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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgrammeon May 26 would have a fiscal impact of 1.1 to 1.4 percent of GDP, around double the Greek estimate
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeconservative view, in line with the European Commission’s current estimate of 2.2 percent growth
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammeand out of the 10.5 percentage points rise in the debt-to-GDP compared to March estimate, 2.5
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IMF paper suggests shadow economy still thriving
EconomyFeaturesA working paper from the International Monetary Fund (IMF) on the shadow economy of Europe has shown that the phenomenon continues to persist in Greece. The paper aimed to note the drivers of the shadow economy in Europe and estimate its size. It found that the shadow economy mostly declined
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Banks gear up for 2020 stress tests as evaluation begins
EconomyBankingestimate. The adverse scenario expects deflation over the coming years that will reach, -0.5 percent
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Newsletter 242 -06/03/2020
the government’s estimate. This could create significant problems for the government to meet its fiscal targets
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PM increases coronavirus support package to 10 bln, while sounding dire warning to public
PoliticsGreek Politics, bringing the total to 464. The official estimate of total infections in the community based on modelling
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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesThe Bank of Greece (BoG) has made its first estimate of the impact of the coronavirus on the property market in Greece while outlining the positive year enjoyed by the sector in 2019. In the 2019 governor's annual report, BoG analysts said that 2019 was a strong year for the Greek real estate
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Newsletter 246 -03/04/2020
of GDP. Additionally, the Bank of Greece (BoG) has made its first estimate of the impact
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Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
PoliticsGreek Politicsestimate that for each percentage point of GDP lost, between 45,000 and 50,000 people will come out
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