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Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
EconomyProgrammein Brussels on Monday, a senior eurozone official confirmed that the Eurogroup is set to rubber... agreed investments.” The eurozone official speaking in Brussels on Tuesday said that Greece’s request.... The eurozone official told journalists on Tuesday that detailed technical discussions are needed
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Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
EconomyMacroeconomyofficial forecasts published by the European Commission (EC) in early May called for a rise in (real... on the back of structural reforms. Exports Exports of goods and services contracted for the second consecutive quarter by 0.6 percent QoQ from 1.6 percent in Q4. This was mainly led by export of services (-1.7
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Newsletter 157 -30/03/2018
reported this week that an unnamed European official has suggested a final agreement on the review, debt.... The official put the potential delay down to the fact that the Greek government is behind schedule... the completion of the fourth review, on June 21 despite the European official’s comments. Finance Minister
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New obstacle for privatisations as court blocks sale of water firm
Economygood necessary for survival, according to the ruling. The company’s last official filling showed HRADF... and sewerage services in the greater Athens area through a 20-year concession agreement with the Greek state... continue to supply affordable and high quality services when it is not under public scrutiny
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomyand increased taxation. The most updated official forecasts released by the European Commission (EC... estimated for 2014. Exports Exports of goods and services dropped 1.3 percent QoQ for the first time after three consecutive quarters of improvement. This was mainly led by exports of services which
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Fraport reveals airport plans as major privatisation overcomes obstacles
Economyairports ahead of the official delivery of the airports and following the implementation of most... on February 23 for the provision of fire-fighting services at the regional airports, with Fraport being responsible for the provision of those services either directly or through a contracted professional
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Newsletter 145
they are due to head home. However, the official reportedly said that Greece needs to stick... (+9 percent) to 2.44 billion. The services balance increased by 17 percent for the month of October... in the overall services balance. The travel balance showed an increase of 18.2 percent to 995.6 million
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Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
EconomyMacroeconomyfor the Greek economy. According to the Finance Ministry’s latest official estimates included... by 2.5 percent and imports rose by 5.8 percent. The export rise was led by an increase in services... was due to a 7.6 percent rise in services and 5.6 percent in imports of goods. Compared to Q2 2021
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GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
EconomyMacroeconomyfor the Greek economy. According to the Finance Ministry’s latest official estimates included... and imports also dropped by 0.3 percent. The export drop was led by a decrease in services exports, which... percent rise in services and 1.1 percent decrease in imports of goods. Compared to Q3 2021, all
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Newsletter 392 - 08/09/2023
, however, say that the lack of explicit condemnation for his statements amounts to official backing... that aside from exports of services, essentially tourism, the rest of the GDP components have... the property market for now. Also, Greece’s services-based economy usually has a lag over more industrial
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