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European Commission evaluates impact of bailout programme
EconomyProgrammeannual impact is planned for 2016 at 2.2 percent of GDP. Note that the adjustment for 2015 is seen..., while the government has committed to present further measures effective as of the beginning of 2016... compared to the bottom decile. Thus, EC has considered that the increase in the VAT rate
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Greece fell two places to 60th in Doing Business ranking, World Bank says
Economy, which has been revised to 68.30. The ranking was adjusted to 58th place. Greece’s remained in 27th... (79th) is the area where Greece’s position has fallen the most. It declined 8 spots from last year’s 71st place. Greece’s ranking has also dropped by 4 spots in Starting a Business (54th), by 3 spots
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Economic sentiment rises to 92.5 pts in Aug, consumer confidence edges down for second straight month
EconomyMacroeconomy2015. During this year, ESI has edged up by 4.9 points. Consumer confidence moved in the opposite... recorded in July, and landed at -70.1. Since the beginning of the year, consumer confidence has... rose for the third consecutive month by 2.2 points to -5.1 extending the year to date improvement
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Stocks up 2.1 pct in last week of 2016 as year's performance turns positive for first time since 2013
Economy). The three stocks that ended lower this week were Motor Oil (-2.2 percent), Ellaktor (-0.9 percent... value. It is also worth noting that the general index has tumbled 44.6 percent over the last three... posted on February 11, the Greek market has rebounded by 46 percent. Its current level stands just
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ESM takes stock of Greece's sovereign vulnerability
EconomyProgrammeof indicators. The first indicator has the highest weight of 25 percent of the total score... vulnerable in case it has higher financing needs and market perception of risk as well as lower liquidity of its market-traded debt. The second indicator has a weight of 20 percent and involves
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Newsletter 119 - 19/05/2017
MPs to support the multi-bill, the measures adopted are deeply unpopular and that this has already.... The government still has its eye on joining the QE programme as soon as possible despite the comments from ECB... (the government has already picked Rothschild & Co as its adviser). The prime minister also claimed
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Economic sentiment down 1.7 pts in May, consumer confidence up for second straight month
EconomyMacroeconomyand stood at -69.7, its highest reading since January. However, consumer confidence has dropped by 5.3... is the lowest reading since May 2016. Since the beginning of the year, this indicator has declined by 4.7.... Over the last 12 months, the biggest improvement of 22.9 points has been recorded by the services
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IMF raises forecast for primary surplus but differences with European lenders remain
EconomyMacroeconomyat 2.9 percent of GDP, up from 2.2 percent previously, a number closer to the fiscal estimates... for the Fund to join the Greek programme. The IMF has been consistent in its view... has committed to further pension reforms in 2019 and tax reforms in 2020, although there is some
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Debt, fiscal path still divide lenders ahead of Washington Group meeting
EconomyProgrammeactions that Greece has to carry out have not been completed so far. Should there be a delay, the aim... and the creditors into July, just a few weeks before the end of the third bailout on August 20. There has... to settle is on the fiscal side, where the IMF has so far indicated that it believes Greece will have
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Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
EconomyMacroeconomyto April 2017, the ESI has risen by 10.8 points. Although the overall index rose, consumer confidence decreased by 2.2 points to -51 in May compared to -48.8 in April. Year-on-year, consumer confidence has...-on-month to -1.5, staying negative for a third month. In the year so far, industry confidence has
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