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What lies at the heart of differences over Greek banks' capital needs?
Economyits own estimates if Athens proceeds with the disclosure of its own forecasts. The FT indicates the ECB has similar estimates to the IMF and has also pushed for Greece to take a closer look at its... is most likely related to the methodology and the assumptions behind Greece’s and troika estimates
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Newsletter 98 - 02/12/2016
Economic Outlook report, published on Monday. For 2018, the OECD estimates a faster GDP growth... than the 0.5 percent QoQ rise recorded in the flash estimates released on November 14. The provisional estimates also showed GDP increased by 1.8 percent year-on-year in Q3, from a downward revised
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IMF raises forecast for primary surplus but differences with European lenders remain
EconomyMacroeconomyFollowing 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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Greece braces for deeper Covid-19 impact on economy, budget and public debt
Economyestimates by the authorities that the situation could be contained within the second quarter of the year..., like tourism, from a total collapse. Most international estimates converge towards Greece facing... to be extended into May, and highly likely June. The authorities’ reported estimates for funding needs
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EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in
EconomyMacroeconomyannounced 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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Finance Ministry grapples with escalating cost of pandemic
Economyestimates 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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Hotel owners sound warning over Thomas Cook revenue losses
EconomyFeaturesmultiplier effect is added in, which estimates that for every 1 euro of tourism revenue generated... stemming from the collapse of Thomas Cook were estimated at 315 million euros. Out of the total, 138.2... other than hotels partnered with Thomas Cook were estimated at 114.1 million, and those from
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Newsletter 222 -04/10/2019
million for the wider industry. When the tourism multiplier effect is added in, which estimates... estimated at 315 million euros. Out of the total, 138.2 million euros relate to pre-collapse amounts, and 52... estimated at 114.1 million, and those from airport arrivals stood at 10.4 million. The loss
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Newsletter 244 -20/03/2020
to one million employees according to the latest estimates. In the next phase of its response... closure, it is estimated that only around 600,000 of those who will become unemployed due to businesses... estimated that their turnover would drop by 51 percent in 2020 based on room rates. For conference rooms
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In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
EconomyMacroeconomy. For 2019, the Fund sees the budget in complete balance, leaving its estimates unchanged from the previous FM. It is worth highlighting the Fund has substantially revised its fiscal estimates since the FM... primary balance was estimated at 3.8 percent this year and 4.1 percent in 2019. General government
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