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OECD sees economy picking up from second half of 2016, underlines need for reforms
EconomyMacroeconomyfor this year to 0.2 percent (from 0.1 percent previously) but retained its 2017 growth estimate unchanged... in China or the euro area that would harm Greek exports.... in 2016, but inflation is estimated to remain negative or close to zero due to the large economic slack
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Greek banks on cusp of improved liquidity conditions
Agorastressed that “during reviews in the context of financial assistance programmes for a euro area Member.... This makes it tricky to make any accurate estimate regarding the amount as well as the timing of deposits... is estimated to have a positive impact on banks NII of 200-250 million euros on an annual basis under
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Greece on track for bumper tourism year, figures show
EconomyFeaturesshowed that arrivals to the country came to 27.2 million visitors, surpassing the estimate of 26... million. EU28 visitors rose by 12 percent to 1.1 million. Within this, euro-area visitors were up by 15.8... to reports from several industry bodies as well as the Bank of Greece. An estimated 30 million visitors
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Many obstacles to clear in Greece's digital leap
EconomyFeaturesand leveraged. A recent estimate put the combined funds earmarked for such projects in the public... for “quick wins” in this area, when it launched over 400 digital services for citizens during the pandemic... Governance). The “Digital Reboot” report estimated that between 6 billion and 15 billion euros
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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economyof the first quarter will fall out of the index. Another area that held back Greece over the recent.... This is underpinned by an estimate of average growth up to 2025 of 3 pct. The stable outlook reflects... on a 2.2 pct of GDP primary surplus in 2024. The debt-to-GDP ratio is estimated on a sliding path
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Water shortages a growing concern as government warns bills could increase
PoliticsGreek Politics, which includes the capital Athens, highlighted as an area of critical risk. Earlier this year... in the west of Greece, a complex project which is estimated to require at least two years of construction. The ministry, however, acknowledges this is a wildly optimistic estimate given the lead time required
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Newsletter 467 - 20/06/2025
pct for the euro area. Due to structural issues and low competition in certain sectors, prices... for adverse developments to materialize and the 2.3 pct growth estimate of the Greek authorities appears.... Last year, more than 620,000 tourists from Israel visited Greece with estimated receipts of almost
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Conflict in Middle East puts fresh pressure on economy
EconomyMacroeconomypct, when the EU relevant index was at 2.2 pct and 1.9 pct for the euro area. Due to structural... and the 2.3 pct growth estimate of the Greek authorities appears to be getting out of reach.... Israel visited Greece with estimated receipts of almost 420 million euros via 3.9 million overnight
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Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates
EconomyMacroeconomy: The Greek government and the troika estimate a GDP rebound by 0.6 percent with BoG and Fitch Ratings... decelerating from the 3 percent drop posted in the third quarter, according to flash estimates... similar trend (low double-digit drop) over the past three quarters. ELSTAT’s latest flash estimates
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Migrant boat tragedy forces temporary halt on election campaigning
PoliticsGreek Politicson Wednesday. The sinking of a fishing boat believed to be carrying migrants from Libya to Italy has claimed 79 lives while 104 have been rescued, however estimates of the total number on board range between
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