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Greek reform proposals set for broad approval but include some political obstacles
PoliticsGreek Politicswill have difficulty explaining itself is in pension reform and privatisations. On pensions.... There is also likely to be unrest over its position on privatisation. The coalition commits not to roll back privatisations that have been completed or where the tender process has been launched
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Eurogroup sets conditions for disbursements totalling 10.3 bln to take place
EconomyProgrammeto the implementation of milestones related to privatisations, including the new privatisation... in the field of privatisations, which reportedly relates to the ratification by the Parliament... the implementation of the recent legislation on establishment of the new privatisation fund
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IMF expects modest recovery, lingering debt but primary surplus to return swiftly
EconomyMacroeconomyto 3.6 pct in the last quarter of next year. This year’s estimate is marginally lower than the one... estimate for a 8.2 pct GDP contraction last year. Greece is seen coming off deflation this year..., after -7.4 pct last year and a recovery from next year up to 2026 at -3.5 pct. This year’s estimate
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Newsletter 364 - 23/12/2022
. This is broadly in line with the European Commission’s estimate published about a month go, which... regarding next year. In its review in October, S&P presented an estimate of 1.7 pct growth in 2023. Also... in Parliament last weekend, the growth estimate for 2022 was 5.6 pct and 1.8 pct for 2023. The most recent
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Newsletter 98 - 02/12/2016
medium-term fiscal targets beyond 2018 are met. The privatisation process for the Hellenic Gas... to collect revenues of 188 million from the DESFA privatisation process. The stalled process has created a gap in meeting privatisation targets. The state of play of the Greek programme is the first item
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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeaturesby Greece as part of the successive bailouts, including but not limited to the privatisation programme. In the decade since its establishment in 2011, the privatisation fund HRADF has brought in close... euros already accounted for in H1. These include major privatisation deals like the acquisition of 49
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Newsletter 119 - 19/05/2017
and in indirect taxes by 275 million to 26.72 billion. In contrast, privatisation proceeds were... refunds) outperformed the target by 542 million, but lower privatisation revenues and higher tax refunds... estimates for 2017. The budget primary surplus (on a modified cash basis) for 2017 was upwardly revised
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Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
EconomyMacroeconomyreleased a first estimate of the overall GDP figure for 2018, showing that it grew by 1.9 percent...’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... by 7.5 percent, meaning that the initial figures for 2018 have beaten this estimate. Imports of goods
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Newsletter 292 - 09/04/2021
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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GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
EconomyMacroeconomythe 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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