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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammescenario, this leads to debt to GDP ratio of 100 percent in 2040, and a lower interest rates scenario that leads to 100 percent of GDP until 2039. Banks The banking sector attracts considerable attention... fiscal targets is pushed further back to October, in conjunction with the budget discussions
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Govt pins hopes on lifting Covid restrictions in March as experts tread more cautious path
PoliticsGreek Politicssubsidies for households, admitting that they will have to dip into the budget to see the crisis out... time in several days that the daily figure has fallen below 100. The Covid death rate in Greece has... of February compared to 100 in December 2020 and has raised questions about why it so much higher
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Newsletter 415 - 08/03/2024
, as the momentum from the pandemic recovery started to ease, GDP recorded growth rates of 2 pct, 2.7 pct... budget for 2023, the Finance Ministry expected fixed capital formation to grow by 15 pct in 2023, largely assisted by the benefits of the RRF on the public investment budget and credit expansion
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2015 primary surplus exceeds target as revenues outperform and expenditure is reined in
EconomyGreece’s budget primary balance reached 2.27 billion in 2015 up by 21.1 percent from the 2014 figure of 1.87 billion, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday afternoon... target for 2015 was 3.88 billion in the 2016 budget, upward revised from the 2.02 billion included
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Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
EconomyMacroeconomyand macroeconomic developments, presenting its views on the 2017 draft budget and whether targets will be met... to be in line with the draft budget. Overall, the report concludes that the 2016 budget figures will be in line with the 2017 draft budget figures significantly contributing, but not necessarily
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Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package
EconomyProgrammeas part of the troublesome second review of the third programme, will be scrapped. “The 2019 budget... Real FM on Thursday. “In fact, the budget will contain measures the will relieve the pressure... measures the 2019 budget would have a surplus of 500 million to a billion euros. Senior government
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Newsletter 216 -26/07/2019
and there will be no fiscal gap in 2019 or 2020. It is this triptych that the government is now basing its budget... and ANFA bonds as revenues in the 2020 budget. Greece is due to receive 1.3 billion euros next year... The budget primary balance recorded a surplus of 381 million euros in the first six months of 2019
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Newsletter 308 - 17/09/2021
and Growth Pact and would have to deliver a balanced budget after deficits of close to 10 pct in 2020... surplus in the region of 2 pct of GDP, which assuming the economy will begin approaching 180 billion... secured the lenders’ approval so they can remain in place in next year’s budget. The costliest
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Debt strategy for 2022 set to continue along this year's steady path, assisted by PEPP
EconomyMacroeconomy2022 budget anticipates the debt-to-GDP ratio resuming a downward path. The Finance Ministry provided... purchase programme PEPP. The draft budget outlines more than 29 billion euros of ECB purchases of GGBs... and 1 billion euros and yields of 0.02 pct and 1.675 pct respectively. The draft budget also notes
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Newsletter 331 - 11/03/2022
in the budget for more relief measures. However, Greek hopes were dashed on both counts after the first day... budget, while the opposition has been pressing for more radical interventions. The publication... represents the sharp end of the inflation crisis in Greece, where unleaded fuel has risen above 2
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