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Newsletter 350 - 09/09/2022
fetch 80 pct of the 2019 receipts, a reliable reason to revise the estimate for this year’s growth... has a history of monitoring politicians, as well as other targets. Before the committee sat
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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... of the European System of National and Regional Accounts ESA 2010. The first estimate for 2017 was published... year-on-year, from a first estimate of 1.4 percent growth that was announced in March. Final
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OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
EconomyMacroeconomyThe OECD released on Monday its latest Economic Outlook, in which it significantly revised its growth estimate for Greece for this year to 3.8 pct, from 0.9 pct in the previous forecast last December. At the time, the OECD had pointed out that the recovery could be stronger if the support package
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European Commission leaves 2024 growth estimate of 2.3 pct unchanged
EconomyMacroeconomyThe European Commission left Greece’s growth estimate for 2024 unchanged in the latest winter forecast published on Thursday, expecting the Greek economy to grow by 2.3 pct. The forecast remains slightly more moderate than the 2.9 pct growth the Finance Ministry expects, on which it has based
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High expectations and landmarks on road to privatisations in 2018
EconomyProgrammein which HCAP is a majority shareholder, the review by HCAP of the boards of ELTA and OASA as well... of 4.56 billion euros in 2017-2021. Revenues of 2.15 billion were estimated in 2017 and fell short
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Reactions to reshuffle continue as government seeks fast track prosecution of former minister
PoliticsGreek Politics. On Monday, Deputy Energy Minister Nikos Tsafos came under fire from opposition parties over... to show understanding for some of Turkey’s claims in the Aegean make Tsafos unsuitable to hold such a sensitive post. Tsafos, who had previously served as Mitsotakis’s advisor on energy, was forced
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The "King of the North" seeking to heal a fractured kingdom
Agorainto national achievement remains to be seen. He has many doubters, but by giving up his mayoral post... splintered the electorate. Labour and the Conservatives together won just 36% of the estimated national vote
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Tsipras raises debt relief at UN but refugee crisis may prove more pressing issue
PoliticsForeign Policythe next few days, with an appearance at the Clinton Global Initiative’s annual meeting. Tsipras sat... by sea. Earlier this month, the International Organisation for Migration (IOM) estimated.... The influx of refugees from Syria, who are estimated to make up around two thirds of this year’s arrivals
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Court ruling on pension cuts could create new problem in talks, fiscal plans
EconomyProgrammepensions of a total amount of 2.07 billion and the remaining 277 million relates to supplementary... for pensions below the 700-euro limit. The government estimates that the cost of the partial reintroduction... to public coffers is estimated at 1.5 to 4.5 billion euros, depending on whether the restoration
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EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
EconomyMacroeconomyThe European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February... estimates assume the relief measures that have so far cushioned the blow on the economy will not be cut
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