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  1. Newsletter 286 - 26/02/2021

    Newsletters

    . On a positive note, the impact of the RRF is yet to be factored in in any growth estimates. Fiscally... restrictions remain in place since November. The Commission estimates support initiatives in 2021 to reach 6.5 pct of GDP, from 9.4 pct in 2020. Based on the latest GDP estimates this could well exceed

    3%
  2. The measures Greece is proposing to secure troika's return

    EconomyProgramme

    with estimated revenues at 350 million. The Finance Ministry (MoF) acknowledges that this measure would seriously... at 2015 levels. Cost savings are estimated at 50 million euros for 2016 and 140 million for 2017. MoF.... Crosschecking of family allowances granted to pensioners, with estimated cost savings of 23 to 37

    3%
  3. How big is the gap separating Greece and the institutions?
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    to this year since the new VAT rates will be effective from July 1. Apart from the total estimated... to 3.5 percent with estimated revenues of 120 million for 2015 and 250 million for 2016... tax on gross revenues of Video Lottery Machines (VLTs) with estimated revenues of 35 million for 2015

    3%
  4. New Democracy tax pledges put spotlight on available fiscal space
    Photo by MacroPolis

    EconomyProgramme

    , averaging 22 percent. This will have an estimated fiscal impact of 580 million euros. New Democracy has.... This means that the fall in revenues will burden the 2020 budget. It is estimated that the cut... reduction from 24 to 20 percent the following year. The cost of the second reduction is estimated at 600

    3%
  5. Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    percent drop in Q3, the Hellenic Statistical Authority (ELSTAT) flash estimates showed on Friday... in Q4. ELSTAT said flash estimates are expected to be revised upon the release of provisional estimates due on February 29, also incorporating the December data for balance of payments

    3%
  6. Newsletter 76 - 03/06/2016

    Newsletters

    provisional estimates, which showed GDP contracted 0.5 percent quarter on quarter (QoQ) and 1.4 percent year... outlook published on Wednesday, the OECD’s latest estimates on Greece point to a marginal contraction... estimates released on May 13. In Q4 last year, GDP rose by 0.1 percent. All key GDP components fell QoQ

    3%
  7. Greece's latest GDP figures and what to expect for the rest of the year
    Photo by MacroPolis

    Agora

    The flash estimates released by the Hellenic Statistical Authority (ELSTAT) on Friday were... be noted that consensus estimates and Reuters poll were pointing to a 0.2 percent drop and 0.1... a higher Q2 GDP (and consequently H1) figure in absolute terms versus earlier estimates. Although

    3%
  8. Bank of Greece sees potential for recovery, urges calm in negotiations
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Following the better-than-expected GDP outcome in the 9-month period, BoG upgraded its macro estimates... in its previous forecasts released in mid-June. BoG retained unchanged its estimates for 2017 and 2018... by 3 percent also in 2019. For 2017, BoG estimates private consumption to increase by 1.3 percent

    3%
  9. PBO sees just 2.7% growth this year, warns about private debt
    Photo by Panayiotos Tzamaros

    EconomyMacroeconomy

    , also updating its macro estimates for 2021. Following the extension of the lockdown into the full... for this year in Greece, Although the Finance Ministry’s estimates for 4.8 pct growth from the final budget... a revised figure of close to 3 pct. The PBO also provides a range of estimates, compared

    3%
  10. Newsletter 290 - 26/03/2021

    Newsletters

    , also updating its macro estimates for 2021. Following the extension of the lockdown into the full first... for this year in Greece, Although the Finance Ministry’s estimates for 4.8 pct growth from the final budget... a revised figure of close to 3 pct. The PBO also provides a range of estimates, compared

    3%