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Greece's 2014 fiscal gap suddenly appears bigger, much bigger
EconomyJust one week after the Greek Finance Ministry submitted to Parliament the draft budget for 2014... of the Greek adjustment program was interrupted because of a “significant fiscal gap” in next year’s... comment, reports in the Greek media suggested that additional fiscal measures of between 2 and 3
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Androulakis keeps coalition options open as polls suggest deadlock likely in first vote
PoliticsGreek Politicsand his strategists to delay the election until May 21, hoping that some of the Greek public would... and ultra-nationalist Greek Solution is on course to receive 2.4 to 4.4 pct. The projected support..., is notable. It is also worth noting that MeRA25 and Greek Solution are on course to re-enter
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IMF forecasts add to concerns about sluggish growth ahead
EconomyMacroeconomywith the World Bank. The IMF is broadly in line with other organisations as well as the Greek... of the Fund on Greece’s growth potential, even when the Fund was more closely involved in the Greek... on more modest forecasts by the Greek authorities, which landed at just 1.5 pct in 2027 and 1.3 pct
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Newsletter 54 - 04/12/2015
, excluding social security contributions, the Greek ratio of 23.7 percent in 2013 stood below... stems from 1.87 billion in uncollected SMP and ANFA income, while the reported figure includes a one-off item of 556 million related to fees paid by Greek banks in 2012 that was collected by the Hellenic
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Newsletter 59 - 22/01/2016
, are in no mood to make the first bailout review an easy process and, at the same time, Greek society has... its inexperience, cast off its ideological straitjacket and ignore the factors that had stacked up... off would limit the bargaining power of the new government. This was even more so the case given
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Newsletter 186 -07/12/2018
shifts to reforms Following the approval of Monday’s Eurogroup for the 2019 budget, the Greek... and the release of the profits from Greek bonds made by the European Central Bank and other eurozone central banks (ANFA and SMP) can begin. The Greek government is aware that this is a watershed moment because
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Minister's actions put PM on the spot as politicians' loans stir controversy
PoliticsGreek Politicspounce upon. Also, Polakis clearly serves a purpose for SYRIZA. His abrasive style may be a turn-off... Documento weekly, which claim that the same off-shore source provided finding for the latter’s business
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Budget primary surplus at 382 mln in June
EconomyMacroeconomyfigures to cover the one-off payments related to law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The MoF said that these one-off payments that took place until June 2019... revenue breakdown will be provided upon the release of the final budget execution bulletin due on July
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Post-election blamestorming or Why Harris lost and the Democrats should nominate Oprah
Agoraeconomists be damned, voters were convinced they’d been better off under Trump. They could live..., the Democrats would have been better off nominating the famous television host – a wildly popular chat...As an American expat in Europe, it is a familiar quadrennial exercise to be called upon to explain
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Banks’ EFSF bonds QE eligible but with little impact on liquidity
Economyon outright selling of EFSF bonds held by Greek banks have been lifted. This applies only for the participation of Greek banks’ EFSF bond holdings in ECB quantitative easing (QE) in the context of its Public Sector Purchase Programme (PSPP). This means that at the moment Greek banks cannot sell their entire
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