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  1. Greece braces for potential impact of coronavirus on key economic sectors
    Photo by MacroPolis

    PoliticsGreek Politics

    Theocharis estimates based on industry sources that the cancellation rate of Chinese bookings... referenced his French counterpart, who estimated the drop in French tourism at 30-40 pct... in economic activity. So far, it is estimated that 46 percent of departures from Asia to Europe have been

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  2. Greece's updated proposals to lenders and how they compare to previous efforts

    EconomyProgramme

    with estimated revenues at 350 million in 2015 and 800 million in 2016. This measure actually reverses... with estimated revenues at 135 million in 2015 and 270 million in 2016. This corresponds to a 1 percent... for supplementary funds from 3 to 3.5 percent with estimated revenues at 120 million in 2015 and 250

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  3. The measures Greece is proposing to secure troika's return

    EconomyProgramme

    with estimated revenues at 350 million. The Finance Ministry (MoF) acknowledges that this measure would seriously... at 2015 levels. Cost savings are estimated at 50 million euros for 2016 and 140 million for 2017. MoF.... Crosschecking of family allowances granted to pensioners, with estimated cost savings of 23 to 37

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  4. How big is the gap separating Greece and the institutions?
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    to this year since the new VAT rates will be effective from July 1. Apart from the total estimated... to 3.5 percent with estimated revenues of 120 million for 2015 and 250 million for 2016... tax on gross revenues of Video Lottery Machines (VLTs) with estimated revenues of 35 million for 2015

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  5. Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
    Photo by Panayotis Tzamaros/Fosphotos

    Features

    in by INSETE to land on the final estimated contribution of the tourism industry. The Foundation for Economic and Industrial Research (IOBE) estimated in 2012 that every euro generated directly by tourism...). This estimated the multiplier effect from each euro of direct tourism revenue to be 2.65. According

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  6. New Democracy tax pledges put spotlight on available fiscal space
    Photo by MacroPolis

    EconomyProgramme

    , averaging 22 percent. This will have an estimated fiscal impact of 580 million euros. New Democracy has.... This means that the fall in revenues will burden the 2020 budget. It is estimated that the cut... reduction from 24 to 20 percent the following year. The cost of the second reduction is estimated at 600

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  7. Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    percent drop in Q3, the Hellenic Statistical Authority (ELSTAT) flash estimates showed on Friday... in Q4. ELSTAT said flash estimates are expected to be revised upon the release of provisional estimates due on February 29, also incorporating the December data for balance of payments

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  8. Greece's latest GDP figures and what to expect for the rest of the year
    Photo by MacroPolis

    Agora

    The flash estimates released by the Hellenic Statistical Authority (ELSTAT) on Friday were... be noted that consensus estimates and Reuters poll were pointing to a 0.2 percent drop and 0.1... a higher Q2 GDP (and consequently H1) figure in absolute terms versus earlier estimates. Although

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  9. PBO sees just 2.7% growth this year, warns about private debt
    Photo by Panayiotos Tzamaros

    EconomyMacroeconomy

    , also updating its macro estimates for 2021. Following the extension of the lockdown into the full... for this year in Greece, Although the Finance Ministry’s estimates for 4.8 pct growth from the final budget... a revised figure of close to 3 pct. The PBO also provides a range of estimates, compared

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  10. Newsletter 290 - 26/03/2021

    Newsletters

    , also updating its macro estimates for 2021. Following the extension of the lockdown into the full first... for this year in Greece, Although the Finance Ministry’s estimates for 4.8 pct growth from the final budget... a revised figure of close to 3 pct. The PBO also provides a range of estimates, compared

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