Search
-
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
15% -
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
15% -
Newsletter 208 -31/05/2019
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
15% -
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
15% -
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
15% -
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
15% -
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
15% -
EC's autumn forecasts see stable growth, with RRF playing pivotal role
EconomyMacroeconomyin 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
15% -
New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes
EconomyMacroeconomy. The macroeconomic framework of the plan sees the economy growing by 2.2 pct this year, a slight revision... the RRF is expected to get wound down, with growth of 1.5 and 1.3 pct respectively. The estimate... of this year. The longer-term horizon estimates debt-to-GDP to drop to just short of 115 pct of GDP
15% -
EC sticks with 0.6 pct growth for Greece in 2014 but also sees C/A deficit
Economyat 2.1 percent of GDP in line with Greek government latest estimate of 2.2 percent. Similarly, the EC...). The rebound in gross fixed capital formation is estimated at 5.3 percent in 2014 (from 8.4 percent before
15%