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  1. EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed

    EconomyMacroeconomy

    in the spring estimates. This moves the country from the worst-hit economy this year behind Italy, which.... In the previous estimates, Italy was seen contracting by 9.5 pct, Spain by 9.4 pct and France 8.2 pct. Overall, the Commission had to downward revise its estimates for the euro area and EU, with eurozone

    4%

  2. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    . The IMF estimates Greece going into a deep current account deficit of 7.7 pct of GDP, from a 2.1.... The Fund is broadly in line with the fiscal estimates of the Finance Ministry this year and for 2021, although there is some divergence in the debt level estimates that Athens does not see exceeding 200

    4%

  3. It's the hope that kills you
    Athens Airport metro

    Agora

    . Initially, there were very bullish, albeit entirely disconnected from reality, estimates in May..., these estimates are out of the window as the recession is seen in double digits and next year’s recovery at a more... the tourism season. Based on the latest available data and estimates, travel receipts will barely exceed 3

    4%

  4. Newsletter 296 - 14/05/2021

    Newsletters

    estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly... was interrupted by the pandemic. The Commission’s estimates assume the relief measures that have so

    4%

  5. Newsletter 335 - 15/04/2022

    Newsletters

    flexibility in extending support measures. The new estimates that will be incorporated... noted on TV yesterday that growth estimates are also revised to 3 pct, down from 4.5 pct before... campaign in 2023 offering more tax relief measures, which by some estimates require 2 billion euros

    4%

  6. IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    The International Monetary Fund (IMF) released its latest global macro and fiscal estimates... and by 2027 at 44.8 pct. Overall, the IMF is now aligned with the estimates of the Greek and European... with Russia. The official Greek estimates will be captured in the new MTFS that is due

    4%

  7. Incorporating impact of Ukraine war, EC revises growth forecast down to 3.5 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    substantial this year, it is revised down from previous estimates as the eurozone and the global... by the temporary measures in response to the high energy prices. The fiscal estimates assume that all pandemic... in supplementary pensions and bonuses. The latest Commission estimates are broadly in line

    4%

  8. How SYRIZA says it will fund its economic policies
    Photo by MacroPolis

    Economy

    programme was estimated by SYRIZA at 11.36 billion euros, of which 6.5 billion relate to the growth... and fuel smuggling. Estimated revenues are seen at 3 billion euros from the first year, yet SYRIZA... with estimated revenues of 3 billion in the first year. 4) Reallocation of 3 billion euros from

    4%

  9. What is SYRIZA planning to do with Greek banks?

    Economy

    programme with a total cost estimated at 11.4 billion euros. SYRIZA’s economic policies were... of any type of unpaid obligations to banks. The cost of capital for this entity is estimated by SYRIZA... enterprises (SMEs) and farmers. The estimated cost stands at 1 billion euros. In Thessaloniki, Tsipras

    4%

  10. Greek coalition sets out plans for public sector, wages and pensions
    Photo by MacroPolis

    PoliticsGreek Politics

    and unions rather than in one go. It is estimated some 300,000 Greeks earn the minimum wage. Instead... for pensioners earning less than 700 euros a month. It is estimated that these interventions will cost 850 million euros per year. The coalition has pledged to cover the pension funds’ deficit, estimated

    4%