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Newsletter 272 -06/11/2020
reported on Wednesday that the Finance Ministry is revising its estimates for recession this year... a new national lockdown. The estimates for 2020, and potentially the carry-over effect next year, do..., although the recession for 2020 is left unchanged at 9 pct, the estimates for next year’s recovery have
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Finance Ministry grapples with escalating cost of pandemic
Economyestimates are already looking dated. In Monday’s announcement, the current cost was put at 2.4 billion... the initial estimates to 3 billion euros for the first four months of the year, by adding 500... Nea reported on Wednesday that the Finance Ministry is changing its estimates on a weekly basis
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World Bank sets out savings Greece can make from streamlining welfare benefits
EconomyProgramme, the report notes that those fiscal savings’ estimates are upper bounds as households would be likely... of the gradual nationwide roll-out of the GMI scheme. Its cost is estimated at 0.5 percent of GDP... potentially be rationalised, reformulated or consolidated. Those benefits are estimated to amount to 1.79
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Hotel owners sound warning over Thomas Cook revenue losses
EconomyFeaturesmultiplier effect is added in, which estimates that for every 1 euro of tourism revenue generated... stemming from the collapse of Thomas Cook were estimated at 315 million euros. Out of the total, 138.2... other than hotels partnered with Thomas Cook were estimated at 114.1 million, and those from
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Newsletter 222 -04/10/2019
million for the wider industry. When the tourism multiplier effect is added in, which estimates... estimated at 315 million euros. Out of the total, 138.2 million euros relate to pre-collapse amounts, and 52... estimated at 114.1 million, and those from airport arrivals stood at 10.4 million. The loss
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Coalition seeks to quash concerns about complications with Hellenikon development
PoliticsGreek Politics. Lamda estimates the project will create 10,000 direct jobs, while at its full development... argued that the 915-million-euro winning bid was much less than the state should have secured
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EU elections in Greece: Applying a different scale of values
Agoraprimary surplus target of 3.5 percent of GDP this year. The government estimates their fiscal... of Mitsotakis’s success, both in gaining control of his party and winning the European elections, has been
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Mitsotakis promotes constructive role as talks over electoral process continue
PoliticsGreek Politicsto the government’s estimates, making it a potentially significant factor in the next elections... the electoral law so that the proportional representation system (no bonus for the winning party) does
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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicsto be published within the first half of the year. Estimates of the total cost of the claims range from 4.2... will apply from January 1, are seen by the government as ways of securing or winning over the support
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Newsletter 259 -24/07/2020
and employment. It repeated its previous estimates that GDP is set to shrink by between 8 to 9.8 percent... plan on the recommendations made by the committee of wise men led by Nobel Prize-winning Greece is set
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