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Newsletter 119 - 19/05/2017
estimates for 2017. The budget primary surplus (on a modified cash basis) for 2017 was upwardly revised... with further increases in the limit for overseas money transfers. 2 GDP edges down in Q1 ELSTAT flash estimates..., Hellenic Statistical Authority (ELSTAT) flash estimates revealed. Albeit marginal, the Q1 headline
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Draft budget sees stronger growth, fiscal targets being met
EconomyMacroeconomy) is estimated to increase by 1.1 percent, following a 1.2 percent rise in 2017. Fiscal estimates... draft budget, which contains its fiscal estimates as well as the underlying macro assumptions. The MoF... effects into 2018. The draft budget estimates that GDP will grow by 1.8 percent, slightly improved
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IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomyis estimated at 5.1 percent this year and 3.6 percent next year. Previously, the estimates stood at 5.4... the estimates it published in the previous Fiscal Monitor in April. The IMF sees Greece’s overall fiscal... in 2023 and 2024 respectively. These headline estimates appear to leave the IMF isolated when
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammesurplus target. The IMF points out that the Greek government estimates smaller gaps based on more... competitiveness and inadequate financing. It estimates that the underlying structural C/A deficit stood... the baseline and at 9.4 billion under the adverse scenario. The IMF sees upside risks to these estimates
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European Commission review of Greek programme: The key points
EconomyProgramme), the EC estimates Greece would have needed an additional 5 billion to cover its financing needs until... estimates privatisation revenues in excess of the 3-billion mark per annum as of 2016. The updated plan... that the financing gap until May 2015 is estimated at 5.5 billion euros. This figure reduces to 3.8 billion if we
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Births drop 14 pct since start of crisis as Greece faces wider population worries
Societyof this pattern are clear. Greece already reformed its pension system in 2010 but further interventions
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Industry turnover and new orders’ indices rebounded in July
Economyof quarters, the prevailing high monthly volatility does not allow for a clear evidence of any trend
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Greek unemployment rose to new high of 27.9 pct in June
EconomyMacroeconomyreduction in the unadjusted rate is attributed to the seasonally high tourism and it is not yet clear
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Ring of Fire
Agora“I want my life back, now!” was one of the chants heard at a teachers’ rally on Friday, when they protested against job transfers and sackings in the civil service. It’s been clear over the last three years that our daily comforts, as small as they may have been, are slipping away one by one
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Greece and troika agree 2013 primary surplus will be just 500 mln - here's why
EconomyProgrammewill not accept the accumulation of more arrears after an amount of 8 billion euros was earmarked to clear
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