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Newsletter 122 - 09/06/2017
of 2.5 percent in projected for 2018, above its previous estimate of 1.9 percent. Lowering its... to return, large uncertainties remain. OECD estimates that GDP will rebound 1.1 percent in 2017
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Draft budget highlights taxpayer fatigue, creates policy mix doubts
EconomyMacroeconomybillion in 2017 from an MTFS estimate of 21.52 billion euros. The ministry notes that on a cash... measures with little effect. Direct taxes estimates for 2018 have also been downward revised from
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Eurogroup paves way for completion of third review, talks on debt relief
EconomyProgrammeestimate foresaw reductions of 20 percentage points and five percentage points respectively over... estimates that the total package will reduce Greece’s debt-to-GDP ratio by about 25 percentage points
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Newsletter 164 -08/06/2018
YoY, while imports of services rose by 7.3 percent QoQ and 13 percent YoY. The MoF’s growth estimate...) provisional estimates revealed this week. The headline figure for Q1 marks five consecutive quarters
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Newsletter 227 -08/11/2019
expected in the spring forecasts published in May, compared to a 2 percent estimate in last year’s autumn...’ Protection Ministry estimates that around 4,000 people can be housed in empty hotels. Petsas blamed
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GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
EconomyMacroeconomypublished in May, compared to a 2 percent estimate in last year’s autumn forecasts. In 2020, the EC...Greece’s seasonally adjusted (SA) GDP increased by 0.6 percent quarter-on-quarter (QoQ) in the third quarter (Q3) of 2019 after a revised increase of 1.3 percent in Q2, provisional estimates from
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Newsletter 239 -14/02/2020
revised upward, from 2.3 percent in November to 2.4 percent now. The estimate for 2021 remains unchanged... The European Commission updated its economic estimates for Greece on Thursday, as part
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Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
EconomyMacroeconomythe target by 3.57 billion euros. The MoF noted that when compared to the updated estimate for the first... the intakes against the initial budget estimates. The underwhelming tourism season in July is also
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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyannounced recently for Q2 2020 was deeper than its own estimate from April of -13.7 pct. Combined... by its initial estimates of an annual recession towards the adverse scenario of 8.5 to 9.4 pct
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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgramme, it is not before 2050 that the debt stock will converge to the previous estimate of around 85 pct of GDP... in the previous estimates. In terms of the debt-to-GDP ratio, Greece was expected to have a debt level
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