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  1. Newsletter 376 - 31/03/2023

    Newsletters

    . The first Sunday of that month, July 2, is seen as the cut-off point for a second election..., which is expected to take place on May 2, will determine whether Ellines, the party of jailed Golden... will be dissolved anew by May 31, and new elections declared for July 2. The second contest would take place under

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  2. Newsletter 388 - 07/07/2023

    Newsletters

    , and an increase in public spending by 2 pct due to improved budget performance that will generate... programmes. The Parliamentary Budget Office (PBO) also published this week its latest quarterly report... to a more moderate growth of 2 pct. The 2 pct rise in handout spending will push up GDP growth

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  3. GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY

    EconomyMacroeconomy

    . Exports decreased by 0.7 percent and imports increased by 2 percent. The export drop was led... According to the latest Finance Ministry estimates included in the final budget for 2024, growth... from 3 percent to 2.5 percent. In its growth forecasts, the Parliamentary Budget Office expects

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  4. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    year-on-year, while imports were up by 9.6 percent. Goods exports increased by 2 percent YoY, while... percent, from the 2.9 percent that was the initial budget estimate. In the latest monetary policy report... from the previous estimate of 2.3 percent. In its growth forecasts, the Parliamentary Budget Office

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  5. Newsletter 475 - 12/09/2025

    Newsletters

    into “French-style” austerity. New Democracy loyalists argue that sustained budget surpluses are the only safe..., from 0.1 pct in the previous quarter. This slight deceleration took H1 growth to just under 2 pct... lower tax rates across the scale by 2 percentage points, the focus has been on young taxpayers, below

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  6. Does new troika visit spell fresh drama for Greece? Maybe not

    Economy

    budget earlier this October that is fully compliant with the target of achieving a 1.6 percent of GDP primary surplus. This will involve yet another ambitious consolidation effort to produce a state budget surplus of more than 2.8 billion euros. Shortly after the draft budget was produced, European

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  7. Newsletter 5 - 28/11/2014

    Newsletters

    meeting, the Greek parliament will vote on the 2015 budget, with the government insisting that next year... recorded their third-highest readings this year in October. Budget shortfall in October as revenues miss target A revision of monthly targets meant that Greece’s budget execution figures were 880 million

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  8. Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec

    EconomyMacroeconomy

    and is mainly attributed to Public Investment Budget deficit of 857 million euros. The central government... on a cash basis, while the respective items included by the Ministry of Finance (MoF) in the budget... arrears to the private sector of 6.16 billion euros in 2013 and 1.15 billion in 2014. 2) Greece’s

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  9. Why doesn't Tsipras just cut defence spending?

    Agora

    Minister Alexis Tsipras faces in slashing the defence budget is that – contrary to what many people... budget, the government spent an average of 428 million euros on military procurements in each... the crisis began, more than 70 percent of the defence budget was used to pay staff but, according

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  10. General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    performance reflects primary cash surpluses in all four sub-sectors. The figures for the state budget... to last year, state budget recorded the most notable improvement in its primary cash surplus by 1.92... to 18.49 billion and a fall in transfers from the state budget by 9.8 percent to 14.8 billion

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