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OECD sees recession in 2015-16, stresses need for reform implementation
EconomyMacroeconomyits jobless estimate for 2016 was kept broadly unchanged at 24.8 percent. Greece will remain...In its latest economic forecasts published on Monday, OECD revised downward its GDP estimates... previous estimates in early June, the OECD projected a growth of 0.1 and 2.3 percent respectively. The OECD
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S&P highlights risks for Greek banking sector
Economy2017. The rating agency reiterates its estimate for zero GDP growth in 2016 and strong rebound of 3... during the crisis weigh on Greek banks’ financial profiles. The rating agency estimates banks’ non... by the end of 2017. S&P estimates that credit losses will continue to exceed pre-provision income
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IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct
Economypercent and Greek government’s estimate of 0.63 percent. For 2017, the IMF estimates a primary surplus... outlining its fiscal estimates. It is worth noting that the fund had not updated its fiscal... tabled on Monday, the Greej Finance Ministry estimates debt to GDP ratio at 178.9 percent in 2017
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economyrecession in its previous estimate, to 7.5 pct. This is in line with the European Central Bank’s estimates and is based on the latest official data from ELSTAT, which sees Greek GDP dropping by 7.9 pct... Stournaras presented the central bank’s updated estimates regarding the impact of the pandemic
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A summit of little substance
Agoracertain red lines with a potentially negative impact on her electoral campaign. Following... candidates and the choice of president, as Chancellor Merkel insisted at her press conference after
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SYRIZA stumbles again on way to May elections
PoliticsGreek Politics. Her candidacy provoked a reaction in the Muslim minority because she favours Roma children attending Greek rather than Turkish-speaking schools. The leftists replaced her with a candidate from
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Public deficit and democratic duty
Agorain the European Parliament elections in May. Her party took just 3.4 percent of the vote and Georganta was not elected. Last month a prosecutor recommended that the case against her former boss
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Value of HFSF participation in Greek banks falls to 17 billion
EconomyBanking, which is in excess of 11 billion euros, could be utilized,” the report notes. In her interview with Kathimerini, Sakellariou underlined her belief that any additional capital needs that might arise
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