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  1. Final decision on 2019 fiscal measures still a few weeks away
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    The first step in the process of deciding whether Greece will have to implement next year fiscal measures worth 1 or 2 percent of GDP is due to be taken on Friday, with the International Monetary..., according to most forecasts, to expand by at least 2 percent. The institutions, though, will want

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  2. Newsletter 157 -30/03/2018

    Newsletters

    Greek soldiers being held by Turkey properly. 2 Economic sentiment at 99.8 pts in March Sentiment... declining by 2 points to -53 in February. Consumer confidence is one of the most improved sentiment

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  3. New overdue taxes jump by 2.01 bln in Feb, total stock climbs to 101.12 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt jumped by over 2 billion euros in February, growing sharply from an increase of 766 million euros in January, data from the Independent Authority of Public Revenues (IAPR... rose by 2 billion.. New unpaid obligations from tax categories rose by 1.91 billion, overturning

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  4. Debt, fiscal path still divide lenders ahead of Washington Group meeting
    Photo by IMF https://flic.kr/p/zBf1FT

    EconomyProgramme

    , the Europeans seem to prefer one just over 2 percent. There is also the matter of defining the post... on these issues. The Fund’s outlook for the Greek economy sees growth in real terms of 2 percent in 2018

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  5. Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million. The breakdown of the inbound traveller flows showed that German visitors fell by 2 percent, while... those from the UK fell by 2 percent. Among non-EU countries, receipts from Russian visitors fell

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  6. Newsletter 159 -27/04/2018

    Newsletters

    this year compared to last year, though the average amount payable has declined year-on-year. 2... expenditure came to 9.45 billion euros, very slightly below target by 2 million euros. Net revenues

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  7. Athens and creditors place immediate focus on remaining key deliverables
    By Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    and structural reforms; (2) a clearer view of financing beyond the Third Programme (3) material... to some combination of: (1) a lack of cooperation between Greece and its institutional creditors; (2

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  8. Lower yields for short- and long-term borrowing boost Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    There was a promising start to May for Greece’s debt management agency (PDMA) as interest in its T-Bills rose and borrowing costs dropped in the two issues it auctioned successfully on May 2 and May... a declining path. The cost of borrowing for the 6-month bills had dropped to 2 percent at the end

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  9. Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles

    EconomyMacroeconomy

    debt sustainable. The MTFS revises the initial growth estimate for 2018 to 2 percent, from 2.3 percent... growth of 2 percent during the period is not just an optimistic forecast. As result, the Council makes

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  10. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    to limit the rise of pension expenditure to 2 percent of GDP over the long term (2010-2060). It raised... the top 2 percent of pensioners actually experienced cuts of 40 percent or more. Since 2013, detailed

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