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  1. European Commission says 2014 is a turning point for Greece as growth resumes

    Economy

    its GDP headline projections, its estimates on GDP components now show a slower drop in private.... Estimates for gross fixed capital formation were lowered to +4.5 percent this year (from +5.3 percent

    2%

  2. Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015

    Economy

    implementation of Economic Adjustment Programme (EAP) commitments, the EC has lowered its GDP growth estimates... front, the EC estimates primary surplus of 1.7 percent of GDP in 2014 with the headline deficit

    2%

  3. Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln

    EconomyMacroeconomy

    at the main Greek airports remained strong in January increasing by 30.2 percent. SETE estimates... updated estimates for 2015 tourist arrivals and revenues this week.

    2%

  4. A breakdown of the fiscal and structural reforms Greece hopes will unlock funding

    EconomyProgramme

    , MacroPolis understands that the Finance Ministry estimates the primary surplus could exceed 1.2 percent... estimates are also subject to the swift completion of negotiations between the Greek authorities

    2%

  5. Greek stock market loses 1.8 pct in week of mixed messages, Q1 results

    Economy

    in line with market estimates. OPAP's Q1 results showed net profit reached 58 million up 16.9 percent... increased by 22.2 percent to 93 million with both figures also beating analysts’ estimates

    2%

  6. Pension reform to be one of new government's toughest challenges in next weeks
    Photo by MacroPolis

    EconomyProgramme

    percent for supplementary pensions. The General Accounting Office (GAO) estimates this will result... will further lower their cost with preliminary estimates calling for a 15 percent average cut in existing

    2%

  7. Unemployment unchanged at 25 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    is consistently posted in the Aegean, at 18.4 percent in July. The latest estimates by the institutions... in the unemployment rate in 2015 and 2016. The absolute estimates stand at 25.4 and 25.8 percent

    2%

  8. EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    In its autumn economic forecasts published on Thursday, the European Commission (EC) revised its estimates on the Greek economy to take into account the uncertainty surrounding the bank holiday... in 2016. These estimates assume implementation of the agreed fiscal measures targeting savings

    2%

  9. Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
    Photo by MacroPolis

    EconomyBanking

    . The bank estimates a further reduction in staff costs by up to 6 percent to around 500 million... and assuming the macro consensus estimates are realised, the bank expects a positive bottom-line reflecting

    2%

  10. Bailout review to continue in Athens, lenders identify key tasks ahead
    Photo by EU Council Eurozone https://flic.kr/p/sspzHv

    EconomyProgramme

    indicating that the institutions have converged on their estimates regarding Greece’s fiscal gap... Commission (EC) had a lower figure of 3 percent. In addition, the government’s estimates were

    2%