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  1. Early rounds of talks with lenders focus on possible prior actions

    EconomyProgramme

    imposed in 2012 were unconstitutional. 2) Changes in early retirement with the retirement ages to 62... (ENFIA). 7) Reduction in the price of all off-patent drugs and reconsideration of the limits in generics... including Sundays. 14) Restructuring of Athens public transport (OASA). 15) Change in the legislation

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  2. Does the EU Commission suffer from optimism bias? (Part 2)
    Photo by EC - Audiovisual Service

    Agora

    that member states (strategically) adopt this scenario as their own (for which there is evidence[2... emerges when we take the added effort to turn on System 2, or “Slow Thinking,” based on analysis... on “The Macroeconomy of the European Union: A Work in Progress” (in this blog text referred to as “the Book”). [2

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  3. Stability Programme sees improved growth, primary surplus above 2 pct from 2024
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    . The primary balance rises above 2 pct of GDP next year, up to 2.5 pct of GDP by 2026, which is broadly.... Private consumption will continue to grow by 2 pct in the two next years, towards a more moderate..., reaching 2 pct in 2025. Unemployment only falls below 10 pct in 2026, at 9.8 pct.

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  4. Industrial production returns to growth of 2 pct in September
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    three contractions since June. It grew by 2 percent year-on-year (YoY), after dropping by 0.1 percent... a drop of 2 percent, after an increase of 0.9 percent in the previous month. The annual movement... business surveys for October, industry confidence went deeper into negative territory to -4.3, from -2

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  5. Consumption and investments drive Q3 GDP growth of 2 pct YoY
    Image: MacroPolis

    EconomyMacroeconomy

    growth accelerated to 2 percent year-on-year (YoY), from a 1.6 percent YoY rise in Q2. Growth over the nine months of the year averages to 2 percent, needing a slightly stronger finish in the last... pct in 2026. In its latest WEO released in October, the IMF sees growth of 2 pct in 2025 and in 2026

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  6. MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
    Photo via Flickr https://flic.kr/p/r7FCCf

    Economy

    signed the memorandum of understanding (MoU) for Hellenikon on June 7. The cash consideration... revenues is seen at 12 and 7 percent respectively. On the fiscal front, the tax revenues from... (14 percent) and corporate income taxes (11 percent). In addition, personal income and single

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  7. Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    . Only Italy reports similar values, with 7 and 9 percent, respectively, of its respondents satisfied... in their living standards in the four years before the survey. Only 2 percent of the Greek households... in order to improve public healthcare and public education. The survey found that only 7 percent

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  8. Newsletter 289 - 19/03/2021

    Newsletters

    extending the start of the night-time curfew on weekends to 9 p.m., from 7 p.m., opening hair... of the allocation. This compares to 57 pct for asset managers, 28 pct for banks, 7 pct for pension funds... with 24 pct, followed by France 14 pct. Greece held 10 pct of the allocation, followed by the US at 9

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  9. Why did Greece return to bond markets now? Was it the right decision?

    Economy

    and European Parliament election in May. 2) Who bought the bond and can we discern anything from... to continental Europe, 15 percent to the rest of the world and 7 percent was distributed to investors in Greece... percent, banks for 14 percent and pension and insurance funds for 4 percent. The Wall Street

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  10. The targets and deadlines in Greece's privatisation programme

    EconomyProgramme

    involve: 1) Regional airports divided into two clusters of 7 airports each. The tender was awarded... be approved by the EC in November and the delivery of airports would be completed by March 2016. 2... ratification by February 2016. 7) OLTH, the second largest Port Authority. Similarly to OLP, the tender

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