edited. The government added in its official response that the “human error” element... that there is a concerted effort to destabilise the government by taking advantage of the human suffering caused
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PM defends stance on Turkey and troubled electricity cable project
PoliticsForeign Policyrelationship with Israel has not stopped him from voicing his concerns about the human suffering caused... about the way it is conducting its operation in Gaza, the unimaginable human pain and loss of human life
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Newsletter 479 - 10/10/2025
, against an estimate of growth of 8.4 pct in the budget that was submitted about a year ago... as the projects will not meet the August 2026 deadline. The Finance Ministry has again anchored its estimate... euros by the end of the year, against an initial estimate of 69.2 billion euros. Greek fiscal policy
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Government budgeting on a late RRF sprint
EconomyMacroeconomyestimated to reach 70.88 billion euros by the end of the year, against an initial estimate of 69.2 billion... to grow by 5.7 pct this year, against an estimate of growth of 8.4 pct in the budget that was submitted... anchored its estimate for investment spending for next year on the RRF, as it expects a sprint
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Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
Economybefore. The EC growth estimate for 2015 is lower than the latest Finance Ministry forecast of 1.4... formation estimate, which is now seen falling by 3.1 percent in 2015 versus growth of 8.4 percent... percent before, while retaining its 2016 estimate almost stable at 3.6 percent. On unemployment, the EC
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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomy, the growth estimate for 2019 was 2.4 percent. Next year’s estimate is unchanged. Despite the downward revision of this year’s growth estimate, which probably stems from the modest growth in the first... Greece’s growth prospects in 2019 compared to the previous estimates that were released in April. The IMF
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Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgrammeMinistry (MoF) downward revised its previous GDP growth estimate for 2017 from 2.7 percent to 1.8... growth of 2.4 percent, which is seen as an optimistic estimate. The HFC also noted that the medium-term... landing at 18.1 percent in 2021. Fiscal estimates The primary surplus is estimated to exceed fiscal
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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomy. Specifically, the MoF adopts the EC estimate pointing to a 2.7 percent growth in 2017 fuelled by a 1.8... percent above last year’s estimate. It is projected to increase by 3.5 percent to 182.33 billion... draft budget, which contains its fiscal estimates and the interventions needed to achieve them, as well
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