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A sudden turnaround that could lead to sharp shock
Agoraby a developed economy in modern times: 9.1 pct in 2011. A further 7.3 pct was lost in 2012. The cycle... in Europe. The domestic media went as far as suggesting that growth could surpass the government estimates..., puts 4 billion euros of GDP at risk. In terms of GDP estimates, some of this collapse of economic
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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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Newsletter 40 - 28/08/2015
. The upcoming elections will be one of the most difficult to read in modern Greek history due to the high... estimates. The unemployment rate is expected to be 26.9 percent in 2015, edging up to 27.1 percent
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Mitsotakis unveils industrial energy package as Tsipras and Samaras take aim
PoliticsGreek Politicsof living were, he said, the work of “modern‑day Marie Antoinettes”. Tsipras repeated his insistence... ahead of the speech, and at around half the 200 million euros that market estimates put on full
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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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An issue of statistical significance in Greece
Agorain the country’s modern history. Even as early as May 2009, the budget’s unrealistic projections were... of Costas Karamanlis submitted the 2009 budget to Parliament. It estimated growth of 5.9 percent of GDP
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Come back Cleisthenes, all is forgiven
Agoraa left dangerous legacy for its modern version. Since Cleisthenes, too many Greek politicians... that estimated growth of 5.9 percent of GDP and a state deficit of 8.8 billion euros or 3.4 percent
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Political tremors shake Spain, overshadow economic progress
Agoraa modern couple, with two daughters, and have long dodged any gentrified attitude. They have maintained... percent of GDP. The needed adjustment has been estimated at nearly 13 billion euros. In this context
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammerange of reforms for the domestic market to become more modern and competitive including reduction...) and the huge stock of pending pensions, which have an estimated cost in excess of 2 billion. Non
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