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Newsletter 300 - 11/06/2021
reaches its two-year anniversary, Mitsotakis wants to send a message of renewal or that he wants... that could come into the calculations is the possibility of snap elections later this year. While... Greece completed its fourth market foray of the year by re-opening this week the 10-year bond
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Newsletter 323 - 14/01/2022
this year, but this was expected to come later than May. This week, SYRIZA had called for the second... by ELSTAT of consumer prices in Greece, which saw the index rise by 5.1 pct year-on-year in December... initial expectations. Greece was in deflation for about one year until May this year, when the CPI
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Newsletter 139 -10/11/2017
of security fears. The decision by the notaries’ associations to go on strike until the end of the year... hopes of the third review being concluded this year. Government spokesman Dimitris Tzanakopoulos... this month. The government is hoping to share out at least 1.1 billion euros from this year’s fiscal
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Newsletter 140 -17/11/2017
amount being redistributed this year is more than twice the 617 million euros handed out last December... that the Greek economy has performed impressively for a second year in a row. He added that the government expects a growth rate of close to 2 percent of GDP this year. The opposition parties, though, accused
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Newsletter 144 -15/12/2017
days before a brief break for Christmas and New Year. Sessions are due to resume on January 3... euros. The prime minister said that homeowners have until the end of next year to apply... growth expected next year, as soon as possible by calling snap elections in the autumn of 2018
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Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
EconomyMacroeconomyNovember’s negative balance of 684 million. The full year budget balance for 2017 recorded a deficit... revenues fell by 1.1 percent year-on-year to 5.72 billion. The figure represents a rise compared... their annual target by 288 million. The breakdown revealed that tax revenues fell by 3.2 percent year
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Newsletter 154 -9/03/2018
be available to settle the debate about whether this year’s primary surplus target is within reach... by a year. This does not seem to be a move that the European lenders feel is particularly necessary... government primary cash surplus rises by 621 mln year-on-year Greece’s seasonally adjusted (SA
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomypercent year-on-year (YoY) after a slight downward revision of Q2’s growth to 1.7 percent. The GDP... this year after the growth of 2.5 percent noted in the first quarter of this year. YoY GDP growth... last year, private consumption rose by 0.7 percent in Q3, dropping from the increase of 1.3 percent
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Newsletter 249 -08/05/2020
economies experiencing “a recession of historic proportions this year.” Euro area GDP is seen falling by 7.75 percent in 2020 and growing by 6.25 percent next year. The EU economy is expected to contract... of the year, Greece receives 70 percent of its travel revenues during the summer and, as restrictions
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IMF expects modest recovery, lingering debt but primary surplus to return swiftly
EconomyMacroeconomyeconomy recovering by 3.8 pct this year, followed by growth of 5 pct in 2022 and a modest 1.4 pct in 2026. Growth in the last quarter of this year is seen picking up by 6.9 pct, and slowing down to 3.6 pct in the last quarter of next year. This year’s estimate is marginally lower than the one
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