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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyin the compliance report of the first programme review its earlier estimate pointing to a modest GDP contraction... performance, GDP should improve by 0.3 percent in Q3 and by 0.1 percent in Q4 for the full-year estimate... Statistical Authority (ELSTAT) flash estimates showed on Friday. According to previous ELSTAT figures, Q1
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SYRIZA looks to eat further into ND's poll lead in final week of campaign
PoliticsGreek Politicsrepeated that as long as the budget continues to overperform there will be more permanent positive... is estimated at 13.2 percent. In an interview with Saturday’s Efimerida ton Syntakton newspaper, Prime
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PPC lignite unit bids fall flat in blow to privatisations
EconomyFeaturesto a closely watched privatisation. In December, PPC posted its nine-month results which noted a loss
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Final budget sees strong growth, fiscal overperformance in 2018
EconomyMacroeconomy. Athens now sees 2017 growth settling at 1.6 percent, well below the initial estimate. The Finance...). In fact, private consumption only grew by half the original estimate, 0.9 percent. Investment also reached just over half the estimate, increasing by 5.1 percent. The growth of exports did
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Government seeks to appease banks over ADMIE privatisation
EconomyMacroeconomythe privatisation process of the Independent Power Transmission Operator (ADMIE). The four banks noted... that the syndicated loan is guaranteed by ADMIE shares. However, the privatisation procedure for ADMIE selected... stressed. The privatisation process for ADMIE (fully owned by PPC) includes the unbundling of company
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European Commission review of Greek programme: The key points
EconomyProgramme. Privatisations The target for privatisation receipts in 2014 was revised downwards to 1.5 billion from the 3.56... estimates privatisation revenues in excess of the 3-billion mark per annum as of 2016. The updated plan... for nominal GDP due to deeper price adjustment and privatisation revenues coupled with higher arrears
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Housing tops government plans for policy reset in autumn
PoliticsGreek Politics“Renovate-Rent” programme from September with the aim of assisting property owners with the upgrades... designed to offer incentives to the owners of some 600,000 properties estimated to by lying empty so
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Coronavirus to delay much of privatisation plan
EconomyFeaturesGreece’s privatisations have stalled under the coronavirus pandemic, with most major privatisations... pushed to 2021. The government’s 2020 budget had forecast that privatisation revenues during the year... the privatisation’s timeline off track. Athens International Airport saw its total air traffic fall
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GDP revision for 2017 points to slight improvement from initial estimates
EconomyMacroeconomyGreece’s Statistical Authority (ELSTAT) issued on Wednesday the second estimate of the national... of the European System of National and Regional Accounts ESA 2010. The first estimate for 2017 was published... year-on-year, from a first estimate of 1.4 percent growth that was announced in March. Final
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HRADF's updated plan for 19 privatisation projects published
Economycouncil. Privatisations remains a key issue for the institutions, as was also clearly reflected... is feasible. He also stressed that the medium-term target for proceeds from privatisations of 6 billion... on the current status of 19 privatisation projects. These include, among others, airports, ports
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