Search
-
IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct
Economyof 0.1 percent of GDP in 2016, lower than the third eurozone bailout programme target of 0.5... of 0.7 percent of GDP, still remaining more than 1 percentage point lower than the programme target... decreasing to 174.8 percent in 2017. The latter stands 10 percentage points lower than that of the IMF
5% -
Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomy-than-targeted ENFIA revenue collection in September could lead to lower than initially estimated... in the 9-month period, 82 million lower than target. Overall, total expenditure slightly rose by 0.2..., also including military procurement of 145 million, 368 million lower than target. PIB PIB revenues
5% -
PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget
EconomyMacroeconomylead to lower direct and indirect taxes compared to the previous years’ figures as well as against... also reveals that the fiscal interventions included in the 2016 budget yielded almost 67 percent lower... that countries with much lower expenditure (as a percentage of GDP) record much better economic results
5% -
ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt
EconomyMacroeconomy(ELSTAT) on Thursday revealed a lower 2015 primary surplus and higher debt compared to the initial... million lower than the April figure of 1.1 billion (0.63 percent of GDP). According to ELSTAT... lower than the April estimate. Even after the downward revision by almost 0.5 percentage points
5% -
Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
EconomyMacroeconomyperiod, 145 million lower than target. Overall, net revenues rose by 9.3 percent to 40.07 billion... remaining 1.74 billion lower than the target. In a separate table, MoF revealed that the settlement... in October and by 2.1 percent in the January to October period to 38.51 billion, 2.37 billion lower
5% -
Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomyin the 9-month period, largely reflecting lower net transport receipts on the back of capital... year, travel receipts are expected to end up lower in 2016 from last year’s figure of 14.13 billion... lower at 2.5 percent. In contrast, Moody’s expects a softer GDP growth rate of 1.8 percent, while OECD
5% -
Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
Society, a figure lower than that in Moldova (24 percent), Ukraine (26.1 percent) and Armenia (30.5... in their country was better in 2016 than four years prior to the survey. Greece’s figures are radically lower than... of the population reads newspapers on a daily basis, a figure lower than the averages for southeastern
5% -
Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
EconomyMacroeconomy(by 1.82 billion) also supported by lower Public Investment Budget (PIB) deficit (by 258 million... in December, while edged up 0.7 percent for the whole year and stood at 48.87 billion, 355 million lower... million lower than target. As a result, PIB balance for 2016 recorded a deficit of 2.11 billion, from
5% -
An unfounded argument leaves Greece in limbo
Agoraregarding what is wrong with the current Greek programme. They asked for lower targets, a more realistic... demands, lower the fiscal target from 2018 and, with all parties on the same page, conclude the second... eurozone member states as reason for there being a reluctance to lower Greece’s primary surplus goal when
5% -
Newsletter 104 - 27/01/2017
billion) along with a lower public investment budget (PIB) deficit (of 264 million) and primary... of the waiver on Greek government securities, the lower haircut applied on ELA collateral... lower than that in Q3 2010. Moreover, household final consumption strongly rebounded by 5.5 percent
5%