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Greek 2017 budget reveals size and source of extra tax burden
Agora-cigarettes are projected to yield additional revenues of 218.4 and 142 million respectively in 2017...The 2017 budget tabled in Parliament on Monday revealed that the bulk of the estimated incremental... million (27.3 percent) and a rise in the excise tax on fuel products, which is estimated to bring
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Newsletter 329 - 25/02/2022
will have to deliver a primary surplus next year of 1.5 pct of GDP and then secure an average 2.2 pct... and the institutions’ nominal growth estimate of 4 pct growth in 2023 proves accurate, the 2023 GDP is seen... target of 2.2 pct of GDP. With Greece soon due to enter a de facto pre-election period
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Greek C/A deficit to July narrowed to just 156 mln with boost from tourism
EconomyMacroeconomyis still materially improved, up 142 percent year on year (yoy) at 720 million, mainly courtesy... a C/A balance close to zero in 2013 and 2014. Note that the latest BoG estimates released..., which is broadly in line with troika July estimates at 2.8 percent and 1.7 percent respectively.
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Greece's current account in surplus for the fourth consecutive month
EconomyMacroeconomy“recurring” figure amounted to 720 million materially improved by 142 percent yoy. The strong monthly... years. Latest BoG estimates (released in the end of May) called for a C/A deficit of 3 percent of GDP in 2013 and around 2 percent in 2014, while the IMF’s more updated estimates stand at 1.0 and 0.5
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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyprimary surplus is 2.2 pct of GDP from 2026, as high as 2.7 pct in 2028. The composition of revenues...The IMF spring meetings produced some good news for Greece via the World Economic Outlook and Fiscal Monitor. The IMF revised upwards its growth estimates for 2023, which is now seen higher at 2.6
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Manufacturing PMI edges up for second month in a row
EconomyMacroeconomyat manufacturers operating in Greece. Despite the robust increases in new orders, the employment within..., according to the European Commission data released on February 27. Economic sentiment improved by 2.2
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Newsletter 103 - 20/01/2017
indication that it will try to make the automatic mechanism robust enough to satisfy the International... edged up 2.2 percent to 42.22 billion. Meanwhile, interest payments decreased by 14.8 percent
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Newsletter 238 -07/02/2020
, to 4.8 percent in 2020, 2.6 percent in 2021 and 2.2 percent in 2022. The long-term risk-free rates... picked up, driven by robust domestic and foreign demand Greece’s manufacturing PMI increased to 54.4
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Eurobank net profits at 256.7 mln in 2019
EconomyBankingrestructuring costs of 15.1 million, other restructuring costs of 6.2 million and discontinued operations €2.2..., during the last few years the banking system has become more robust and better equipped to withstand
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Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Economyoutlook, Fitch sees a primary deficit of 0.9 pct in 2023, from 2.2 pct this year, which is far off... state could also lead to negative rating action. On the other hand, robust growth and improved fiscal
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