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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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Asking Greece to stack more austerity measures ignores past failings
Agorabillion euros. (Table 2.2). Greece’s programme started going off track early in 2011 when it became... (Table 2.2, in Greek). This meant that in three years, Greece implemented close to 40 billion euros... the deficit was estimated at 12.7 percent. Contrary to the popular belief that Papandreou’s government
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Government seeks to appease banks over ADMIE privatisation
EconomyMacroeconomythat they had granted, along with Attica Bank, a medium-term syndicated bond loan of 2.2 billion euros...’) existing contractual rights” deriving from the 2.2 billion syndicated loan since “through... estimated value stands at 491.84 million euros and this amount would constitute the share capital
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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomyloans. Corporate NPEs came to 50.7 billion, bettering the target by 2.2 billion. Residential NPEs... percent from Q2 2017 until the end of 2019, which is more ambitious than the initial target by 2.2... of 2019. Most of the estimated NPE and NPL reduction is back-loaded and is expected to be implemented
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Newsletter 188 -21/12/2018
. Monthly gross revenues rose by 2.2 percent YoY to 4.96 billion, declining from revenues of 5.23... by 2.2 percent YoY to 4.96 billion, declining from revenues of 5.23 billion euros in October... referred the matter to the court’s plenary because of the seriousness of the case. It is estimated
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Newsletter 219 -13/09/2019
. Wages index up by 2.2 pct in Q2 Quarter-on-quarter movement shows a drop of 0.1 percent Greece’s seasonally adjusted (SA) Wages Index rose by 2.2 percent year-on-year (YoY) in the second quarter (Q2... contributions, which is set to begin next summer, has an estimated cost of 200 million euros. The total
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Newsletter 318 - 26/11/2021
the primary balance reaching 2.2 pct of GDP in 2024, and to remain at that level until 2060. Nominal GDP... percentage points against the baseline, and the refinancing yield is seen at 2.2 pct until the end..., there are to be payments of 250 euros to an estimated 800,000 low-paid pensioners and 173,000 registered
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Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
EconomyMacroeconomypct in 2023. Exports of goods and services growth is expected to accelerate to 6.3 pct, from 2.2 pct... in imports is also seen doubling to 4.5 pct, from 2.2 pct in 2023. This will bring nominal GDP... that investments did not meet this year’s expectations as they grew by 8.3 pct, when 16 pct was estimated
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Newsletter 466 - 13/06/2025
growth rate in Q1 came to 2.2 pct, which is in line with the Finance Ministry’s growth projection... by a more modest 0.7 pct YoY. Total exports also grew by 2.2 pct YoY, while imports also rose by 2.4... of those events that has taken the domestic housing market on crisis mode as there is an estimated 200,000
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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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