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  1. Newsletter 292 - 09/04/2021

    Newsletters

    of next year. This year’s estimate is marginally lower than the one forecast in the previous WEO... anticipated GDP to shrink by 9.5 pct in 2020, before ELSTAT’s first estimate for a 8.2 pct GDP... and a recovery from next year up to 2026 at -3.5 pct. This year’s estimate is a deterioration from October’s

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  2. Greece sets out broad reform plan for lenders' approval

    EconomyProgramme

    that they pay the state the market prices for the frequencies used. On public tenders and procurements, Greece... strategic default and inability to pay. The government also pledged to de-criminalise lower income... into a national priority. A key pledge relates to fuel and tobacco products’ smuggling (with estimated revenues

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  3. Newsletter 49 - 30/10/2015

    Newsletters

    to only 26.2 percent. Given that the ballot will be open, meaning that anyone willing to pay 3 euros... a retirement pay of more than 1,000 euros at the moment can expect a new round of cuts as well... into an estimated recession of at least 1.3 percent of GDP for the year. Tsipras’s own failings have

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  4. Tracing the decline of the middle class as parties vie for its votes
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    to pay for handouts. The government, on the other hand, blames the austerity policies of its predecessors... incomes. The vast majority of middle-income households in Greece struggle to pay their necessary... according to EUROSTAT; of those who had left by 2013, it is estimated that 63 percent were university

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  5. EU's temporary framework for state aid in response to Covid-19 outbreak

    Legal

    Number (CAD). However, in the case any company wishes to pay the above amounts to the Tax... who proceed to pay current social security contributions for February and March 2020... with an estimated budget, and will not benefit from the temporary framework if it is granted

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  6. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    the quarter. ELSTAT also released a first estimate of the overall GDP figure for 2017, showing that it grew... the Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. This was driven largely by a 15.7... in November 2017. For 2018, the MoF revised upwards the growth estimate to 2.5 percent from 2.4 percent

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  7. Macroeconomic fundamentals for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    ). This is the estimate we use for Greece’s Natural Rate of Unemployment, reflecting reforms that were made during..., which will be growing. We estimate for now an underlying structural interest bill of 4 percent... as the proportion of market-placed debt grows. Finally, we can estimate that Greece needs a structural primary

    8%

  8. IMF revises growth forecasts downwards, emphasising gap with other lenders
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    slightly to 1.8 percent next year. The estimate for this year is a substantial revision from the WEO estimate in October, when the Fund expected Greece to grow by 2.6 percent in 2018. Also, the estimate for 2017 was for 1.8 percent growth, now revised down to 1.4 percent, in line with ELSTAT’s

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  9. IMF still sees fiscal gap in 2018 - no action needed, for now
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    decade, when the Greek growth estimate eases to 1 percent in 2022. This year’s GDP will be boosted... the deflation years behind, with the inflation estimate at 1.2 percent this year and 1.3 percent in 2018... forecast for 2017 which has been revised downward from the 2.1 percent July estimate. On the fiscal

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  10. Energy drives closer cooperation between Greece, Cyprus and Egypt
    Photo via @PrimeministerGr

    PoliticsForeign Policy

    process on the Syrian crisis, while also expressing “serious concerns over the situation in Libya.” The instability in Libya and the presence of jihadists there was highlight by the Egyptian president

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