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GDP
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Fiscal data points to primary surplus of 4.4 pct in 2018, beating target of 3.5 pct
EconomyThe Hellenic Statistical Authority (ELSTAT), announced on Tuesday the fiscal data for the period between 2015 and 2018 in the context of the first Excessive Deficit Procedure (EDP) notification of 2019.
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IMF outlines areas in which Greece needs further reforms, where it should apply caution
EconomyProgrammeThe International Monetary Fund (IMF) issued on Tuesday its first post-programme report for Greece as part of the regular monitoring cycle of assessing policies and the country’s capacity to repay the Fund.
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GDP revision for 2017 points to slight improvement from initial estimates
EconomyMacroeconomyGreece’s Statistical Authority (ELSTAT) issued on Wednesday the second estimate of the national accounts for 2017 and the revised data for the 2015-2016 period according to the EU regulation of the European System of National and Regional Accounts ESA 2010.
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GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP grew by 0.2 percent quarter-on-quarter (QoQ) in the second quarter (Q2) of 2018, after an upwardly revised increase of 0.9 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday.
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Recent study issues warning over ageing population, future pension burden
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SocietyGreece is facing a demographic time bomb in the coming years due to its ageing population, a new study has shown.
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Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammeApart from its effect on the government’s cohesion and political outlook, the recent wildfire on the outskirts of Athens is also having an impact on the preparations for next year’s budget.
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Athens identifies drivers for growth as it draws up strategy for next years
EconomyOne of the integral parts of the final review of Greece’s third programme is a growth plan that the authorities will have to agree with eurozone partners and will act as the country’s own policy compass outside the regular supervision by official creditors.
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Rating agencies up Greece's scores, adding to positive outlook
EconomyThe latest round of rating activity for Greece by the three leading agencies left Greece with improved credit scores by all raters and sustained the positive outlook for the country’s prospects.
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GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP grew by 0.1 percent quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2017 after an upwards revised increase of 0.4 percent in the previous quarter, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Monday.
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Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
EconomyIn an unexpected move on Wednesday night, Moody’s was the latest ratings agency to upgrade Greece’s credit worthiness by two notches, to ‘B3’ from the ‘Caa2.’ maintaining the positive outlook.