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Greek economy surprises in Q3, eases by a marginal 0.5 pct
EconomyMacroeconomyStatistical Authority (ELSTAT) flash estimates displayed on Friday. The headline figure for Q3 indicates... flash estimates will be revised upon the release of provisional estimates on November 27, also taking... as well as the turnover indices for the service sectors. The flash estimates also showed GDP slipped
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Time running out for Golden Visa as housing problems increase
Agoralast week, Piraeus Bank estimates that during the crisis some 197,000 new households were created, against an estimated 155,000 new properties built in the 2012 to 2022 period. This imbalance of roughly... focused on securing as much revenue as possible from the segment. An estimated 5.54 billion euros
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economyspending, thanks to various support initiatives that the Commission estimates at 6.9 pct of GDP... months and the exposure to travel restrictions makes its estimates subject to downside risks as even a small extension of those restriction will have a disproportionately large effect on the estimates
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Troika returning to Greece but key decisions still months away
PoliticsGreek Politicsprovisions that should be amended or repealed. The Paris-based organization estimates the benefit... is how to cover Greece’s funding gap for this year, which is estimated to be 4.4 billion euros by the IMF, and then how much will be needed to finance the country in 2015/16. The IMF estimates
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Newsletter 3 - 14/11/2014
the troika reportedly estimates at 2.6 billion euros as it believes that the law passed last month... after 16 successive quarters of recession, according to the flash estimates published by the Hellenic... increases the potential revenue for the state. The government had reportedly estimated next year’s
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingestimates CoR to land at 140 bps for the whole year. Cumulative provisions marginally fell to 17.31.... Based on current collateral valuation and haircuts, Piraeus estimates its ELA collateral buffer... in the departure of around 1,000 full-time employees with the annual benefit estimated at 40 million
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Newsletter 97 - 25/11/2016
(440 million). On the expenditure front, the budget estimates net savings by social security... and funding. The rating agency estimates that banks’ non-performing exposure (NPE) ratio will decline to 40... and 2018. In specific, the primary surplus is estimated to reach 1.09 percent of GDP this year and 2
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Travel balance up by 81.4 pct in November, foreign arrivals increase
EconomyMacroeconomyvisitors, meaning that according to BoG at least, 2017 is set to exceed SETE’s estimates. Furthermore.... These estimates are also supported as being on track for 2017 by BoG.... projections, foreign arrivals are estimated to rise by 1.2 million or by 4.8 percent to 26 million
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Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
EconomyMacroeconomy’s estimates. Furthermore, travel receipts were foreseen to increase by at least 1 billion and range... surpassing estimates..... According to SETE’s projections, foreign arrivals were estimated to rise by 1.2 million or by 4.8 percent
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Turnover in tourism sector up 7 pct in Q4, increasing by 9.9 pct in 2017
EconomyMacroeconomyto BoG, tourism figures for 2017 have exceeded SETE’s estimates. Furthermore, travel receipts were... of 14.6 billion euros across the year, slightly surpassing estimates.... estimated to rise by 1.2 million or by 4.8 percent to 26 million in 2017. In total, the BoG figures
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