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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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Greek expats generating 9.1 bln in taxes abroad each year, study suggests
Societyall Greek exported "products," human capital has the highest value and is worth 12.9 billion, which... returns to Greece, the exported value of human capital benefits the receiving countries. Almost half (49... estimates that Greek expats have generated a total of more than 50 billion euros of GDP in their new
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BoG report notes challenges to Greek economy, issues warning over high fiscal targets
Economya long period (3.5 percent of GDP per year by 2022 and 2.2 percent of GDP on average over the period... and the long-term unemployed, creates inequalities that threaten social cohesion, devalues human capital
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Newsletter 277 -11/12/2020
rose to 3,370 this week. With the human toll continuing to mount, political pressure on the government.... The latest reading is the lowest since July 2015 when it fell by -2.2 percent. The data showed
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Latest EC review clears path towards end of enhanced surveillance process in 2022
EconomyProgrammeand regional ports. Progress is also noted in public administration with the integrated human resources... underpinning the DSA are for a long-term primary balance of 2.2 pct of GDP, real GDP growth of 1.5 pct, 3.5
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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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