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Fires cast growing shadow as new shipwreck probe is announced
PoliticsGreek Politicsof migrants travelling from Libya to Italy drowning in the Mediterranean, off the coast of Greece... are estimated to have lost their lives in the shipwreck. Another probe, this time initiated from
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New Democracy tries to win over voters with crackdown on bank charges, migration
PoliticsGreek Politicsapproach on migration in response to increased arrivals from Libya also comes at a time when New... of measures will be relatively painless for banks, costing an estimated 20-30 million euros, while
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Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates
EconomyMacroeconomy: The Greek government and the troika estimate a GDP rebound by 0.6 percent with BoG and Fitch Ratings... decelerating from the 3 percent drop posted in the third quarter, according to flash estimates... similar trend (low double-digit drop) over the past three quarters. ELSTAT’s latest flash estimates
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Rental subsidy rekindles political debate over housing crisis
PoliticsGreek Politics, parties will be encouraged to engage with voters as broadly as possible to ensure they can at least... in Greece. PASOK estimates that 40,000 homes could be made available over a 5-year period on low rent... properties held by banks and bad loan services as part of a push for these homes, estimated to number
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Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
EconomyMacroeconomymore than those in 2016. This estimate is due to be revised by the end of January and could...). The preliminary estimates for airline seat planning point to an increase of 19 percent for Greek regional
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Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
EconomyMacroeconomyby 1.6 pct, another ambitious estimate of investments of 14.4 pct, exports up by 4.9 pct and imports... that the forecast was ambitious as most of their estimates ranged between 2 and 2.5 pct. Most
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economyby half a percentage, from 2.3 percent in the previous official Greek estimate in the Stability Programme to 2.8 percent. At the same time, the estimate for this year’s growth is revised down to 2... in December. The growth estimate of 2.8 percent for next year is a substantial revision from
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesof the crisis - Greece’s political parties have forgone the opportunity to engage on their own terms.... It is estimated that this adjustment will result in an average pension reduction of 14 percent for around... to an estimated 20.6 billion euros in 2017. Funding by the state Public pension funds have run a deficit since
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Newsletter 148 -26/01/2018
, ultra-nationalist party. He suggested that New Democracy will no longer engage with the government... being most affected by the demonstration. Soon after an estimated 90,000 people gathered... horizon.” From January to August 2018, Greece’s financing needs are estimated at 10.7 billion euros
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Greece pinpoints flaws in Turkey's Aegean claims
PoliticsForeign Policya cut-off effect on the coastal projection of Turkey, towards Libya’s shores. Also, being on the “wrong... have a cut-off effect on the coastal projection of Turkey to the Libya’s shores. Athens believes... naval mission to Libya on March 31. The new operation is named after the Greek word for peace “Irini
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