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Fiscal dispute dominates as Greece and lenders gear up for more talks
EconomyProgrammefrom the 2 percentage points difference between its estimate for a primary surplus of 1.5 percent... for the 2019-20 period. During a regular press briefing last Thursday, the IMF spokesman Gerry Rice stressed.... Debt relief Meanwhile, speaking in Parliament on December 9 during the discussion of the 2017
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agorabanks stressed that the positive asset quality and liquidity developments during the last quarter... banks during 2016. Of this, almost 5.3 billion was recorded in the last quarter of the year, also... lending NII on loan deleveraging and spread compression. For 2017, banks estimate NII to stay almost
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Newsletter 117 - 05/05/2017
for 2017 and 2018. Moreover, the rating agency lowered its GDP growth estimate to 1.5 percent (from 1.8... of the deal. During his press briefing on Tuesday, government spokesman Dimitris Tzanakopoulos made a point... an official visit to China. During a live TV appearance on Wednesday, conservative leader Kyriakos
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OECD highlights reforms and imbalances that need to be addressed
EconomyMacroeconomyon Greece, which was also accompanied by a visit to Athens by Secretary General Angel Gurria during... in 2019, below the Greek government estimate of 2.3 percent for this year and 2.6 percent for next year... loans and the lifting of capital controls that will further boost confidence. In his comments during
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeduring the week did not bridge the views on the fiscal outlook for next year, with the institutions... entry rate to 9 from 22 percent. The Greek ministry has been arguing during the talks that the direct... conservative view, in line with the European Commission’s current estimate of 2.2 percent growth
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammeon Wednesday. The IMF used to be the gatekeeper and the ultimate authority in assessing Greece’s debt during... of. Diverging views on the topic have kept the Fund on the sidelines during the third and final programme... and out of the 10.5 percentage points rise in the debt-to-GDP compared to March estimate, 2.5
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Newsletter 246 -03/04/2020
support initiatives. In any event, the level of impact outweighs anything that was experienced during... of GDP. Additionally, the Bank of Greece (BoG) has made its first estimate of the impact... (ELSTAT) data showed during the week. This is the highest reading since February 2017, when the index
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Newsletter 276 -04/12/2020
in a radio interview that the opening of the tourism sector during the summer was not handled well... with off-road motorcycle riders during their outing and took photos with the group in which... annually, higher than the 8 pct on average in the previous estimate. The OECD has also released its latest
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SYRIZA targets middle class with own plan for post-pandemic economic rebound
PoliticsGreek Politicsofficials during an official presentation that was televised and broadcast online on Tuesday... lost during the Covid-19 crisis. Regarding debts to banks, SYRIZA proposes a menu of relief measures... that at a conservative estimate, SYRIZA’s package of measures would cost 15 billion euros. He argued
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Vaccination politics intensify as Greece races to plug immunity gap
PoliticsGreek Politicsthat 4,000 marchers gathered in central Athens, and others putting the estimate at more than 5,000... anti-lockdown and anti-mask demonstrations which took place during the lockdown, while the presence... it unlikely that the government will hit its target of 70 pct of adults during the summer, unless
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