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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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The key numbers behind the latest Greek proposals
EconomyProgramme23. However, it is not clear whether the government later changed those estimates or whether... the corporate tax rate from 26 to 28 percent with estimated revenues at 260 million in 2016 2) Increase... with estimated revenues at 100 million per annum in 2015-2016 5) Extension of luxury tax with incremental
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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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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme. This resulted in IMF lowering its real GDP growth estimates by 50 basis points to 1.5 percent... into the Treasury. Overall, the IMF estimates Greece’s net financing needs at 29.3 billion in the next 12... for the 3-year period. It is noteworthy that IMF estimates that Greece would complete prior actions
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economyof more than 24 billion euros, 13 percent of GDP, which the Eurogroup estimates will see Greece covered up to mid-2020. Fitch estimates that Greece is fully funded until 2022, which is a significant... 2022 then dropping to under 3 percent from 2024. Fitch estimates Greece’s GFN to stay below 9
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Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
EconomyMacroeconomyin the fourth quarter of 2013. Based on these forecasts, BoG estimates the internal capital... fourth review estimates (July 2013) and incorporate: GDP rebound of 0.6 percent in 2014, 2.9 percent... and Panellinia, increase to 6.381 billion. The released figures were estimated by the BoG on the basis
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IMF raises forecast for primary surplus but differences with European lenders remain
EconomyMacroeconomyFollowing the publication of its macro estimates in the World Economic Outlook (WEO), the International Monetary Fund issued on Wednesday its latest fiscal estimates in the Fiscal Monitor, where... at 2.9 percent of GDP, up from 2.2 percent previously, a number closer to the fiscal estimates
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EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in
EconomyMacroeconomyannounced a new national lockdown. Naturally, the estimates for 2020, and potentially the carry-over... fronts. Even so, although the recession for 2020 is left unchanged at 9 pct, the estimates for next... in the estimates, however it can help domestic demand once it begins to flow. Naturally, the economic effects
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Finance Ministry grapples with escalating cost of pandemic
Economyestimates are already looking dated. In Monday’s announcement, the current cost was put at 2.4 billion... the initial estimates to 3 billion euros for the first four months of the year, by adding 500... Nea reported on Wednesday that the Finance Ministry is changing its estimates on a weekly basis
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Births drop 14 pct since start of crisis as Greece faces wider population worries
Societyin the number of still births because of uninsured women foregoing crucial tests during pregnancy. Georgiadis... during the crisis years. The government recently introduced a health voucher scheme, which foresees
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