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Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
EconomyMacroeconomy) of 2015 as it edged up by 0.1 percent quarter on quarter (QoQ) compared to a flash estimate of 0.6... estimate and involve December data for the balance of payments and quarterly data for the labour force... but in line with Bank of Greece (BoG) estimate. However, it is lower than the initial forecasts upon
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EC forecast acknowledges pressure on Greek households, revises down growth
EconomyMacroeconomy. The estimate for next year was also downward revised to 2.3 percent, also from 2.5 percent... consumption is now seen growing by 0.5 percent this year and 0.9 percent in 2019. The estimate for 2018... the previous estimate of 11.5 for 2018 and unchanged for 2019. Exports are seen performing strongly, assisted
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EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
EconomyMacroeconomyrevised upward, from 2.3 percent in November to 2.4 percent now. The estimate for 2021 remains unchanged... the market share in export markets. Although the uptick in the growth estimate for this year was implied... that it will converge with Bank of Greece’s, this year’s estimate by Brussels remains below the Greek
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How Greece sleepwalked off a cliff in 2009, in black and white
Agora, when even the revised revenue targets for 2009 contained an estimate that revenues would grow by 14... their estimate of 2.5 billion euros in revenues. The expenditure disaster However, the true disaster lies... jumped by 18.1 percent vs an annual growth estimate of 9.8 percent. Based on first half of the year
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Newsletter 224 -18/10/2019
to the previous estimates that were released in April. The IMF sees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO, 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
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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomyexpenditure rose by 0.1 percent. ELSTAT also released a first estimate of the overall GDP figure for 2019... just short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019. This is subject to revision in the second GDP estimate which ELSTAT will release later in the year
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Who’s afraid of Angela Merkel?
AgoraAngela Merkel triumphed in the German elections. The 41.5 percent gained by the CDU/CSU put her in the same league as her conservative predecessors, Konrad Adenauer and Helmut Kohl. While most of Europe hoped for a different outcome, Germans opted for Mutti (mummy) Angela. Her simple message
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What will be on the agenda for talks between Merkel and Tsipras?
Agora” for Merkel when addressing her Greek counterpart. The fact that Tsipras is going to Berlin to meet... to take place in Athens, with the city centre in lockdown as it was during her last visit almost a year... and cannot be based on a continuation of austerity measures? Given her track record in eurozone crisis
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Tsipras targets opposition in debate but parliament speaker steals the show
PoliticsGreek Politicsand To Potami. Both suggested to Tsipras that he should intervene, possibly even replace her, to ensure..., she has infuriated MPs (sometimes from her own party) in Parliament and has gained a reputation for fulfilling her role in a domineering and politicised style. She has also sparked controversy
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Don't celebrate a French reconnection for EU just yet
AgoraPen garnered nearly 21.5 percent in what was seen as a disappointing result for her Front National (FN... people voted for Le Pen (the highest amount for an FN leader) and her brand of pernicious neo-nationalism in Sunday’s first ballot. No matter how wide the margin of her expected defeat in the second
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