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  1. S&P keeps rating at 'B+' and highlights obstacles to competitiveness

    Economy

    such as privatisations, the efficiency of the judicial system, and further improvements in the business... disbursement of the adjustment programme provided Greece with a sizable cash buffer, which S&P estimates will meet debt-servicing into 2023. Growth The gross debt-to-GDP ratio is estimated to decline from

    9%
  2. IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    , accelerating privatisations and pushing forward initiatives to clean up the balance sheets... growth below 1 percent, the Fund estimates that will take 15 years for per capita income to return... institutions have also asked the government for a detailed timeframe for the repayment of an estimated 2

    9%
  3. After Q3 results, what next for Greek banks?

    Agora

    . All banks agree with the official sector estimate for a mild GDP rebound (0.6 percent) in 2014. Under... warrants. Since the privatisation of Eurobank is due to be completed by the end of the first quarter

    9%
  4. Fitch keeps Greek rating at 'B' but downgrades outlook to negative

    Economy

    estimate of 2.5 percent forecasted last November. The downward revision by one percentage point... investors. However, Fitch notes that under a SYRIZA-led government the privatisation programme would most

    9%
  5. Greece sees lower primary surplus at 0.3 pct for 2014, fiscal challenges remain

    EconomyProgramme

    highlighted last week. MoF officials estimate the fiscal gap stands at 3.3 billion in 2015 if the EAP... (table 3.4), with one amendment on the privatisation revenues of around 300 million. However

    9%
  6. Newsletter 184 -23/11/2018

    Newsletters

    percent to 26 million visitors against an estimate of 30 million for this year by the Greek Tourism... capacity, the restructuring of ETAD and the end-2018 privatisation tenders, considering that the delay

    9%
  7. BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
    Photo by MacroPolis

    Economy

    privatisations and development of public real estate. Exports of goods and services growth... to potentially exceed the current growth estimates for 2019 of 1.9 percent. For the next two years... previous estimates thanks to a stronger 2019 and some of the policies that the new administration has

    8%
  8. Bravo, Bank of Greece
    Image: MacroPolis

    Agora

    on “revenues from privatizations.” Could another word be used, such as “cash inflows”, or “receipts,” because proceeds from privatizations are not “revenue” (above the line)? One cannot reduce a fiscal deficit with money from privatizations; one can only finance a deficit by selling assets

    8%
  9. EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    of investments and privatisations and stabilisation of the Greek banking system after the completion... estimates on the Greek economy to take into account the uncertainty surrounding the bank holiday... in 2016. These estimates assume implementation of the agreed fiscal measures targeting savings

    8%
  10. Eurogroup marks end of cycle and squaring of circle for Greece
    Photo via Fosphotos

    Agora

    privatisations (expected at 2 billion in 2018 and over 1 billion in 2019) set the current cash buffer plan at 18... estimates that without any prepayments of the official sector loans a cash buffer of 17 billion would cover..., the French proposed an automatic mechanism. Depending on growth outcomes versus estimates

    8%