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Newsletter 2 - 07/11/2014
, with the troika sticking to its initial estimate of 2 billion. Although the Greek Finance Ministry... of the month to pay the 1.6 billion euros due to the IMF. Given the history of the Greek crisis... (HFSF) could be used as a precautionary credit support line. That amount – reportedly estimated north
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Newsletter 17 - 27/02/2015
. The flash estimate on February 13 had put the contraction slightly lower, at 0.2 percent. The year... Alekos Flambouraris indicated that the government might indeed be unable to pay the IMF in full... specific forecast regarding the country’s macro outlook in 2015, although two months ago he had estimated
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Newsletter 221 -27/09/2019
that this could bring in 200 million of annual revenue from the commission that banks will pay... with the European Commission’s current estimate of 2.2 percent growth, and 2.1 percent for this year... will be hit particularly hard. The Greek Tourism Confederation (SETE) estimated that the economic losses
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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeatures, with borrowers falling behind on their repayments or deemed as being unlikely to pay. Several years down... estimate that as many as 30 pct of residential properties currently scheduled for auction could qualify... residential loans. The January 2021 Financial Stability Review from the Bank of Greece estimated
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Revised GDP data shows recession for 2016, higher growth in 2014
EconomyMacroeconomyAccording to the Hellenic Statistical Authority’s (ELSTAT) second estimate for the 2016 Annual... an initial estimate of 0.1 percent growth. ELSTAT also revised the national accounts for the years... compared to an initial growth estimate of 0.6 percent. Expenditure of households dropped by 0.1 percent
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyof the flash estimate. All key GDP components fell QoQ. The most significant drops were seen... 2015, the Hellenic Statistical Authority (ELSTAT) provisional estimates showed on Monday. The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released
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EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
EconomyMacroeconomyadjustments for the Greek growth outlook from the previous estimate in May. The Commission for 2024 sees... in 2025, falling below the 2 percent threshold in 2026. In the estimates in May, inflation for 2024..., dropping to 9.8 percent next year and 9.2 percent in 2026. This is broadly in line with the estimates
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PM briefs EU leaders on migration stance as Turkey tries to pin blame on Greece
PoliticsForeign Policythat Turkey has usually interpreted it. Libya There is a possibility of a ceasefire in Libya within the next.... But, according to government spokesman Steffen Seibert, Merkel told Haftar that the situation in Libya... that will take place in Libya's international waters aiming to preserve the UN arms embargo. The new
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Amid lack of communication, overflights add to Greek-Turkish tension
PoliticsForeign Policyon the sidelines of NATO Summit, in London in early December. Libya concerns Athens is also closely monitoring Turkey’s efforts to enhance and stabilise its presence in Libya, supporting the UN-recognised government in Tripoli. According to press reports, Turkey maintains five frigates closely to Libya
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Athens assessing lay of land as Cyprus talks approach and UK seeks new role
PoliticsForeign Policy-Cypriot sides have many issues to consider ahead of new Cyprus talks. Libya developments Greece... and the Prime Minister of Libya by the Libyan Political Dialogue Forum in Geneva. A statement released... and the Government of National Accord of Libya, in Tripoli. As a diplomat, Menfi served the regime
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