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Opposition tries to pin government down over last year's Plan X
PoliticsGreek Politicswith the so-called Plan X that former Finance Minister Yanis Varoufakis worked on during the first half... a range of government officials, Plan X was never intended as a blueprint for Greece to follow... an institutional role. The government’s assertion that Plan X does not hide any dark plans
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Are Chinese investments starting to hit a wall in Germany?
Agora.[x] The rapid growth of Chinese outbound investment in recent years has raised awareness in host... Volkswirtschaft um? Berlin, January 2019. [x] See: Bershidsky, Leonid: “Germany Enters the Global...: ‘Alle Wege führen nach China’, in: Süddeutsche Zeitung, 22nd February 2018. [ii] See: ‘Chinesen greifen
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Newsletter 131 - 8/9/2017
increase in the purchases of goods and services and a 121 million euro increase in subsidies. Arrears
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 131 million euros from continued operations in the first quarter (Q1) of 2019, gaining on the profits of 8 million euros reported in Q4. The figure for the same quarter last year stood at a profit of 25 million euros. Factoring in discontinued
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General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
EconomyMacroeconomyby 306 million while subsidies rose by 131 million. In total, social benefits accounted for just over..., arrears have increased by 1.27 billion, with the majority of this stemming from tax refunds (+888 million
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Debt relief discussions continue as clock ticks down to June 21 Eurogroup
EconomyProgrammeof Greece’s EFSF loans (the 131 billion lent as part of the second bailout) will be extended... next week is different from the scenario published in another German newspaper, Suddeutsche Zeitung... the cash buffer. Under the scheme set out in Suddeutsche Zeitung, Greece might be able to ask
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Newsletter 166 -15/06/2018
(the 131 billion lent as part of the second bailout) will be extended by a minimum of three years... is different from the scenario published in another German newspaper, Suddeutsche Zeitung a few days earlier... disbursement. Under the scheme set out in Suddeutsche Zeitung, Greece might be able to ask for a larger
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Greece steps up efforts for early bailout exit but lenders play it coy
PoliticsGreek Politicsseeking early elections appear to have a much more straightforward task. They need 121 MPs to oppose the coalition’s candidate. On Friday, 131 MPs voted against the government in the confidence ballot.
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Primary cash surplus at 7.45 bln in April on revenue growth, lower expenditure
EconomyMacroeconomy. Compared to the same time last year, expenditure for the month fell by 131 million to 3.47 billion... Investment Budget (PIB) balance fell into a deficit of 121 million euros compared to a surplus
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Reflections on Greece's balance of payments
Agora: consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign
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