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  1. 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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  2. Fitch upgrades Greek rating to 'BB-', three notches from investment grade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    of 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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  3. Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    in 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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  4. IMF raises forecast for primary surplus but differences with European lenders remain

    EconomyMacroeconomy

    Following 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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  5. EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in

    EconomyMacroeconomy

    announced 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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  6. Finance Ministry grapples with escalating cost of pandemic

    Economy

    estimates 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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  7. Births drop 14 pct since start of crisis as Greece faces wider population worries

    Society

    in 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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  8. Tech start-ups click into place to fight off Greek recession
    Photo by Harry van Versendaal

    Society

    of companies have also been founded during the crisis. Starting a business is one of the ways Greeks have... been one of the few bright spots in the business sector during the crisis. Taking just the mobile

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  9. Newfound variety helps Greek winemakers enjoy exports boost

    Society

    markets. The exports of Greek strawberries, for example, have skyrocketed during the past few years.... The Greek exporters who have been successful during the crisis, despite the difficulties created

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  10. Of symmetry and adjustments in the eurozone

    Agora

    to assess the policies that have been followed during the crisis, and to take an educated guess... not be surprising. As Dani Rodrik pointed out, the right time for structural reforms is during booms

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