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In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgrammeto 1.5 percent after 2021 and decline to 1.25 percent after 2030. 2) Total privatisation proceeds of 18.... The Commission’s baseline scenario (A) assumes: 1) GDP to contract 0.3 percent in 2016 and then rebound... decreasing 5 years after the end of the programme leading to an overall average primary surplus of 2
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Newsletter 84 - 29/07/2016
in the first six months. On the same day, the BoG said that credit contraction remained stable at 2 percent... that beat the target by more than 1 billion. It is worth noting that tax revenues surged 38.8 percent.... 2 Time to think outside the box Greece needs a robust media watchdog and ethics code
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Newsletter 102 - 13/01/2017
of Greece (BoG) figures showed non-performing exposures (NPEs) edged down by almost 1 percent to 106... to 40.1 billion. 2 Unemployment rate eases Slight drop attributed to a decline in the number of jobless... in December were in alcoholic beverages and tobacco (+2 percent), housing (+1.8 percent) and hotels, cafes
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Another Eurogroup for Greece where all options fell short
Agorathe Parliament's vote for a package of further austerity measures worth around 2 percent of GDP in pensions cuts... the next decades Greece will need to live with a primary surplus of 2 percent of GDP, which will keep it in line with the EU fiscal framework. If in broad terms that framework implies a total deficit of 3
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Eurogroup doesn't end in tie for Tsipras
Agorathat since Schaeuble needed the IMF on board to live up to his pledge to German MPs, the adoption of 2... includes 1.6 billion euros that will be set aside for clearance of arrears. The total arrears currently... to or above but close to” 2 percent of GDP. Again, this is nothing to shout from the rooftops about
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Newsletter 147 -19/01/2018
Parliament last year following the conclusion of the second review. Each measure is worth 1 percent... not like to consider going to the polls in a year that they have to implement new fiscal measures worth 2... percent. 2 Budget primary surplus at 1.97 bln in 2017 Strong underspend drives headline figure
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Eurogroup marks end of cycle and squaring of circle for Greece
Agoraprivatisations (expected at 2 billion in 2018 and over 1 billion in 2019) set the current cash buffer plan at 18... a debt buy-back in the end of 2012. A margin of 2 percent was foreseen from 2017 onwards. This margin... 2019 and 2024, with loan repayments amounting to almost 10 billion euros. Overall, out of the total
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Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
EconomyOnly two days after announcing economic measures of up to 2 billion euros to support businesses... Reference Framework (ESPA), taking the total available to 9.8 billion euros. Finance Minister Christos... of the coronavirus on the economy. This will have a fiscal cost of about 2 billion euros, Staikouras
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PM looking to build on RRF approval to augment profile as moderniser
PoliticsGreek PoliticsCommission has indicated that it expects 1 percent of GDP to be added this year, 2 percent next year and 2.5... 2.3 billion in grants and close to 2 billion in loans) to be made in July, with close to 8 billion euros in total due to be transferred within 2021. The message that Mitsotakis conveyed on Thursday
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Mitsotakis pledges more help to tackle inflation, calls for EU price cap on natural gas
PoliticsGreek Politicsrisen above 2 euros per litre and household electricity bills were up by an average of 27 pct... more comprehensive package to address the public’s concerns, despite having allocated around 2... to increase again on May 1. Finally, the opposition party also proposed a reduction in the VAT rate on some
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