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Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgrammeto reach 211.21 billion, around 2 billion above the 2005 level of 199.24 billion. The increase.... Including non-specified measures worth 1.5 billion in 2020 and another 2 billion in 2021, the total tax..., As of 2018, the debt ratio is expected to decline by around 7 pp each year to 170.1 percent in 2018
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Newsletter 120 - 26/05/2017
to be reached so that Athens can receive the next loan tranche of around 7 billion euros in order... percent, respectively). This falls well below all other eurozone countries. 2 Current account deficit... in new apartments (up to 5 years old) declined by 2 percent YoY and by 0.5 percent QoQ, while the prices
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Eurogroup doesn't end in tie for Tsipras
Agorathat since Schaeuble needed the IMF on board to live up to his pledge to German MPs, the adoption of 2... 7 years of bailouts, preventing a Greek default was any kind of worthy achievement. Instead, Athens... to or above but close to” 2 percent of GDP. Again, this is nothing to shout from the rooftops about
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Voters unconvinced by post-Eurogroup narrative, wait for growth
PoliticsGreek Politicslocked in at 2 percent of GDP rather than “at least 2 percent,” the reference to debt relief... administrations as well. Only 7 percent of Greeks believe that their financial situation will improve in the next
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Newsletter 127 - 14/07/2017
to reports, the coalition favours a five-year bond between 2 and 4 billion euros and will target a yield... is also worried that the European Central Bank may announce on September 7 the scaling back of its QE... uncertainty during that period. 2 May Industrial Production Index rises Five-month aggregate figure
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Newsletter 159 -27/04/2018
balance exceeded 7 billion euros, standing at 7.08 billion, or 4 percent of GDP. These figures... this year compared to last year, though the average amount payable has declined year-on-year. 2... expenditure came to 9.45 billion euros, very slightly below target by 2 million euros. Net revenues
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomyof any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according... 2008-2016, Greece’s GDP plunged by 27 percent, while tax revenues declined by only 7 percent, reflecting.... The equivalent in the UK is 5 percent, and in Germany just 2 percent. Greece’s problematic tax
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The race to reduce Greece's bad loans
EconomyBankingand December 2019 through a combination of restructurings, curings, liquidations and collections (-7 billion..., a collateralised portfolio of NPLs from small- and medium-sized businesses worth 2 billion euros is also... NPLs in Greece tot he value of 2 billion euros. The consideration of the transaction, which amounts
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Newsletter 168 -29/06/2018
from SYRIZA, 7 from ANEL) in the 300-seat Parliament. The departures have created a negative trend... growth rate, assuming that inflation will reach 2 percent in 2023 and remain at the that level.... 2 May budget primary surplus at 1.53 bln Confirmed figure beats the target by 1.35 bln The budget
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Newsletter 200 -29/03/2019
by 7 million euros. Monthly state budget expenditure came to 4.42 billion euros, which is 201... a surplus of 182 million, 210 million better than the target. 2 ESI stays at 101.3 March Index remains over... to sole proprietors edged up by 2 million euros compared to a decline of 39 million in January.
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