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Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles
EconomyMacroeconomydebt sustainable. The MTFS revises the initial growth estimate for 2018 to 2 percent, from 2.3 percent
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Cabinet reshuffle expected to presage coalition's revival effort
PoliticsGreek PoliticsMinistry revised its estimate for when all the unpaid pensions would be settled. The new date given
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Newsletter 184 -23/11/2018
percent to 26 million visitors against an estimate of 30 million for this year by the Greek Tourism
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Primary residence talks continue amid uncertainty about draft legislation
EconomyProgrammeto the initial estimate, they account for 2 billion euros out of a total of around 11 billion euros
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Institutions warn of fiscal target being missed, reforms slowing
EconomyProgrammeestimate will have a fiscal cost of more than 1 percent of GDP in 2019 and beyond. These range from
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammeand out of the 10.5 percentage points rise in the debt-to-GDP compared to March estimate, 2.5
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IMF paper suggests shadow economy still thriving
EconomyFeaturesA working paper from the International Monetary Fund (IMF) on the shadow economy of Europe has shown that the phenomenon continues to persist in Greece. The paper aimed to note the drivers of the shadow economy in Europe and estimate its size. It found that the shadow economy mostly declined
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Banks gear up for 2020 stress tests as evaluation begins
EconomyBankingestimate. The adverse scenario expects deflation over the coming years that will reach, -0.5 percent
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Newsletter 242 -06/03/2020
the government’s estimate. This could create significant problems for the government to meet its fiscal targets
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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesThe Bank of Greece (BoG) has made its first estimate of the impact of the coronavirus on the property market in Greece while outlining the positive year enjoyed by the sector in 2019. In the 2019 governor's annual report, BoG analysts said that 2019 was a strong year for the Greek real estate
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