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Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek Politicsclimbing to 200 pct. The primary deficit will be at 3 pct of GDP, and the general government deficit..., compared to the 2 billion euros previously envisioned. Aside from measures that have been announced already, such as the 3 percentage point reduction in social insurance contributions and the suspension
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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammeamongst member states. Inflation was assumed at 2 pct by 2030, the interest rate assumptions average 3... nominal growth of 3 pct and higher risk premium reflected in Greece’s refinancing rate. Even
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Greece maintaining investors' interest, EY survey finds
EconomyFeaturesas being the most promising. Regarding investment in Greece, 2 percent of investors named the country as being part of their future investment plans. Sweden and Spain attracted 3 and 4 percent... by Ireland and Hungary (3 percent), and comparable to the percentages of countries such as The Czech
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Newsletter 284 - 12/02/2021
that a complete lockdown would bring the overall monthly cost of lockdown measures to “over 3 billion euros... advance refunds allocation is doubling from the initial estimates to 3 billion euros for the first... of this month, according to Ta Nea. 2 EC sees big drop for economy in 2020 Expects milder recovery of 3.5 pct
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Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer
EconomyMacroeconomy(YoY) and dropped by 3 pct compared to the third quarter of 2020, probably the most normal operating... euros in just the first quarter, with speculation in the media that another package of 3 billion euros... own estimates closer to 2 pct and a stronger rebound in 2022. Given these challenges, it is little
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Newsletter 286 - 26/02/2021
on a number of revised timelines for critical reforms.” 2 Current account deficit hits 11.2 bln in 2020... confidence drops by 3 points to -46.2 Compared to February 2020, the ESI has decreased by 21.5 points... confidence fell by 3 points month-on-month and came to -46.2 in February. Compared to the same month last
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Newsletter 294 - 23/04/2021
and a free summer.” The provisional schedule includes the reopening of the catering sector on May 3... by another 3 percentage points from March, to 40% in April, from a high of 84% last May. In contrast... of bonds, up from 46.1 billion euros in 2019. 2 Current account deficit narrows to 840 mln in Feb
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Newsletter 300 - 11/06/2021
in March and another 3 billion euros with a 5-year bond early last month. Wednesday’s issue closed... banks at 3 pct. The UK led the geographic distribution with 24 pct, followed by France at 19 pct... the full debt strategy has been executed. 2 CPI rise by 0.1 pct YoY in May Index turns positive
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Newsletter 308 - 17/09/2021
and 2021 and roughly 3 pct in 2022. Greece’s general post-programme commitment is for a primary surplus in the region of 2 pct of GDP, which assuming the economy will begin approaching 180 billion... measure for the budget is the reduction of social insurance contributions by 3 percentage points
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Piraeus records loss of 3.09 bln as aggressive NPE reduction carries impairments
EconomyBankingeuros securitisations of Phoenix and Vega in Q2 2021, 7 billion euros of Sunrise 1 in Q3 2021 and 3 billion euros of Sunrise 2 in Q4 this year. The bank says it has now essentially completed the entire Sunrise transformation plan, which is due to be concluded with 1 billion euros of Sunrise 3 in early
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