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Newsletter 220 -20/09/2019
the institutions’ enhanced surveillance report in December, paving the way for Athens to receive.... Deutsche Telekom AG participated in the issuance by covering 20 percent of the deal size. 2... PIB expenditure came to 2 billion, below the target by 380 million. Overall, the PIB balance landed
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IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
EconomyProgrammedemographics. Based on the latest growth forecast of 2 percent this year and next and long-term... euros and the creditors are pressing New Democracy to find a way of bridging this. The institutions... institutions have also asked the government for a detailed timeframe for the repayment of an estimated 2
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Newsletter 231 -06/12/2019
to be done in a fiscally neutral way and the funds will not constitute additional fiscal space... YoY, while gross fixed capital formation showed an increase of 2 percent. Compared to Q3 2018... imports of goods decreased by 2.9 percent and imports of services rose by 8.6 percent. 2 GDP rises by 0.6
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Mission chiefs pick up fifth review baton as Greece mulls new bond issue
EconomyProgrammeon Wednesday as part of the fifth enhanced surveillance review, which Athens hopes will pave the way for its... plans to raise 2-2.5 bln euros and the yield is expected to be around 2 pct, if a landmark 15-year bond... operations, 2) Lower funding costs further, 3) Contain interest rate, FX and refinancing risks.
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Trouble from Turkey prompts plans for extra defence spending after years of cuts
PoliticsGreek Politics, this stood at 2 pct, which was still in line with the level agreed by NATO member states in 2014. Even at 2 pct, spending was much higher than the EU28 average in 2018, which stood at 1.3 pct... party about the way New Democracy has handled the crisis with Turkey has focussed either
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Newsletter 267 -02/10/2020
as not only a way to boost US-Greek relations but also to line up support in light of brewing... households,19.1 percent of the budget is spent on food. 2 Budget primary at deficit of 5.48 bln in August... September 2018 when it dropped to -42.7. Retail trade fell by 2 points month-on-month to -20.3 points
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Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
EconomyMacroeconomyexpects this year’s recession at 8.2 pct, which is way off the 4.7 pct baseline recession scenario...) will be a key driver for growth, adding 2 pct of GDP growth, from the 5.5 billion euros of inflows..., with a fiscal impact of 2 percentage points, leading to a primary deficit of 3 pct of GDP. Fiscal On the fiscal
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Newsletter 278 -14/12/2020
210,000 have shut down due to state-imposed measures and another 600,000 have been affected in some way... are aiming to vaccinate more than 2 million Greeks next year, but recent opinion polls indicate... Greece bank. 2 Wages index up by 3 pct YoY in Q3 Quarterly figure shows drop of 1.5 pct versus Q2
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PM expected to reshuffle cabinet in bid to leave wildfire damage behind
PoliticsGreek Politicsin ENFIA property tax, the lowering of the corporate tax rate by 2 points to 22 pct (at a budget cost... to the GPO survey, the government’s support has dropped 2 percentage points since the last poll in June... in dealing with the blazes. Also, 57.3 pct of respondents had a negative view of the way the government
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Newsletter 323 - 14/01/2022
was raised by 2 pct on January 1 and the conservatives had promised a second increase at some point.... This set a trend that continued all the way to the latest release by ELSTAT where the increases... a primary surplus worth over 2 pct of GDP for the period up to 2060. For 2022, after two years of running
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