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On monetary policy and inflation targeting
Agora). As a result, economic activity may slow down and unemployment may go up, until the balance... that the central bank targets the inflation rate, which is still too high but coming down. The central bank may shift to a neutral monetary policy stance (“data dependent”) and inflation may slow further to its
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A varied set of views on China
Agoraof inferior quality to that of western goods. In short, while Greeks are not disposed negatively... in their eyes. Nor do they envy life and work in China, and find Chinese commodities of inferior quality
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Newsletter 127 - 14/07/2017
in this case is that the timing of the bond issue may be close to the next review, which is likely... is also worried that the European Central Bank may announce on September 7 the scaling back of its QE programme, and that this tapering may cause some volatility on the markets. Bank of Greece: NPE
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Questions persist about timing of general elections
PoliticsGreek Politicsfor the local and European Parliament elections in May, amid continuing speculation that the SYRIZA leader may also call snap general elections at the same time. The conservatives want the government... transferrable vote and whether European Parliament and local elections will both be held on May 26
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomydata released by the Ministry of Finance (MoF) on Thursday. The state budget deficit to May... from +390 million to April). The monthly figures show a primary deficit of 335 million in May, which is lower than the 495 million recorded in April. In contrast, the May budget deficit stood at 839
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Newsletter 25 - 08/05/2015
Covered for May Government will find payment deadlines very difficult to meet in June This week, the Greek state concluded the first two of its May debt servicing payments. One was an interest payment of around 200 million euros to the IMF on May 6. Initially due on May Day, payment was postponed
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Newsletter 82 - 15/07/2016
in May after a 3.3 percent increase in April. The positive performance in May fully reflects a rebound... euros in May, much higher than the 694 million rise in April. The aggregate figure for the year so far... (i.e. those created before 2016) eased by 254 million euros to 83.31 billion in May, largely due
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Newsletter 211 -21/06/2019
million euros in the first five months of 2019, compared to a surplus of 853 million noted in May 2018... expenditures). The MoF said that these one-off payments that took place until May of 2019 in connection... by 105,282 May figures for job creation second highest on record as seasonality manifests Just over
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Greek primary budget surplus reaches 712 mln in first half of 2014
Economy, the first half primary surplus widened the outperformance to 1.35 billion euros from 503 million to May... in June from 844 million in May and 698 million in April. Revenues (excluding tax refunds) retained... increase in May. The year to date figure stood at 22.21 billion euros, up 3.9 percent. The revenue
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Newsletter 73 - 13/05/2016
MPs approve reform package Another bill with remaining prior actions expected before May 24... crucial Eurogroup is on Tuesday May 24, with European economics commissioner Pierre Moscovici expressing... coming from Monday’s Eurogroup in Brussels also bolstered the feeling that the government may have
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