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GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
EconomyMacroeconomythe Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. This was driven largely by a 15.7... budget for 2018 had anticipated exports of goods and services to rise by 6.9 percent in 2017.... Regarding the MoF’s own forecasts, following a substantial revision in the draft budget
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Newsletter 158 -20/04/2018
in February, an increase of 1.68 billion euros. Budget primary surplus at 2.32 bln in Mar Headline figure beats the target by 1.22 bln The budget primary balance recorded a surplus of 2.32 billion euros... Ministry (MoF) preliminary budget execution bulletin showed this week. The primary surplus
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Newsletter 171 -20/07/2018
choices will have to be incorporated in the draft 2019 budget, which is due to be ready in early... for environmental activities. 2 Budget primary surplus at 617 mln in June Headline figure driven by lower expenditure and slightly higher revenues The budget primary balance came to a surplus of 617 million
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Last bailout tranche just days away as pension discussion looms
EconomyProgrammein the coming weeks, particularly on the issue of next year’s pension cuts. The German Parliament’s budget... of October. The issue that is expected to dominate the agenda is the drafting of next year’s budget... Moscovici suggested recently that there could be room for changes if the budget performance allows
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Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
EconomyProgrammefor next year being cancelled. Eurozone finance ministers gave Greece’s 2019 budget the green light..., Eurogroup president Mario Centeno confirmed that the eurozone ministers gave Greece’s budget the green light... back by June 2019.” More discussions are also needed on the eurozone budget, another topic
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Newsletter 186 -07/12/2018
Post-MoU actions on centre stage Pension cuts halted after Eurogroup approves 2019 budget, focus shifts to reforms Following the approval of Monday’s Eurogroup for the 2019 budget, the Greek... ministers gave Greece’s budget the green light. He also stressed that the focus will now
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A snapshot of the Greek economy
Agorato examine state of the Greek economy at this early point of the year Budget balance: According to the Ministry of Finance, the Greek government budget achieved a primary surplus of 729 million for January, against a primary deficit target of 103 million. During the same period last year, the budget
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Newsletter 220 -20/09/2019
much of their focus on next year’s budget, particularly in terms of how the relief measures... space will be sought by cutting the budget for the Public Investment Programme, a cross-government... the budget approximately 70 million on the interest bill. The Greek government appears to have submitted
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Second day of review yields progress, work needed on fiscal front
EconomyProgrammehave been settled on this trip, ahead of the draft budget that is due to be tabled to Parliament... and ANFA profits and whether those can be used in the budget to create some fiscal space. According to a finance ministry official, the discussions on next year’s budget are based on three scenarios
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Greek govt gears for final Eurogroup of 2019, hoping for better terms
EconomyProgrammefor 2020, a full 0.5 percent lower than the government’s 2020 budget target, and 2 percent for 2021... a consensus on the budget, including the achievability of the 3.5 percent primary surplus target in 2020... for 2020 and beyond. Adding to this picture, the final draft of the 2020 budget is due to be tabled
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