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Newsletter 392 - 08/09/2023
. According to an estimate from the National Observatory of Athens, 72,000 hectares of land has been... tourism that will boost the traditionally strong Q3, it is believed that the estimates of 2.3 pct... policies, which pushed up interest rates by more than 400 basis points, it is estimated that one more
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Newsletter 435 - 04/10/2024
once again to revise down its growth estimate for this year to 2.2 pct, when in the final 2024 budget... growing by 6.7 pct this year. Real GDP growth estimates also moderate further from 2027, when... years is due to receive some sizable military orders estimated at 4 billion euros for warships
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Mitsotakis makes new bid to break deadlock with farmers as govt ponders relief measures
PoliticsGreek Politicsas the government grapples with farmer protests and broader cost‑of‑living pressures. In the vote estimate..., the Finance Ministry is taking a conservative stance and estimates that there is fiscal space of 800 million euros for next year, with the emphasis on the self-employed and tax on rents. It is estimated
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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomythe economy to grow by 0.6 percent this year. After today’s flash estimate and revisions, this means... the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9... the initial estimates of 19 million visitors in spite of the decline in visitors from Russia
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OECD sees recession in 2015-16, stresses need for reform implementation
EconomyMacroeconomyits jobless estimate for 2016 was kept broadly unchanged at 24.8 percent. Greece will remain...In its latest economic forecasts published on Monday, OECD revised downward its GDP estimates... previous estimates in early June, the OECD projected a growth of 0.1 and 2.3 percent respectively. The OECD
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S&P highlights risks for Greek banking sector
Economy2017. The rating agency reiterates its estimate for zero GDP growth in 2016 and strong rebound of 3... during the crisis weigh on Greek banks’ financial profiles. The rating agency estimates banks’ non... by the end of 2017. S&P estimates that credit losses will continue to exceed pre-provision income
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economyrecession in its previous estimate, to 7.5 pct. This is in line with the European Central Bank’s estimates and is based on the latest official data from ELSTAT, which sees Greek GDP dropping by 7.9 pct... Stournaras presented the central bank’s updated estimates regarding the impact of the pandemic
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The key points from Greece's proposal to lenders
EconomyProgramme). For 2017-19 the privatization proceeds are estimate at 2.12 billion, yet the bulk (1.59 billion... at 1.06 billion in 2015 5) Tax on television advertisements with estimated revenues at 100 million... for the collection of revenues related to automobile ‘KTEO’ fines and uninsured vehicles (estimated revenues at 120
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesavailability of long-term rentals. According to one estimate published by rental platform.... It is estimated that the golden visa programme attracted upwards of 2 billion euros of foreign investment.... Over the period June 2018-May 2019, a study by the tourism industry association INSETE estimated
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Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomywas 0.3 percentage points better than the flash estimate released a month ago indicating a 2.6 percent... worse than the 3.7 percent indicated in flash estimates. GDP contraction in 2012 was also revised... the 4-percent mark forecast by the Greek government and latest European Commission estimates published
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