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PM insists on 3 pct election threshold, unveils plans to entice diaspora voters
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis appears insistent that he has no plans to change the 3 pct... for entering Parliament will remain, as usual, at 3 pct” appears to remove one of the variables from... to gain more than 3 pct (ranging from 3.5 to 5.3 pct). Movement for Democracy is on 2.9 pct, with Niki
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomywere included in the draft budget that was tabled on October 3. Fiscal estimates The general... upward revised to 2 percent of GDP from 1.8 percent in the draft budget, above target of 1.75... anticipated impact of 2.45 billion relate to: 1) Income tax reform (716 million) 2) Change in rates
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Where is Odysseus? Part 2 - Uncertainty
Agoraretirement age was increased twice in Greece.[2] This increases the potential pool of labor... for immigration, within a certain interval.[3] The baseline scenarios of most demographers still maintain... reality, if fertility remains weak. For completeness, we also show in Figure 2 (above) what
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Does the EU Commission suffer from optimism bias? (Part 2)
Agorathat member states (strategically) adopt this scenario as their own (for which there is evidence[2... emerges when we take the added effort to turn on System 2, or “Slow Thinking,” based on analysis... “rationality” assumptions called “Prospect Theory.”[3] In chapter 23 of his book, called “The Outside View,” Mr
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Stability Programme sees improved growth, primary surplus above 2 pct from 2024
EconomyMacroeconomy. The primary balance rises above 2 pct of GDP next year, up to 2.5 pct of GDP by 2026, which is broadly... years in 2026. Interest payments also fall slightly from the 3 pct of this year to 2.6 pct of GDP.... It is now seen higher at 2.3 pct, and then it stays at 3 pct for two years, before 2.1 pct in 2026
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Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche
EconomyProgrammeincluding the prior actions needed for the disbursement of the next sub-tranche of 2 billion. The bill... retirement age limits gradually increase as of August 19 until January 1, 2022. 2) The minimum pension... to their social security contributions. 3) An additional penalty of 10 percent is imposed on early
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Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct
EconomyProgrammea primary surplus for 2015 in line with the Economic Adjustment Program target of 3 percent. Reforms As we... (225 million). 2) Other public revenue mobilisation with anticipated revenues of 480 million in 2015... (125 million). 3) Public finance management with targeted revenues of 380 million particularly from
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Economic sentiment slides by 3 pts in July to lowest in over a year, construction mood sours
EconomyMacroeconomyGreece’s economic sentiment (ESI) declined further by 3 points to 101.1 in July, after dropping... Expectations Indicator (EEI) came to 110.3 in July, from 110.8 in June. The EEI is up 2 points in the rolling... of the impressive recovery since the pandemic. Retail trade increased by 4.1 points to 3, turning
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Industrial production falls by 2 pct in February
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) declined by 2 percent in February after a 1.2 percent...). The seasonally adjusted IPI fell by 2 percent, and came to 94.63 for February. The aggregate... published by the European Commission showed that in the year to date, industry confidence improved by 3
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GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomyto 2.7 percent year-on-year (YoY), from a 2 percent YoY rise in Q1. The quarterly movements in Q2... components recovered. Final consumption increased by 2 percent YoY, while investments also increased... trajectory expected to remain stable in the coming years, growing by 3 pct in 2024 and 2.7 pct
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