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Conflict in Middle East puts fresh pressure on economy
EconomyMacroeconomypct, when the EU relevant index was at 2.2 pct and 1.9 pct for the euro area. Due to structural... and the 2.3 pct growth estimate of the Greek authorities appears to be getting out of reach.... Israel visited Greece with estimated receipts of almost 420 million euros via 3.9 million overnight
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economyrecession in its previous estimate, to 7.5 pct. This is in line with the European Central Bank’s..., which has not yet been incorporated in its forecasts. Banks Regarding the banking system, the BoG... Stournaras presented the central bank’s updated estimates regarding the impact of the pandemic
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The key points from Greece's proposal to lenders
EconomyProgramme). For 2017-19 the privatization proceeds are estimate at 2.12 billion, yet the bulk (1.59 billion... at 1.06 billion in 2015 5) Tax on television advertisements with estimated revenues at 100 million... for the collection of revenues related to automobile ‘KTEO’ fines and uninsured vehicles (estimated revenues at 120
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Migrant boat tragedy forces temporary halt on election campaigning
PoliticsGreek Politicson Wednesday. The sinking of a fishing boat believed to be carrying migrants from Libya to Italy has claimed 79 lives while 104 have been rescued, however estimates of the total number on board range between
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Fires cast growing shadow as new shipwreck probe is announced
PoliticsGreek Politicsof migrants travelling from Libya to Italy drowning in the Mediterranean, off the coast of Greece... are estimated to have lost their lives in the shipwreck. Another probe, this time initiated from
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New Democracy tries to win over voters with crackdown on bank charges, migration
PoliticsGreek Politicsapproach on migration in response to increased arrivals from Libya also comes at a time when New... of measures will be relatively painless for banks, costing an estimated 20-30 million euros, while
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Newsletter 72 - 06/05/2016
it predicted in its previous estimate in early February. For 2017, Greek economy is seen strongly... of power between civil society and central governments that has yet to fulfil its potential in dealing... earlier optimistic estimates, the Eurogroup is not expected to reach an agreement, primarily due
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Iran war begins to bite as costs rise and confidence falls
EconomyMacroeconomyforecast is now lower at 2 pct, down from 2.4 pct in the previous estimate, while inflation is seen... government may have to confront yet another crisis that will leave a significant mark on the Greek... in Iran, and the impact on growth is likely to be more severe than assumed in the latest estimates
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ND warns of fiscal risk from SYRIZA pledges as Tsipras takes heart from Cyprus polls
PoliticsGreek Politicsclosures and mass layoffs. The government is, meanwhile, banking on an estimated 10 billion euros of extra taxes collected in 2022 to build yet another support package which is expected to be announced..., the better SYRIZA’s chances to secure first place, while most polls currently estimate they are 6-7
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Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
EconomyMacroeconomymore than those in 2016. This estimate is due to be revised by the end of January and could...). The preliminary estimates for airline seat planning point to an increase of 19 percent for Greek regional
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