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Greek economy surprises in Q3, eases by a marginal 0.5 pct
EconomyMacroeconomyStatistical Authority (ELSTAT) flash estimates displayed on Friday. The headline figure for Q3 indicates... flash estimates will be revised upon the release of provisional estimates on November 27, also taking... as well as the turnover indices for the service sectors. The flash estimates also showed GDP slipped
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Newsletter 34 - 10/07/2015
estimates for 2015. Even before the imposition of capital controls, the rating agencies were projecting... increasing the corporate tax rate from 26 to 28 percent, with estimated revenues at 260 million in 2016... on pensions, which means restoring previous cuts at an estimated cost of 1.5 billion euros. From what
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Greek tourism's long-term growth prospects are good, report shows
EconomyMacroeconomyto grow by 2.2 percent in 2016, with estimated international tourist arrivals at around 25 million. WTTC estimates arrivals will reach almost 38 million in 2026, generating expenditure of 23.3 billion...) in 2015 and is estimated to fall by 0.5 percent to 13.2 billion in 2016, according to the annual
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Time running out for Golden Visa as housing problems increase
Agoralast week, Piraeus Bank estimates that during the crisis some 197,000 new households were created, against an estimated 155,000 new properties built in the 2012 to 2022 period. This imbalance of roughly... focused on securing as much revenue as possible from the segment. An estimated 5.54 billion euros
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Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
EconomyMacroeconomy, the Hellenic Statistical Authority (ELSTAT) flash estimates revealed on Tuesday. The headline figure for Q4... it started to rebound in the next two quarters. ELSTAT said flash estimates are expected to be revised upon the release of provisional estimates scheduled on March 6 including updated figures for December
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economyspending, thanks to various support initiatives that the Commission estimates at 6.9 pct of GDP... months and the exposure to travel restrictions makes its estimates subject to downside risks as even a small extension of those restriction will have a disproportionately large effect on the estimates
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Troika returning to Greece but key decisions still months away
PoliticsGreek Politicsprovisions that should be amended or repealed. The Paris-based organization estimates the benefit... is how to cover Greece’s funding gap for this year, which is estimated to be 4.4 billion euros by the IMF, and then how much will be needed to finance the country in 2015/16. The IMF estimates
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Newsletter 3 - 14/11/2014
the troika reportedly estimates at 2.6 billion euros as it believes that the law passed last month... after 16 successive quarters of recession, according to the flash estimates published by the Hellenic... increases the potential revenue for the state. The government had reportedly estimated next year’s
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Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBanking. The bank estimates synergies of 10 million and positive liquidity of 0.3 billion due to the acquisition... Ahli Bank of Kuwait for a consideration of 150 million dollars. The bank estimates... cash buffer is estimated at 12 billion based on the current collateral valuation and haircut regime
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomy. The key macro assumptions and fiscal estimates in line with those agreed with the institutions in mid.... For 2016, GDP is expected to slip to 173.37 billion. Fiscal estimates The primary balance based on the Economic Adjustment Programme (EAP) methodology is estimated to show a deficit of 418 million
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