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In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
Economyof 0.3 percent in 2016 and a strong rebound of 2.7 and 3.1 percent in 2017 and 2018 respectively... for imports, which are seen up 3 percent in 2017 and 4.2 percent in 2018. Following a better than... than expected revenue performance, mainly stemming from higher VAT revenues and corporate income
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Europe, the euro and a leader like Putin: survey reveals mixed views of Greeks in 2018
Societystrong, with 66 percent of respondents saying that for them personally, it would be better to stay...). Around 78 percent felt that economic reforms had done more harm than good to the development of the country. A strong majority (71 percent) also felt that the reform programme was an invention
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Institutions prepare for Athens return, completion of fourth review
EconomyProgramme” and that it is “more than doable” to reach an SLA by May 24. If this is the case, then there is still... for “strong and credible debt measures,” adding that “the more front-loaded and the less conditional... does not want to take up this option but he called for “strong post-programme arrangements.” He made
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Mitsotakis enjoys growing popular backing at home, as efforts intensify to defuse border crisis
PoliticsGreek Politicsborders, backed by strong popular support. While the previous weeks had seen the government in Athens on the receiving end of strong internal opposition for their handling of the migration crisis... to Turkey for the more than 3 million refugees currently living in the country. Hahn noted
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Markets buoyed by election result
Economyand policy stability and continuity. The Athens Stock Exchange had an impressive bounce of more than 6 pct... strong volumes. It is no coincidence that banks enjoyed an impressive session, with over 10 pct growth and some banks jumping by more than 15 pct, as the sector was until recently seen as a weak spot
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Iran war creates turbulence for Greek tourism outlook
EconomyFeaturessurge in bookings since the conflict began. Sales for the upcoming Easter period are 50% higher than... notes that Greece has entered 2026 with a “sound” banking balance sheet and a strong primary surplus... to energy shocks than its peers - an issue underscored by the recent rise in Greek bond yields. Financial
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Newsletter 228 -15/11/2019
, a full 0.5 percent lower than the government’s 2020 budget target, and 2 percent for 2021, with long.... A breakdown of amounts owed showed that 79 percent of debtors owe less than 15,000 euros each... turned negative in October with 125,668 more firings than hirings, data from the Labour Ministry’s
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The Greek crisis we don’t see
Agorahalf of 2008, has put enormous strain on Greek society. An increasing amount of Greeks are finding... disposable income has dropped by more than 30 percent since the crisis began. This has contributed to even... in their payments to the state, banks, social security funds or public utilities due to money shortages. More than
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Newsletter 203 -15/04/2019
scrapping the tax measure than there was regarding the pension cuts. In the run-up to the European... defeat next month, this would make the result of general election less of a foregone conclusion than... will be put to Prime Minister Alexis Tsipras for final approval. The government’s aim is to announce
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Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
EconomyMacroeconomy) in Q4, at a much slower pace than flash estimates (-1.9 percent) as well as the revised Q3... QoQ decline posted in Q3. In addition, Q4 GDP fell 1.2 percent YoY, less than half the drop of 2.6... percent in 2015, lower than the 0.7 percent indicated in flash estimates, while nominal GDP fell
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