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Newsletter 392 - 08/09/2023
. According to an estimate from the National Observatory of Athens, 72,000 hectares of land has been... tourism that will boost the traditionally strong Q3, it is believed that the estimates of 2.3 pct... policies, which pushed up interest rates by more than 400 basis points, it is estimated that one more
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Mitsotakis makes new bid to break deadlock with farmers as govt ponders relief measures
PoliticsGreek Politicsas the government grapples with farmer protests and broader cost‑of‑living pressures. In the vote estimate..., the Finance Ministry is taking a conservative stance and estimates that there is fiscal space of 800 million euros for next year, with the emphasis on the self-employed and tax on rents. It is estimated
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Greece's labour market is austerity's biggest casualty
Agoraa conservative estimate of 20,000 job losses in the accommodation and food service activities, the Greek... and the recession does not exceed the finance ministry’s estimates) and the revenue side of the budget... jobs lost, an estimated 200,000 properties in stock, the state repeatedly reducing the public
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Newsletter 101 - 23/12/2016
of reforms and privatisation measures. BoG upgraded its macro estimates, which now point to a marginal GDP growth of 0.1 percent in 2016 from a mild recession of 0.3 percent in its previous estimate... estimated that the increased use of plastic money in Q3 2015 explains the increase in VAT revenues by 600
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Multiple potential benefits await Greece if it can clinch QE eligibility
EconomyFeaturesrange is applied on a rolling basis. On the back of those restrictions, we estimate that the eligible... estimates on the correlation between government bond yields, credit ratings and monetary policies... is delayed significantly, the impact on bond yields would be lower than initially estimated and would
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Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
EconomyProgrammeis estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2 percent... from the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent
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Newsletter 435 - 04/10/2024
once again to revise down its growth estimate for this year to 2.2 pct, when in the final 2024 budget... growing by 6.7 pct this year. Real GDP growth estimates also moderate further from 2027, when... years is due to receive some sizable military orders estimated at 4 billion euros for warships
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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomythe economy to grow by 0.6 percent this year. After today’s flash estimate and revisions, this means... the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9... the initial estimates of 19 million visitors in spite of the decline in visitors from Russia
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OECD sees recession in 2015-16, stresses need for reform implementation
EconomyMacroeconomyits jobless estimate for 2016 was kept broadly unchanged at 24.8 percent. Greece will remain...In its latest economic forecasts published on Monday, OECD revised downward its GDP estimates... previous estimates in early June, the OECD projected a growth of 0.1 and 2.3 percent respectively. The OECD
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S&P highlights risks for Greek banking sector
Economy2017. The rating agency reiterates its estimate for zero GDP growth in 2016 and strong rebound of 3... during the crisis weigh on Greek banks’ financial profiles. The rating agency estimates banks’ non... by the end of 2017. S&P estimates that credit losses will continue to exceed pre-provision income
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