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PASOK tries to take initiative in budget debate as SYRIZA exodus continues
PoliticsGreek Politicsthe ninth parliamentarian to quit the leftist party over the last few days. Given
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Newsletter 141
growth is seen at 1.6 percent from 1.8 percent previously, well below the initial estimate of 2.7 percent. The growth estimate for 2018 has been revised upward from 2.4 percent in the draft budget to 2.5... are substantially revised from the MTFS estimate of 187.75 billion for 2018. Unemployment has been
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Greek current account deficit rises to 709 mln in February
EconomyMacroeconomy. Two-month exports eased 2.2 percent, while imports rose by a modest 0.7 percent. Although... forecasts for a C/A deficit of between 1 and 2 percent of GDP. The BoG's latest estimates point... respectively. In its updated World Economic Outlook published earlier this month, the IMF estimates
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Greek primary budget surplus at 707 mln as revenues beat target in May
Economyin May and -7.1 percent in 5-month to 2.9 billion, 2.2 percent short of target. Tax refunds surged... to the Medium-Term Fiscal Strategy adopted last month. The new estimates suggested the primary surplus would... to the new full year estimates. The final 5-month primary surplus and budget deficit indicated both figures
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Greek exports down 5.9 pct in August, imports also fall 16.4 pct
Economyto 12.41 billion euros, reflecting a drop in exports by 4 percent and a rise in imports by 2.2 percent.... percent, according to the flash estimates of commercial transactions released by Hellenic... transactions on October 24. These figures will include its updated estimates of August imports
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Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015
Economy. The EC expects private consumption to increase by 1.7 percent in 2015 and further by 2.2 percent... implementation of Economic Adjustment Programme (EAP) commitments, the EC has lowered its GDP growth estimates... front, the EC estimates primary surplus of 1.7 percent of GDP in 2014 with the headline deficit
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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammethe revenues from privatisations to 1.5 billion euros for 2015, 700 million lower than the target of 2.2..., MacroPolis understands that the Finance Ministry estimates the primary surplus could exceed 1.2 percent... estimates are also subject to the swift completion of negotiations between the Greek authorities
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Newsletter 42 - 11/09/2015
drops Greece’s consumer price index (CPI) fell by 1.5 percent in August, from 2.2 percent... with the official estimates of the institutions overseeing Greece’s adjustment programme. In addition... programme, the European Commission estimates (under its optimistic scenario) that bank the privatisation
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Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
EconomyMacroeconomywas posted in the 35-44 age group, while the respective rate for the 25-35 age group fell by 2.2 pp... to the most recent estimates, the European Commission projects the unemployment rate to ease to 24.7... for this year and a lower figure of 23.4 percent for next year. OECD estimates are more optimistic
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Govt intent on making some relief measures permanent
PoliticsGreek Politicspackage, even if the primary surplus goal of 2.2 pct of GDP from 2023 onwards remains as is. This is thanks to the very high primary surplus estimates that were included in the Medium-Term Fiscal... to the primary surplus estimates seen in the Medium-Term Fiscal Strategy dropping by roughly 1 percentage
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