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  1. Budget primary surplus confirmed at 6.95 bln in Nov
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion. During the first 11 months of the year, total expenditure came to 46.51 billion, landing below... monthly primary balance’s surplus showed an increase of 27.9 percent. The MoF estimates in its latest... estimates contained in the 2020 budget, the budget balance is expected to land at 3.55 billion at the end

    2%

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

    EconomyMacroeconomy

    on movement are expected to be fully reflected during the second quarter, affecting both domestic demand... 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

    2%

  3. 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

    performance. In the Fiscal Monitor, Greece’s considerable spending during the pandemic is captured along...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

    2%

  4. Here's why Greece's fiscal difficulties will dominate the agenda

    EconomyProgramme

    during the presentation of the government’s policy programme, Alternate Finance Minister Dimitris... billion for the whole year. In addition, revenues are back-loaded, since H1 revenues are estimated... was based on the notional rather than the estimated ENFIA revenues. This means that the new tax would bring

    2%

  5. Greek 2017 budget reveals size and source of extra tax burden
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    optimism for 2017 revenue collection reflects the tax revenue performance during 2016 coupled...The 2017 budget tabled in Parliament on Monday revealed that the bulk of the estimated incremental... million (27.3 percent) and a rise in the excise tax on fuel products, which is estimated to bring

    2%

  6. Calls for measures to lessen impact of Thomas Cook collapse in Greece
    Athens Airport

    EconomyFeatures

    notable losses during what should have been a high-income season for them. Grigoris Tassios, head... disruption. Theoharis estimated that roughly 22,000 tourists were expected to return home... largest companies and the world’s oldest travel companies impacted an estimated 500,000 holidaymakers

    2%

  7. Study calls for sweeping reform of Greek healthcare system

    Society

    . At the same time, spending on healthcare during the crisis years declined substantially. Between 2009... at, though the study estimated that it could be as high as 20 percent of the household budget, a level... 5.2 days, the lowest in the EU. Up to a third of emergency room cases are estimated

    2%

  8. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    of 3.79 billion on a yearly basis. The reported positive balance during the first eight months of 2013... years. Latest BoG estimates (released in the end of May) called for a C/A deficit of 3 percent of GDP in 2013 and around 2 percent in 2014, while the IMF’s more updated estimates stand at 1.0 and 0.5

    1%

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

    Economy

    in disposable income and the use of precautionary savings held outside banks during the crisis years. Estimates for gross fixed capital formation were lowered to +4.5 percent this year (from +5.3 percent... its GDP headline projections, its estimates on GDP components now show a slower drop in private

    1%

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

    EconomyMacroeconomy

    to 208 million reflecting increased residents' travel abroad, mainly during the Christmas period... 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.

    1%