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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBankingIncome (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million
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In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
Economyprevious estimate that economic activity will start picking up from the second half of this year.... However, EC updated its estimates on the GDP components and is now expecting private consumption to drop... estimates involve persistence of the strong revenue collection as well as revenue administration
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Gathering signs of coronavirus impact on growth expectations
Economyby 2.2 percent this year against a baseline of 2.5 percent, which as mentioned is already lower than... to 1.9 percent in 2020, almost a full percentage point lower than the government’s estimate. This could... on these negative estimates, we seem to be moving away, probably significantly, from the target of GDP growth
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Newsletter 334 - 08/04/2022
, growth is suppressed to 2.2 pct and inflation shoots up to 11 pct, on the back of the price of oil... the Greek economy growing by 3.8 pct, down by one percentage point from the previous estimate and HICP... and geopolitical developments are gradually being reflected in the latest estimates of domestic institutions
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Second review to resume in Athens under severe time pressure
EconomyProgrammelearning and social dialogue. Fiscal Despite a revenue outperformance of 2.2 billion euros.... The institutions also estimate that an amount of around 400 million is still missing for the GMI... the necessary fiscal space for the GMI roll-out. Its cost is estimated at 0.5 percent of GDP
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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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Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
EconomyMacroeconomy). On the flipside, travel receipts from France contracted 2.2 percent and those from Russia dived... and 1 million above SETE initial estimate of 25 million. In addition, direct tourism revenues are now... Andreadis reiterated his latest estimates calling for 26 million international tourist arrivals in 2015
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Newsletter 227 -08/11/2019
. Overall, the EC expects Greece to grow by 1.8 percent in 2019, which is lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2 percent estimate in last year’s autumn...’ Protection Ministry estimates that around 4,000 people can be housed in empty hotels. Petsas blamed
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GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
EconomyMacroeconomyby 1.8 percent this year, which is lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2 percent estimate in last year’s autumn forecasts. In 2020, the EC...) in the third quarter (Q3) of 2019 after a revised increase of 1.3 percent in Q2, provisional estimates from
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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammepct over the 2020 to 2060 period and the fiscal assumptions see a primary balance of 2.2 pct of GDP..., it is not before 2050 that the debt stock will converge to the previous estimate of around 85 pct of GDP... in the previous estimates. In terms of the debt-to-GDP ratio, Greece was expected to have a debt level
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