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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek PoliticsThe year ends with Greece being hit by a cold snap and high winds, but with the government planning... on how New Democracy intends to begin the new year. The first major item of legislation being drafted... to be published within the first half of the year. Estimates of the total cost of the claims range from 4.2
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Newsletter 70 - 15/04/2016
its macro and fiscal forecasts, the IMF estimated Greek GDP will contract 0.6 percent this year... at 25 percent in 2016 and slipping to 23.4 percent next year. Given the ongoing negotiations, the IMF... 2015 One year on, substantial differences exist in government's approach There were many echoes
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Newsletter 357 - 04/11/2022
to explain how free and fair elections can take place in Greece next year if this unofficial spying... is in a position to spy on his political rivals in the runup to next year’s votes. The government... upcoming elections in the next year. We need to be aware of the fact that there will be actors
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Political tremors shake Spain, overshadow economic progress
Agorain decades in this year’s European elections. Although the ruling party currently holds an absolute... jobless people. Around 60% of them have not worked for more than a year nor did 1.2 million workers over... up to 1.2 percent this year from last year’s 1.2 percent contraction, the Spanish government’s
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ND aims to show progress at Eurogroup but QE unattainable for now
EconomyProgrammeinvestors and in the markets, but also towards gaining greater leeway from the lenders. Attending his first... Athens around 75 million euros a year over the next few years. New Democracy hopes... next year is a growth-friendly measure that will boost investment, thereby allowing its estimated
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Banks tout ambitious NPE plans to return to European mainstream
EconomyBankingGreece’s banks have started what was set to be a difficult year for them by winning plaudits... Hercules Asset Protection Scheme has run it course this year, the ratio of bad loans will be reduced... the ball rolling on the systemic banks reporting their full-year earnings for 2020. Eurobank itself
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Tsipras to get election campaign underway as parties target middle class voters
PoliticsGreek Politicsof the tax-free threshold reduction, which was due to be implemented next year. The relevant... to 2,151 euros per year, according to Naftemporiki newspaper. The government has responded... for low-income pensioners to be brought back from the start of next year. The prime minister is also set
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Newsletter 478 - 03/10/2025
to a near two-year low amid vendor discounting. Firms raised selling prices modestly, with one... this year showed that FDI in real estate continued to slide, dropping by 6.5 pct year-on-year (YoY), though... of property FDI in Q2 was 581.5 million euros, from 622.1 million in Q1 last year, and 356.8 million
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Growing hopes that Greek recession will be milder than expected
EconomyThe Greek government as well as local banks and economic think-tanks are hopeful that this year’s... surprise, Greek GDP rose by 0.9 percent quarter on quarter (QoQ) and 1.6 percent year on year (YoY... statements they expect a softer GDP contraction this year. Their predictions for a better-than-expected
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Newsletter 65 - 04/03/2016
for the next steps, starting with the quadriga’s return to Athens. We understand that the IMF... showed that GDP decreased 0.8 percent year on year in Q4, which was much slower than the flash estimate of 1.9 percent. For the whole year, real GDP contracted by 0.3 percent, while nominal GDP fell
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