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Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn
PoliticsGreek Politics. Banks estimate that up to 1.5 billion euros of loans will be frozen as part of the first package..., as the resignation of a second cabinet minister is widely expected to be followed by a reshuffle. Estimates... estimates, government officials see the fiscal cost of Daniel at 2.5 billion euros, while the economic
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Newsletter 487 - 05/12/2025
in the coming years. With the RRF in place until August 2026, next year’s growth estimate is 2.4%. However... markets and rating agencies - the macroeconomic estimates in the framework are cause for concern. When...% this year, but then stagnate around 8% over the following three years. This latest set of estimates
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RRF promise fades as growth outlook weakens
EconomyMacroeconomyin place until August 2026, next year’s growth estimate is 2.4%. However, this nearly halves to 1.3... - the macroeconomic estimates in the framework are cause for concern. When the RRF was first agreed... around 8% over the following three years. This latest set of estimates undermines the government’s
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economy’s estimate) f) reduction in the excise tax on heating oil (at 250 million versus zero by SYRIZA... calculations on the estimated cost of SYRIZA measures. The document also details the potentially... loans, which is estimated at 10 billion euros by MoF under a conservative scenario, which is 8
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Newsletter 266 -18/09/2020
. BoG has revised its forecast for Greek GDP, from 5.8 pct recession in its previous estimate, to 7.5... estimates for 9 pct recession this year and 6 pct growth in 2021, which suggests that Greece.... The report estimates that the support measures to date are broken down by 3.1 billion euros, or 1.9 pct
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OECD sees Greek recession continuing in 2014, slower recovery to follow
EconomyMacroeconomylower than its November forecasts. Although the 2014 estimate is in line with the EC projection... percent in 2015. The updated forecasts are marginally better compared to the previous estimates... in 2013. It should be noted, though, that OECD estimates are not comparable with those of the EC due
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Public sector capital stock in Greece and the Euro-19
Agorasector combined). To estimate the time series for general government gross fixed capital spending... for the euro-19 countries. Both lines are in percent of real GDP. The estimates of the respective capital... includes estimates of the public sector capital stock. Few governments in the world do
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomygrowth estimate in the final budget for 2022. Harmonized inflation is also significantly revised... inflation is 2 percentage points above the latest estimates, and a benign one where inflation is lower by 1 percentage point from estimates. In the adverse scenario, the growth rate drops by 1
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoracredit to the private sector declined by 3.9 per cent year-on-year. The pace of credit contraction... as NPLs (repayment delayed by more than ninety days) reaching 22.9 per cent. Such staggering NPL... and Irish Nationwide. The assets were acquired at a discount of roughly 60 per cent book value of banks
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Greece in 2014: The risks and opportunities of moving forward
AgoraEstonia took first honours in January 2011. Latvia accounts for 0.2 per cent of total GDP in the euro area and will be the poorest country in the single currency zone (measured in terms of GDP-per-capita... in this respect (more than 27 per cent of total official lending to Greece) – the question many ask
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