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In 9th post-bailout review, EC sees reforms slowing due to pandemic
EconomyProgramme, the impact of the RRF is yet to be factored in in any growth estimates. Fiscal Fiscally, Greece... launched, a commitment in the area of energy policy. Delays were observed in various areas, some... remain in place since November. The Commission estimates support initiatives in 2021 to reach 6.5 pct
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Newsletter 286 - 26/02/2021
. On a positive note, the impact of the RRF is yet to be factored in in any growth estimates. Fiscally... against PPC was also launched, a commitment in the area of energy policy. Delays were observed... restrictions remain in place since November. The Commission estimates support initiatives in 2021
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Summer season looks under threat as revenues fail to materialise
EconomyMacroeconomyarea. In addition, up to 41 percent of respondents said that they planned not to take any type... hit to its tourism industry this year. In that estimate, EY cited tourism analytics company..., the initial estimate of 8 billion euros in tourism receipts this year is already looking optimistic
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
Economy, essentially unchanged from its 8.1 pct estimate in April. Though uncertain, the recovery estimate remains... as an area of vulnerability, with the NPE ratio at 37.4 pct at the end of March, despite all... estimates have factored in the costs of adhering to the recent ruling by Council of State
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Newsletter 416 - 15/03/2024
. The Finance Ministry's estimate was missed by less than half a percentage point and was subject... certainly live with a growth rate in the region of 2 pct for 2023. The area that the Greek authorities... households. The growth estimate of 2.9 pct included in this year's budget puts the finance ministry's
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Govt calls on local businesses and banks to free up capital for investment
PoliticsGreek Politicshave yet to see the centre-right administration deliver on its promise of strong growth (upwards of 4... for significant long-term foreign investment in Greece, and New Democracy has yet to provide convincing... official estimate. He added that there will be a clearer picture once the third quarter is completed
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Where is Odysseus? Part 4 - Unemployment and Employment
Agorato lower, but still appreciable, unemployment rates. The recovery has not yet played out... the euro zone average. This should not continue because Greece has not yet fully restored... will combine the baseline estimate of the LF with the baseline estimate for the UR. For the low
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Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
EconomyMacroeconomythan the 178.6 percent in April’s estimate, mostly thanks to the upward revision of GDP. Greece’s... and expenditure items such as privatisation revenues, bank support spending and income from euro-area national... by 2.3 percentage points from April’s 180.8 percent estimate.
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GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomypct that appeared in the 2023 final budget at the end of 2022. The most recent inflation estimate... in 2023, from 1.2 seen in the previous estimate in February. In its latest World Economic Outlook... percent QoQ. Outlook According to the latest Finance Ministry estimates included in the Stability
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PM gets no change out of opposition leaders on US trip, electoral law
PoliticsGreek Politicswith Libya or any other actions that Athens deems provocative. Tsipras, though, went a step further... for the winning party. The government has not publicly revealed its proposal yet, but Mitsotakis has indicated
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