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  1. GDP up by 2.3 pct year-on-year in Q1 on strong export growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent year-on-year (YoY) after upwards revised growth of 2 percent in Q4. The GDP movement in Q1... upwards revised growth of 2 percent in Q4. The headline GDP growth on an annual basis is the highest...) revised Greece’s growth from 2.6 percent in 2018 to 2 percent. The forecast for 2019 was also

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  2. Newsletter 166 -15/06/2018

    Newsletters

    of maturities will be set at 15 years but will be reduced by 2 years for each 5 billion euros... 21 when there is a Eurogroup meeting.” . 2 Hirings balance positive by 108,725 in May New record high... 68.4 percent in Q1, declining for a second consecutive quarter. Wages index rises by 2 pct in Q1

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  3. GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019

    EconomyMacroeconomy

    just short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019...’s GDP was expected to grow by 2 percent in 2019 and by 2.8 percent in 2020. The IMF meanwhile anticipated growth of 1.8 percent in 2019, followed by 2.3 percent in 2020 and 2 percent in 2021

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  4. General govt primary cash deficit of 1.85 bln in Apr as revenues decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (including tax refund arrears) fell by 2 million compared to March and came to 2.40 billion. Month... (-3 million each). Extrabudgetary funds fell by 2 million euros, while rises were noted in tax refunds (+16 million) and SSfs (+2 million). Since the start of the year, total arrears have fallen

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  5. Does the EU Commission suffer from optimism bias? (Part 1)
    Photo by EC - Audiovisual Service

    Agora

    and why these differences are important for policy interpretation. In part 2 of this blog, we will call.... Real GDP is the product of labor input and average labor productivity (Q = L *(Q/L)). Figure 2 shows..., and a bigger labor force, hence delivering higher employment throughout the future years (Figure 2

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  6. The Greek Ombudsman and public administration during challenging times
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    use persuasion and moral authority in order to encourage the administration to review its position... from active politics, a good dose of sobriety and creativity are required in order for the Ombudsman

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  7. Greece in 2014: The risks and opportunities of moving forward

    Agora

    and the European Union totalling 7.5 billion euros in order to avoid defaulting. Back in 2009... the European institutions and bilateral partners of Greece provide such debt relief in order

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  8. On Portugal, PSI and a national salvation pact

    Agora

    year. In order to service its debt, Portugal would need to be able to generate cash flow before.... In order to get to a 4.3% primary budget surplus, Portugal would need to improve its annual primary

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  9. Omnibus bill passes but leaves marks on coalition and SYRIZA
    Photo by MacroPolis

    PoliticsGreek Politics

    in order to secure up to 12 billion euros in bailout funding and then turning the focus within the eurozone... democratic principles in order to keep the adjustment programme on track. Either way, Sunday’s events

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  10. Greece's ultimate sacrifice for stability
    Photo by Harry van Versendaal

    Agora

    of double agent, giving Golden Dawn MPs harmless morsels in order to glean information from them. One has... Order Minister Nikos Dendias’s drawer before they were sent to prosecutors and why this happened

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