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  1. Newsletter 135 - 13/10/2017

    Newsletters

    this week - that there will be an overall deficit of -1.7 percent of GDP this year and -1.1 percent... the goods’ and services’ indices advanced by 1.1 and 1 percent, respectively. The harmonised index... production index (+6.6 percent) and the manufacturing production index (+3.1 percent). In contrast

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  2. Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
    Photo by MacroPolis

    EconomyMacroeconomy

    in the MTFS assumptions. Private consumption is expected to grow by 1.1 percent, from 1 percent... of the alternative scenario is 1.1 billion euros: 335 million from scraping pension cuts and countermeasures... expected to reach 6.6 billion euros, from 5.5 billion euros this year.

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  3. Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros and was below target by 611 million. Net revenues came to 50.96 billion euros, under... expenditure came to 44.20 billion, below target by 611 million euros. Interest payments declined YoY

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  4. Coalition sets bar low for presidential vote, opts for pre-election rhetoric

    PoliticsGreek Politics

    The government appears to have set 165 as its target for the number of MPs’ votes it hopes to garner in the first presidential ballot on Wednesday. The number has appeared in several reports citing government sources and appears a logical goal in the wa...

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  5. Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
    Photo by MacroPolis

    EconomyProgramme

    The Eurogroup Working Group held on Monday failed to narrow the differences on the fiscal gap foreseen by the Greek authorities, the European institutions and the IMF. Thus, the date of the mission chiefs’ return to Athens still remains unidentified and...

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  6. Producer prices rise marginally by 0.1 pct YoY as all components bar energy increase

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) had a marginal rise in November, with an increase of 0.1 percent year-on-year (YoY), after a decrease of 1.4 percent in October, ELSTAT data showed on Tuesday. This was the first positive reading after four consecutiv...

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  7. Self-employed paying less for social security contributions, Labour ministry reports
    Photo by MacroPolis

    EconomyFeatures

    . The average monthly contribution for farmers rose by 6.6 percent (from 87 euros to 95 euros), due...-employed workers and reports of such workers deregistering from the status of “self-employed” en masse... Engineers and Public Contractors Pension Fund (TSMEDE) fund compared to 64.2 percent in 2017

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  8. Newsletter 10 - 09/01/2015

    Newsletters

    figure is the lowest reading since August 2012. The drop is mainly attributed to a 1.1 percent month... by the Interior Ministry. For citizens who are prevented from voting in their home constituency

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  9. Newsletter 60 - 29/01/2016

    Newsletters

    to more than 1.1 billion euros in absolute terms, could provide a cushion in the upcoming... islands to prevent them simply moving on en masse to other parts of Europe. On this subject, a lot... that one of the ideas mentioned during an EU interior ministers’ meeting this week was for a large refugee

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  10. Newsletter 113 - 31/03/2017

    Newsletters

    by 1.1 points in March after a decrease of 5.5 points in February. Following a cumulative decline... Skourletis, now head of the Interior Ministry, warned in an op-ed on Monday against the “cannibalisation

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