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  1. Covid-19 impact on tourism sector set to be extensive, report suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    to estimate the impact of the coronavirus on the country’s vital tourism industry. The study examined..., INSETE estimates that the loss of tourism revenue this year will be extensive, since the second... estimates that spending on international flights is expected to drop by 88 percent for the British market

    5%

  2. Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
    Photo by MacroPolis

    EconomyProgramme

    that the European institutions estimate the 2016 fiscal gap slightly higher at 0.9 percent of GDP... the quadriga heads to return in the first ten days of March. He also confirmed that the estimates of the three...’ estimates mostly relates to a different assessment on the outcome of the already implemented

    4%

  3. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , is expected to reach 1.09 percent of GDP in 2016, higher than both the draft budget estimate of 0.63... detailing the government’s fiscal and macro estimates for 2016 and 2017. The government’s initial forecasts were included in the draft budget that was tabled on October 3. Fiscal estimates The general

    4%

  4. General government bottom line continues to improve with moderate decrease in arrears

    EconomyMacroeconomy

    ) below 3 percent of GDP in 2013, beating the troika estimate of 4.1 percent. He also added that if Greece... consecutive month. Following this performance, we estimate the revenue shortfall has further narrowed

    4%

  5. Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
    Photo by MacroPolis

    Economy

    . According to our initial estimate a month ago, the capital cushion would reach 2.3 billion euros... and Piraeus 3.26 billion. Following the recognition of additional DTA in Q2, our estimate for the banks

    4%

  6. Updated ELSTAT figures point to minor differences on fiscal data, slight rise in debt ratio

    EconomyMacroeconomy

    million higher than previous estimate. Furthermore, gg debt was also confirmed at 317.12 billion... estimate (published in November 2014) of 1.8 percent and the institutions’ fiscal target of 1.5

    4%

  7. Newsletter 60 - 29/01/2016

    Newsletters

    a final estimate of the 2015 fiscal performance, the announced over-performance, which corresponds... than the institutions had forecasted a few months ago. A similar estimate for overall stable GDP... islands to prevent them simply moving on en masse to other parts of Europe. On this subject, a lot

    4%

  8. ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt

    EconomyMacroeconomy

    lower than the April estimate. Even after the downward revision by almost 0.5 percentage points... stands at 311.67 billion, 221 million higher than the April estimate, and corresponds to 177.4

    4%

  9. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    forecasts a modest growth of 0.3 percent in 2016, compared to a previous estimate for a mild recession... (from 22.2 percent), while its estimate for 2018 remained unchanged at 20.3 percent. Meanwhile, prices

    4%

  10. Clearer picture emerging ahead of stress tests, banks appear confident
    Photo by MacroPolis

    EconomyBanking

    bankers estimate that by the time the stress tests, which were brought forward to satisfy... realised. According to local media, Greek banks estimate the IFRS 9 standard to result

    4%