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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicscreditors to reduce the fiscal target from 3.5 pct of GDP to between 2 and 2.5 pct. The government... forecast which put it at 2 percent, and the institutions and foreign banks which put it at 1.8-1.9... that the amount will be between 1.5 and 2 billion euros. Clearly, there are a lot of variables
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Newsletter 234 -10/01/2020
if it is lowered to 2.5 pct this would create 2 billion euros of extra fiscal space. The primary surplus... corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted... with an agreed maturity of up to one year decreased by 3 bps to 0.36 percent. 2 Unemployment at 16.6 pct
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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economypercent below the 2008 level, and rising by just 2 percent in the first nine months of 2019. Fitch sees... of 0.6 - 2 percent, and the IMF’s estimate of 0.9 percent. Fitch welcomes the developments... with a 15-year issue in the region of 2 to 2.5 billion euros.
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Newsletter 239 -14/02/2020
at 2 percent. The Commission notes that based on the first three quarters available data, real GDP..., with the rise of those employed at 2 percent year-on-year, pushing the rate of unemployment down to 16.6... couple of days. 2 Jobs balance negative by 17,318 Year starts with negative balance typical
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After the tweetstorm - Tracing the course of #IStandWithGreece
Agoraactive account @mercina18, which was opened in March 2020 and only has 2 followers. Monday, March 1 highlights Source: Discovery & Analytics Monday, March 2 highlights Source: Discovery & Analytics..., who provided the most popular tweet on March 2, and was the most re-tweeted account on that day
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Newsletter 242 -06/03/2020
saying that the MoF was waiting to see how events played out first. 2 Unemployment drops to 16.3 pct... to households and non-financial corporations rose by 2 percentage points to 4.36 percent in January.... The overall weighted average interest rate on all existing loans dropped by 2 bps to 3.97 percent
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Newsletter 243 -13/03/2020
of debtors rose by 108,471 quarter-on-quarter (QoQ) to stand at 2 million. However, as noted by KEAO.... A smaller fall of 2 million euros was seen in social security funds, bringing the total 386 million... quarter in 2019 showed an increase of 0.5 percent. 2 Unemployment reaches 16.8 pct in Q4 Jobless rate
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GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomy2015, when there was a drop of 2 percent. Compared to Q1 in 2019, GDP shrank by 0.9 percent... QoQ and by 2 percent YoY. As mentioned, these movements led final consumption expenditure to fall..., a contraction of 4.7 percent is expected in 2020 compared to an estimated 2 percent GDP growth before
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Overall loan interest at 4.05 pct in April, hitting new series low
EconomyMacroeconomyweighted average interest rate on all existing loans dropped by 2 bps to 3.88 percent. The spread between existing loan and deposit rates fell by 2 bps month-on-month to 3.73 percentage points... percent, while the corresponding rate on loans to sole proprietors rose by 2 bps to 6.84 percent
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Newsletter 255 -26/06/2020
Kathimerini, the government is looking for 2 billion euros fiscal space so it can get back on track... to make these interventions. It will have to agree to a primary surplus target of less than 2 percent... in the first four months of the year and came to 1.9 million visitors. 2 Primary deficit at 4.80 bln in May
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