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  1. Privatisation plan inches along as groups express interest in DESFA
    Photo via www.desfa.gr

    EconomyProgramme

    has passed through four governments (PASOK, New Democracy, SYRIZA and two interim stints during... The revenues from privatisations in 2016 came to 500 million euros. For 2017, they are estimated... billion in 2017-2021. Revenues of 2.15 billion are estimated in 2017 and 2.07 billion in 2018, which

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  2. Greek households switch to natural gas in record numbers as winter approaches
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    during the financial crisis, despite a fall in overall energy use. Projections by the transmission... and Thessaloniki, and the Thessaly region. Deliveries of heating oil in October cost an estimated 4.3... gas are estimated at 40 percent. This year also saw the relaxation of the rules governing new

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  3. Retail sales drop by 1.7 pct in November, corresponding volume falls 2.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to stand at -54 points and retail trade confidence picked up to 2.3 points. During 2017, retail trade... percent compared to last year. December 2017 sales are estimated to reach 4.09 billion euros, from 4.03 billion in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion

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  4. Greece’s unstable and confusing tax system failing to deliver results
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according to 2016 data. During 2008-2016, direct taxes rose by 94 percent, while property tax revenues went from... costs for businesses in 2013 were estimated at 335 million euros, or 12.6 percent of the state’s

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  5. Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
    Photo via Fosphotos

    EconomyProgramme

    and ensure that an agreement can be reached ahead of the April 5 Eurogroup,” Breidthardt said during..., it is estimated that two to three weeks will be needed for some member states’ parliaments to approve... up, estimated at around 28 billion euros, to pay off at least some of its loans to the IMF early

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  6. Newsletter 208 -31/05/2019

    Newsletters

    about whether the party, which was formed during the crisis as an outlet for moderate voters who.... The General Accounting Office had estimated the total cost of the expansionary measures at 0.55 percent..., while the upward adjustment of widows’ pensions is estimated at 80 million. The Finance Ministry

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  7. Promises, promises
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    will have the space to fulfil its tax pledges. The conservatives claimed during the campaign that they can..., there was no Thessaloniki Programme, SYRIZA’s 2014 plan for addressing the crisis, which was estimated... will contain many of the pledges made by Mitsotakis on the campaign trail. It is estimated that the fiscal

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  8. Finance Ministry faces balancing act as it starts to draft 2020 budget
    Finance Ministry

    EconomyProgramme

    Greece’s lenders. During a press briefing on Tuesday, government spokesman Stelios Petsas said... earlier this year, the European Commission estimated that this year’s primary surplus would... government. Originally, it estimated that the scheme would shave 0.3 to 0.6 percent of GDP off

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  9. EU's temporary framework for state aid in response to Covid-19 outbreak

    Legal

    Framework, applied during the financial crisis in 2008/2009, which proved to be an efficient tool... with an estimated budget, and will not benefit from the temporary framework if it is granted... in the beginning of April. This measure applies to 500.000 employees and the cost is estimated at 400 million

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  10. Court ruling on pension backpay creates dilemma for PM
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . It will be something for the PM to mull over during the coming weeks and will no doubt involve checking... the government with an estimated bill of 400 million euros. Pensioners who have not appealed.... It is estimated that the total bill for backpay could reach almost 4 billion euros, which is slightly

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