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  1. IMF sees contraction of 0.6 pct this year before strong rebound in 2017
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    rebounding by 2.7 percent in 2017. Both estimates are broadly in line with those of the European... forecasts pointed to a jobless rate of 27.1 percent in 2017. It is worth noting that the latest EC estimates... forecast. It estimates inflation will rise by 0.6 percent in 2017. After a zero current account (C

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  2. Athens starts MTFS process with baseline scenario that sees growth slowing down
    Photo by MacroPolis

    Economy

    percent in 2023. The estimates are more modest than last year, when 2019 was expected to grow by 4.1...’s estimates, 2019 was forecast to grow by 2.9 percent, 2020 by 2.5 percent, 2021 by 2.3 percent and 2.1 percent for 2022. The downward revision in growth estimates compared to last year mostly stems

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  3. S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
    Photo by MacroPolis

    Economy

    of fiscal support and deferrals in the volume of 15 billion, or 7.5 pct of GDP according to S&P estimates... 157 pct in 2019. S&P estimates the total liquidity reserve at roughly 20 pct of GDP, a factor... current estimates that would erode the liquidity reserves of the authorities would lead

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  4. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    . The IMF estimates Greece going into a deep current account deficit of 7.7 pct of GDP, from a 2.1.... The Fund is broadly in line with the fiscal estimates of the Finance Ministry this year and for 2021, although there is some divergence in the debt level estimates that Athens does not see exceeding 200

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  5. How SYRIZA says it will fund its economic policies
    Photo by MacroPolis

    Economy

    programme was estimated by SYRIZA at 11.36 billion euros, of which 6.5 billion relate to the growth... and fuel smuggling. Estimated revenues are seen at 3 billion euros from the first year, yet SYRIZA... with estimated revenues of 3 billion in the first year. 4) Reallocation of 3 billion euros from

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  6. What is SYRIZA planning to do with Greek banks?

    Economy

    programme with a total cost estimated at 11.4 billion euros. SYRIZA’s economic policies were... of any type of unpaid obligations to banks. The cost of capital for this entity is estimated by SYRIZA... enterprises (SMEs) and farmers. The estimated cost stands at 1 billion euros. In Thessaloniki, Tsipras

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  7. Greek coalition sets out plans for public sector, wages and pensions
    Photo by MacroPolis

    PoliticsGreek Politics

    and unions rather than in one go. It is estimated some 300,000 Greeks earn the minimum wage. Instead... for pensioners earning less than 700 euros a month. It is estimated that these interventions will cost 850 million euros per year. The coalition has pledged to cover the pension funds’ deficit, estimated

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  8. Greece sends reform list to creditors, here's an outline of what it's likely to contain

    PoliticsGreek Politics

    the humanitarian crisis. The cost of those measures was initially estimated by SYRIZA at 1.86 billion and relate to the following initiatives: · Subsidized meals for 300,000 poor families (estimated cost... home (estimated cost at 2 billion euros). The Alternate Finance Minister Nadia Valavani recently

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  9. Greek pensions: The thorniest issue in talks between Athens and lenders

    EconomyProgramme

    was estimated at 326 million euros for 2015. In late 2014, reports indicated that the zero deficit... Samaras said in an interview last week that the 2015 budget estimated a 4.4 percent drop in supplementary... have an estimated impact of 600 million euros on fiscal expenditure. The institutions have expressed

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  10. Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers

    EconomyProgramme

    . 2) Increase in luxury tax in cars, pools and yachts with estimated revenues of 20 million euros. 3... for Public Revenues. 4) Tender for TV licences with estimated revenues at 350 – 380 million for 2015... with estimated revenues of 50 – 70 million euros for 2015. 6) Improvement of the VAT collection mechanism through

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