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  1. IMF far more pessimistic than eurozone on Greek debt, urges significant relief
    Photo by Panayiotos Tzamaros

    EconomyProgramme

    of 450-500 basis points (bps). Going forward, the fund estimates that the rate will increase or decrease... institutions in June 2016, the IMF debt estimates are materially more pessimistic as the Europeans forecast

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  2. Newsletter 110 - 10/03/2017

    Newsletters

    provisional estimates revealed. The GDP contraction mostly reflects a drop in general government... posted a marginal growth QoQ. The provisional estimates also showed that GDP fell by 1.1 percent year

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  3. The conundrum of Greek olive oil exports
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    newsletter by the International Olive Council (IOC) gives provisional estimates that the 2016/2017 crop... would be. The BoG estimates that “a shift from bulk to branded olive oil and a more efficient

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  4. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    compared to 40 percent for rival destinations. NBG estimates that broadening the tourism season would... seasonality, the report estimates that for hotels to reach their five-year revenue targets, additional

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  5. S&P upgrades Greece to 'B+' on back of Eurogroup agreement
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    estimates, which could restrict Greece’s ability to consolidate its finances and reduce debt, would lead.... The cash buffer of 24 billion euros is 13 percent of Greece’s GDP and S&P estimates it is enough

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  6. Pensions spending stable but early retirees burden system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Labour Ministry's Computer Centre for Social Security Services (IDIKA) recently published a report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension... 37.3 billion as the population grows older. The study estimates that the cost of an increasingly

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  7. Increase of 11 pct in minimum wage to have knock-on effect in economy
    Photo by MacroPolis

    Economy

    it, pushing lower the overall labour cost in the economy. The government estimates that about 600,000... increase by 83 euros, to 910 euros. The government estimates that approximately 200,000 part-time workers

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  8. Tsipras targets pensioners with final pledge as Mitsotakis woos undecided voters
    Photo by MacroPolis

    PoliticsGreek Politics

    , followed by Golden Dawn on 6.5 points and the Communist Party (KKE) on 5.5. Pulse estimates..., Pulse estimates that the maximum difference between the two parties could be 13.1 percentage

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  9. GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP increased by 0.2 percent quarter-on-quarter (QoQ) in the first quarter (Q1) of 2019 after a decline of -0.1 percent seen in Q4 2018, provisional estimates from... to 1.8 percent in 2022 and 1.8 percent in 2023. Compared to last year’s estimates, 2019 was forecast

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  10. Regling underlines concerns about fiscal target after voter-friendly measures

    EconomyProgramme

    up to cushion it in the post-programme period. The ESM estimates the total cash resources of Greece...; there's another half year to go. So we are talking about estimates here. “We also are concerned

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