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Newsletter 206 -17/05/2019
and as such there is fiscal space of 0.6 percent of GDP that can be used for expansionary measures. He added..., improving from a decline of 10.2 percent in January, ELSTAT data showed. The latest monthly headline
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Payment plans for overdue debts launched as Athens looks for revenue boost
EconomyProgrammetargets this year. The government’s latest forecast is for a 4.1 percent of GDP primary surplus... until September 30. Market reaction While Athens is hoping that it can convince the institutions
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PBO sees fiscal target being reached despite expansionary measures
EconomyProgrammeIn its quarterly report published on Wednesday, Parliament’s Budget Office (PBO) does not share the concerns of the country’s lenders about the impact of the latest expansionary measures on fiscal... that it will be misleading to assume that those measures can be financed by the increased economic activity and, given
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BoG notes economic progress, urges safeguarding of fiscal credibility
Economyat its disposal. The BoG notes that its estimates are based on the latest available real data.... This can be achieved through a more favourable tax regime, more targeted spending in areas
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Mitsotakis pleads for strong mandate as polls suggest ND heading for landslide win
PoliticsGreek PoliticsNew Democracy leader Kyriakos Mitsotakis held his main campaign rally in Athens on Thursday night, urging voters to give him clear mandate to govern even though the latest opinion polls suggest... taxes and contributions to make it easier for taxpayers to apply, but also so businesses can be included
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Travel balance surplus up by 29 pct in Q1 to reach 165 mln
EconomyMacroeconomyarrivals for the year came to 33.2 million visitors, surpassing the prediction made by SETE. The latest... percent of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected
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Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
EconomyMacroeconomycan be expected this year. The latest figures from SETE for showed that in March, international
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New Democracy starts rolling out its first three bills
PoliticsGreek Politicsin August. SYRIZA has claimed that the latest delay is proof that it was not standing in the way... the pieces could be in place by the end of the year so construction can begin on what could be a significant
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Vote on tax bill due this week as ND pushes for adoption of first three draft laws
PoliticsGreek Politicson this week, by Thursday at the latest according to government sources, after being submitted... can be discussed. Negotiation plan According to a report in Kathimerini, the government is planning
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Staikouras strikes note of caution on fiscal space and tax cuts
EconomyProgrammesurplus target will be met. Despite the latest estimates by the European Commission and Bank of Greece... that was due to be implemented next year. Staikouras believes that a broader tax base can be achieved
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