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IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
EconomyMacroeconomyupped its primary surplus estimate for 2016 to 3.3 percent of GDP, from 0.1 percent in its previous... Fiscal Monitor, which provided its updated fiscal estimates. Unlike the downward revision of its..., the Fund estimates a lower primary surplus of 1.5 percent of GDP from 2019 onwards. This means that IMF
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
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Parliamentary report highlights demographics challenge and urges immediate action
Societythis week raised further as it noted that the country’s fertility rate stood at 1.24 children per... to increase. Even if the average number of children per woman increased from 1.5 children to 1.8 children, the average number of births per year from 2018 to 2035 is unlikely to pass 95,000. An analysis
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Greek Tourism Association sees tourist arrivals rising to 19 mln for 2014
EconomyMacroeconomyThe Association of Greek Tourism Enterprises (SETE) increased on Wednesday its estimate... percent to visit growth respectively. It is also interesting to monitor the evolution of spending per... the amount of travel revenues. In 2013, the average spending per trip receded 1.9 percent to 604 euros
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HFSF 2013 annual report unveils accumulated losses of 15.1 bln and potential recovery value of 34.4 bln
EconomyBankingof 34.42 billion is more than double compared to the initial estimate of 16 billion incorporated... to 18 thousand euros per month. In addition, Christos Sklavounis, Chairman of the General Council, received as remuneration 109 thousand euros since May 2013 corresponding to 13.7 thousand euros per
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Greece sees tourist arrivals rise 12.6 pct in May but spending fall 10.6 pct
Economydrop in travel spending per trip, which almost counterbalanced a 12.6 percent rise in international.... Travel spending per trip dropped 5.4 percent in the 5-month period and partly offset the 17 percent... to 19 million in 2014 from 18 million in 2013. This estimate excludes cruise arrivals, which stood
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Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
EconomyMacroeconomyto 2.61 billion. The downswing in revenues is fully due to a decline in the average expenditure per trip... expenditure per trip by 6.3 percent to 542 euros, while arrivals grew by a modest 1.1 percent... for the whole year, since the latest official figures may prove this estimate is rather optimistic.
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Newsletter 184 -23/11/2018
expenditure per trip drop by 4.3 percent to 487.60 euros. Over the first nine months of the year, travel.... Average expenditure per trip fell by 0.9 percent to 533.60 euros in the aggregate period, versus 538.20... percent to 26 million visitors against an estimate of 30 million for this year by the Greek Tourism
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Inflation to persist, creating more economic policy challenges
EconomyMacroeconomynot changed its inflation estimate for this year, which had a GDP deflator of 1 pct and a harmonized... 90 dollars per barrel, This is an issue of equally immediate political and social sensitivity as fuel prices, also thanks to the heavy tax wedge, are approaching 2 euros per litre in gas stations even
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyeuros, driven by a rise of 4.9 percent in international arrivals, although the average expenditure per... of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Tuesday. The headline figure
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