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IMF revises growth forecasts downwards, emphasising gap with other lenders
EconomyMacroeconomyThe International Monetary Fund (IMF) issued on Tuesday its latest World Economic Outlook (WEO), updating its forecasts for the Greek economy over the coming years. It contained mixed messages... significantly to 0.7 percent this year from 1.1 in 2017, reaching the same figure again in 2019. The current
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EC forecast acknowledges pressure on Greek households, revises down growth
EconomyMacroeconomyin the winter forecasts. Although in 2017 Greece recorded the first year since 2006 that the economy grew... led by corporate investments contributing 1.1 percentage points (pps) to the overall growth rate
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No bounce for Tsipras in poll as cracks appear in centre-left
PoliticsGreek Politicsis 14.1 points ahead of SYRIZA on 22.6 percent. The difference between the two parties is 1.1 percentage... this year. He will likely want to give the economy more time to recover, hoping that this will help
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Greek banks push for return to normality
EconomyBankingand representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. Several loan portfolio sales... boost the Greek economy, where SMEs dominate the business landscape. In total, Greece’s banks aim
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Recent study issues warning over ageing population, future pension burden
Societyby several observers of the country’s economy, including the International Monetary Fund. Professor Robolis... of 92,898 live births were registered, an increase of 1.1 percent compared to the previous year
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Newsletter 175 -21/09/2018
and Sunday. On the economic front, he set out a plan to boost Greece’s economy so it achieves 4 percent..., bad loans in mortgages fell by only 1.1 percent versus a fall of 24.6 percent in the consumer
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OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
EconomyMacroeconomyThe Organisation for Economic Co-operation and Development (OECD) issued its expectations for how the Greek economy will grow in the near future with the release of its economic outlook, and stressed... growing by 1.1 percent in 2019. On the fiscal front, the OECD expects Greece to have a general
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Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
EconomyMacroeconomyusing Hellenic Statistical Authority (ELSTAT) figures. Around 1.1 million main pensions (40.4... year. Pensions continue to be a delicate topic for Greece’s economy and political debate
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Newsletter 191 -25/01/2018
wiggle room as budget revenues are seen at the same level as in 2018 even though the economy... at 97.84 euros, very slightly down from last year’s figure of 97.89 euros. Around 1.1 million main
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Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
EconomyMacroeconomythat visitors from Germany rose by 1.1 percent to around 38,200. Those from France increased... of the Greek economy, generating close to a fifth of the country's overall GDP in direct and indirect
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