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  1. Newsletter 334 - 08/04/2022

    Newsletters

    , 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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  2. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    learning 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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  3. Here's why Greece's fiscal difficulties will dominate the agenda

    EconomyProgramme

    in each ministry that will offer savings of 140 million. 2015 fiscal target The 2015 budget... billion for the whole year. In addition, revenues are back-loaded, since H1 revenues are estimated... was based on the notional rather than the estimated ENFIA revenues. This means that the new tax would bring

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  4. IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    upped 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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  5. Newsletter 208 -31/05/2019

    Newsletters

    third with 7.7 percent, meaning the centre-left grouping more or less held its own in comparison... for Change (KINAL), which gained 7.7 percent on Sunday, will also play a key role in determining future.... The General Accounting Office had estimated the total cost of the expansionary measures at 0.55 percent

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  6. Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
    Photo by MacroPolis

    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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  7. Newsletter 227 -08/11/2019

    Newsletters

    . 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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  8. GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    by 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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  9. Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
    Photo by MacroPolis

    EconomyProgramme

    pct 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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  10. EC's autumn forecasts see stable growth, with RRF playing pivotal role
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    in February of this year. For 2024, the estimate is for growth of 2.4 pct, from 1.9 pct in May, while growth in 2025 is seen at 2.2 pct. This suggests that Greece will continue to outperform EU and eurozone... for this year and improved for next year, compared to the previous estimates in spring. The Greek

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