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  1. IMF aligns Greek projections with EU, revises down GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    recession estimate of 2.3 percent to be met, GDP needs to contract by more than 5 percent in the second... environment, the Fund stressed. The IMF also lowered its long-term GDP estimate for Greece now calling... downward its GDP estimates, aligning them with those the European Commission (EC) released in mid

    5%

  2. Newsletter 346 - 15/07/2022

    Newsletters

    outlook for Greece in the latest summer forecasts, but the latest estimates also reflect the tight grip inflation has on the Greek economy. According to the latest estimate, the Greek economy will grow by 4 pct this year, up from the previous estimate of 3.5 pct in the spring forecasts at the end of May

    5%

  3. Bank of Greece decision bolsters Greek lenders’ capital ratios

    EconomyMacroeconomy

    ) to acquire a significant stake in Eurobank as part of the privatisation process due...: a) the new legal framework for bank recap and privatisation, amendments in the warrants exercise process... from 13.5 percent, implying a capital boost of 900 million. Similarly, Alpha Bank CT1 is estimated

    5%

  4. Newsletter 73 - 13/05/2016

    Newsletters

    , and the establishment of the new privatisation fund. The thorniest issue relates to the additional contingency mechanism...-performing loans and the next steps for the creation of the new privatisation fund... that are estimated to yield 2 percent of GDP and overall two-thirds of the required fiscal measures

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  5. In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    to 1.5 percent after 2021 and decline to 1.25 percent after 2030. 2) Total privatisation proceeds of 18... growth by 0.25 pp after 2019 and privatisation proceeds of 20 billion euros over 2015-2022. In addition... is estimated to reach 182.9 percent in 2016, 157.3 percent in 2020, 117.1 percent in 2030 and 100.7

    5%

  6. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    In its second estimate of the annual national accounts for 2015, the Hellenic Statistical Authority... billion euros, 2.38 billion above its previous estimate, while 2013 nominal GDP was slightly upped... initially estimated, while real GDP contraction remained unchanged at 0.2 percent. The revision

    5%

  7. Summer optimism undermined by uptick in Covid-19 indicators and subdued expectations for tourism
    Photo by MacroPolis

    PoliticsGreek Politics

    intakes to 40-45 pct, which is closer to the estimates the hospitality industry has been publishing.... On Wednesday, Mitsotakis cut the ribbon on the newly renovated Macedonia airport in Thessaloniki, one

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  8. Greece’s downstream oil industry adapts to shifting demands
    Photo via http://www.helpe.gr/

    EconomyFeatures

    , followed by Iran (until sanctions in 2012), Libya, Saudi Arabia and Kazakhstan. As of January this year

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  9. Where is the EastMed pipeline heading?
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    Agora

    Zone, the decision to send troops to Libya, the maritime agreement with the Tripoli-based government

    5%

  10. PM gets no change out of opposition leaders on US trip, electoral law
    Photo via @kmitsotakis

    PoliticsGreek Politics

    with Libya or any other actions that Athens deems provocative. Tsipras, though, went a step further

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