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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammethat the European institutions estimate the 2016 fiscal gap slightly higher at 0.9 percent of GDP... the quadriga heads to return in the first ten days of March. He also confirmed that the estimates of the three...’ estimates mostly relates to a different assessment on the outcome of the already implemented
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomy, is expected to reach 1.09 percent of GDP in 2016, higher than both the draft budget estimate of 0.63... detailing the government’s fiscal and macro estimates for 2016 and 2017. The government’s initial forecasts were included in the draft budget that was tabled on October 3. Fiscal estimates The general
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General government bottom line continues to improve with moderate decrease in arrears
EconomyMacroeconomy) below 3 percent of GDP in 2013, beating the troika estimate of 4.1 percent. He also added that if Greece... consecutive month. Following this performance, we estimate the revenue shortfall has further narrowed
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Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicsapparently settled at 2.9 billion, which is well above the 2014 budget estimate of 812 million and even larger than Samara’s recent estimate that it would be “in excess of 1.5 billion”. The same source also
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Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
Economy. According to our initial estimate a month ago, the capital cushion would reach 2.3 billion euros... and Piraeus 3.26 billion. Following the recognition of additional DTA in Q2, our estimate for the banks
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Updated ELSTAT figures point to minor differences on fiscal data, slight rise in debt ratio
EconomyMacroeconomymillion higher than previous estimate. Furthermore, gg debt was also confirmed at 317.12 billion... estimate (published in November 2014) of 1.8 percent and the institutions’ fiscal target of 1.5
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ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt
EconomyMacroeconomylower than the April estimate. Even after the downward revision by almost 0.5 percentage points... stands at 311.67 billion, 221 million higher than the April estimate, and corresponds to 177.4
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European Commission positive on Greece's macro and fiscal prospects
EconomyMacroeconomyforecasts a modest growth of 0.3 percent in 2016, compared to a previous estimate for a mild recession... (from 22.2 percent), while its estimate for 2018 remained unchanged at 20.3 percent. Meanwhile, prices
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Clearer picture emerging ahead of stress tests, banks appear confident
EconomyBankingbankers estimate that by the time the stress tests, which were brought forward to satisfy... realised. According to local media, Greek banks estimate the IFRS 9 standard to result
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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economyreal growth slowing down to 1.2 percent by 2027, compared to the European Commission’s estimate range of 0.6 - 2 percent, and the IMF’s estimate of 0.9 percent. Fitch welcomes the developments
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