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Newsletter 174 -14/09/2018
reportedly set out its position that the measure is not necessary in fiscal terms because the 3.5 percent... that the mission chiefs accepted the argument put forward in fiscal terms, although this is no guarantee... while volume rose by 25.5 percent. In absolute terms, the highest number of permits was issued in Attica
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomy, and resulting in almost no change overall in percentage terms. July’s headline figure was driven mainly.... This was driven by imports rising faster than exports in absolute terms. A strong improvement was noted... terms, imports came to 4.56 billion and exports to 2.85 billion. Non-oil exports of goods rose by 13.1
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeaturesof the European Union countries surveyed, Greece fared among the worst in terms of its VAT shortfall, at 29.2.... In percentage terms, the VAT gap rate in 2016 has remained unchanged as compared to 2012. Year-on-year... for the EU. The poor performance in terms of VAT collection comes despite recent reports of an increase
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PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
Economyrates as their terms are identical to the bonds that were issued prior to the crisis, with coupons... coupons of 5 to 6.5 percent. The main objective in the PDMA’s plans is to continue improving the terms... could issue shorter maturities for five or seven years, as in recent cases, as long as the new terms
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August current account shows surplus of 1.56 bln as deficit in primary income account grows
EconomyMacroeconomyexports in absolute terms. The services balance also fell, with the surplus declining by 61.5..., and total imports by 6.1 percent. In absolute terms, imports came to 4.24 billion and exports to 2.54... widened as imports grew faster than exports in absolute terms. Exports in the aggregate period rose
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Chasing investment, the Greek dream
Agoraof last year but in the latest quarter of 2018 it dropped again to 10.8 percent. In real terms... with the early years of euro adoption in 2001. In nominal terms, from 4.41 billion euros in the mid-90s... between 30 and 45 percent in the period up to the Games in 2004. In nominal terms, spending on house
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Newsletter 196 -01/03/2019
obligations. The new proposal in terms of scope does not only cover household loans but also business..., 2021 and 2022 respectively. In real terms, the economy this year is expected to grow by 2.5 percent... Ministry expects spending to be mostly driven by the private sector where in real terms spending
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Could Greece's immigration reforms have an impact on upcoming elections?
Societygranted has been low until relatively recently, in both absolute and relative terms. In 2003, when... boards have been applying their discretion in favour of foreign-born applicants. In terms of country... will add an estimated 106,760 new voters to the rolls. In electoral terms, this heralds a change
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesbeen challenging the opposition to a game of chicken. In terms of the substance, both proposals... some very imaginative policy-making (or accounting) fund further tax cuts. In terms... in terms of savings to lower-income taxpayers under most scenarios than New Democracy, while giving
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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
Economyfavourable terms of the government debt stock and the solid fiscal performance over the last three years... sector remain extremely high, as does the stock of government debt. In terms of the recent political... at all since the programme ended last summer. The terms of the debt remain highly concessional
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