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Newsletter 40 - 28/08/2015
assumptions, since they are not as severe as previously feared, yet it is not clear whether... elections this year Recent developments give Greek voters a clear-cut, binary option to make... of political chairs gives Greek voters a clear-cut binary option to make an informed choice between
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Tsipras pitches SYRIZA election manifesto as basis for progressive coalition
PoliticsGreek Politicsthe cost at 5.5 billion annually. Aside from pitching to potential SYRIZA voters, Tsipras made clear... allies, it was clear from the context that he was extending a hand to PASOK, in the most overt gesture so... seeking to punish the administration could deny the conservatives a clear lead under the proportional
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Mitsotakis appeals to "silent majority" as Tsipras puts squeeze on PASOK and SYRIZA
PoliticsGreek Politicsto unsustainable policies. However, beneath this clear messaging lies significant internal unease... with the ruling conservatives. This new bipolarity became clear through a sharp exchange between ELAS... and digital party structures. It is clear that ELAS is transitioning quickly from launch phase to full
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IMF sees Greek growth at 2.5 pct in 2015, debt at 172.7 pct of GDP
Economy. GDP growth for 2015 was revised downward to 2.5 percent from 2.9 percent in its previous estimate six... estimates are included in the most recent reform list sent by the Finance Ministry in late March in the context of the February 20 Eurogroup agreement. The IMF revised upward its estimate on Greece’s
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Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment
EconomyMacroeconomy(QoQ) in Q3 2015, at a faster pace compared to the flash estimate of -0.5 percent released two weeks...). According to today’s figures, GDP eased 1.1 percent year on year (YoY) in Q3, from flash estimate... that the difference to flash estimates is attributed to September balance of payments and quarterly date
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomyestimate for imports in 2018 stands at an increase of 3.8 percent. 2018 outlook The first quarter... by 1.9 percent, from 2.5 percent previously. The estimate for next year was also downward revised..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday. The headline figure
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GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
EconomyMacroeconomypublished in July stands by its revised estimate for 2018 growth from 2.6 percent previously to 2 percent... by 1.9 percent, from 2.5 percent previously. The estimate for next year was also downward revised..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday. The headline figure
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Troika and Greece in stalemate over budget targets, prior actions as time ticks away
EconomyProgrammefor the scheme. In contrast, the MoF has not altered its initial estimate of a 900-million-euro fiscal... budget will incorporate an estimate for a primary surplus of 1.8 percent of GDP, slightly lower than... and it appears the troika estimates it would further increase in the last two months of the year
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Debt relief, MTFS and return to bond markets on agenda after technical agreement
EconomyProgrammethe programme target of 1.75 percent and higher than the 2017 budget estimate of 2 percent. Moreover... forecasts on May 11, which are expected to be downgraded from its previous estimate of 2.7 percent... sustain such large surpluses over an extended period of time” adding that it estimates a primary
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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomygrowth is seen accelerating further in the last quarter of next year, with the estimate revised... by 1.8 percent, up from the April forecast of 1.7 percent. The current account deficit estimate... projections for Greece. The Fund keeps its growth estimates steady for this year, seeing real GDP
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