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  1. Tsakalotos and Stournaras raise objections to IMF assumptions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    , with the primary surplus estimated at close to 2 percent of GDP, is not incorporated in the IMF’s... BoG has estimated that the achievement of non-performing loan (NPL) reduction targets will further

    3%
  2. Greece forced to revisit prickly subject of pension spending to conclude review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    included the phasing out of the solidarity grant (EKAS) with estimated savings of 0.4 percent of GDP..., with estimated savings of 0.75 percent of GDP. This would mean the majority of the personal difference being

    3%
  3. NBG records net profits of 73 mln in Q4, turns profitable for whole year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    of a voluntary retirement scheme last December is estimated to yield savings of 60 million. Impairment losses... capital actions are estimated to enhance capital ratios by 200 bps, with half of this improvement

    3%
  4. Another privatisation goal ticked off as 600 mln offer secures Athens airport concession
    Photo by Vassilis Asvestopoulos/Fosphotos

    Economy

    revenues from AIA’s income tax are estimated to reach 1.47 billion. Moreover, an additional amount... authorities as well as ratification by Greece’s Parliament. The economic closure is estimated by the end

    3%
  5. Newsletter 121 - 02/06/2017

    Newsletters

    for the 20-year period. Revenues from AIA’s income tax are estimated to reach 1.47 billion... Parliament. The economic closure is estimated by the end of the year. The pace of credit contraction

    3%
  6. Privatisation plan inches along as groups express interest in DESFA
    Photo via www.desfa.gr

    EconomyProgramme

    The revenues from privatisations in 2016 came to 500 million euros. For 2017, they are estimated... billion in 2017-2021. Revenues of 2.15 billion are estimated in 2017 and 2.07 billion in 2018, which

    3%
  7. Greek households switch to natural gas in record numbers as winter approaches
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    and Thessaloniki, and the Thessaly region. Deliveries of heating oil in October cost an estimated 4.3... gas are estimated at 40 percent. This year also saw the relaxation of the rules governing new

    3%
  8. Retail sales fall for second straight month in Oct, with 0.8 pct decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and beverage, books and toys. December sales are estimated to reach 4.09 billion euros, from 4.03 billion in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion

    3%
  9. Piraeus Port Authority lays out major development plans
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    Piraeus Port Authority (PPA) on Monday unveiled its ambitious 10-year investment plan, involving an estimated 500 million euros in investments. The plan, titled “Master Plan of the Port of Piraeus... cruise ship terminal will be able to accommodate six cruise liners and bring in an estimated 580,000

    3%
  10. Newsletter 148 -26/01/2018

    Newsletters

    being most affected by the demonstration. Soon after an estimated 90,000 people gathered... horizon.” From January to August 2018, Greece’s financing needs are estimated at 10.7 billion euros

    3%