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Newsletter 249 -08/05/2020
. Government spending, thanks to various support initiatives that the Commission estimates at 6.9... to -2.1 percent of GDP in 2021. Gross debt estimates by the Commission reach 196.4 percent of GDP... of the damage to the country’s key tourism sector. the estimated 700,000 workers employed in the sector. Among
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BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
Economycontracting by 10 pct this year, broadly in line with the Finance Ministry’s estimates included... government primary balance is expected at 7.3 pct of GDP, in line with Finance Ministry estimates... and any new ones which might be formed from the pandemic. It is estimated that after all banks
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Newsletter 307 - 10/09/2021
recent forecast. Before this week’s GDP release, the estimates of major international organisations... the more optimistic estimates of the private sector, which converged towards a consensus of above 5... in his speech at the Thessaloniki International Fair over the weekend. It is estimated that 1 percentage
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Govt finds devil is in detail for windfall tax on power companies
PoliticsGreek Politicsbeen deducted. The RAE report estimates that 5-20 pct of each supplier’s contracts could fall into this category. Early estimates floated in the media have suggested that the final amount could... fixed price contracts more than wipes out the estimated profits. Other companies are also said
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Govt puts focus on handouts, migration to take heat off surveillance affair
PoliticsGreek Politics. According to the last estimates by the Finance Ministry, the cost to the budget of absorbing the expected... the state. All in all, Finance Ministry estimates place the “pure” fiscal overperformance at 800 million... be supported out of an estimated 5.17 bln of tax overperformance achieved between January and July
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Return to investment grade overshadowed by flood destruction
Economyinvestments. DBRS endorses the Greek authorities estimates of 2.3 pct growth this year, as the investment..., with some initial estimates briefed by Greek officials seeing it more than 3x potentially reaching 2.5.... The area was three years ago again affected by floods and the fiscal cost was estimated at 800 million
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Greece - Some structural macroeconomic arithmetic
Agora. This explains why different institutions have different estimates of potential output and potential output...,” in their view, for the time being. These differences in potential output growth estimates are not innocent... and productivity. [2] The primary balance for 2023 is estimated at 1 percent, even though growth
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Greece moves closer to troika over fiscal gap, waits for response
EconomyProgrammeeuros but the overall impact on the economy would be materially negative. SETE estimates... ground on these demands. Pensions The second government intervention with estimated cost savings...) with estimated cost savings of 70 to 80 million euros. On the public sector, the government has proposed
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Conditions for Greek ECCL reportedly outlined in German document
EconomyProgramme, with the remaining 600 million in cash. Citing European Commission (EC) estimates, the German document reveals... of the current troika review. The estimated duration of the ECCL is 12 months. The amount provided... reforms will continue to be implemented. In addition, it is estimated that debt sustainability has
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Newsletter 15 - 13/02/2015
institutions and Greek government estimates of 0.6 percent. The slight growth in GDP bet troika... for Greek banks peaked to 124 billion in May 2012. It is estimated that the bulk of this collateral... at a significantly slower pace compared to those recorded in the week before the elections. It is estimated
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