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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
EconomyBankingestimate that the pandemic will leave a legacy of around 5 billion euros in new bad loans. This is after... in the plans sent to the SSM in September. Under the baseline scenario, the four systemic banks estimate... of the securitisation, for which state guarantees will be offered, is estimated at 3 billion euros. NBG
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Newsletter 270 -23/10/2020
estimate for the national accounts and the regular cycle of base year revision that takes place every five... to 2015, from 2010. The second estimate of the previous year usually includes the use and update... Ministry has estimated this year’s recession at 8.2 pct, this was already by some margin more bullish than
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Newsletter 419 - 05/04/2024
, there is a critical mass of evidence that the Finance Ministry’s estimate of 2.9 pct will likely be out of reach. The Parliamentary Budget Office (PBO) this week released its latest estimate... per cent. The number of undecided voters is estimated at 14 pct. New Democracy is aiming
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IMF leaves growth and fiscal estimates for Greece unchanged in latest outlook
EconomyMacroeconomyGDP estimates were virtually unchanged with growth seen at 2 pct, from 2.1 pct expected previously... estimates of a total deficit of 0.3 pct last year and 0.5 pct of GDP in 2025, marginally rising to 0.6... pct in 2025, from 49.5 pct of GDP in 2024. The IMF uses a different methodology and its estimates
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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomyeconomy growing by 2 pct this year and in 2026, with both estimates below the outlook the Greek... and accelerate to 2.4 pct next year. The estimates are marginally improved from the World Economic... to 1.4 pct of GDP all the way to 2030. This is a slight deviation from the Greek authorities estimates
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Newsletter 135 - 13/10/2017
percent July estimate. On the fiscal front, the IMF estimates in its Fiscal Monitor - also published...IMF delivers growth, fiscal estimates Projections differ from Greece and lenders, while Athens... of 0.2 percent of GDP in 2017, and -0.1 percent in 2018. The estimates are broadly in line
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Study estimates tax evasion costs taxpayer up to 16 bln annually
EconomyTax evasion in Greece is estimated to range from 6 to 9 percent of GDP, involving tax losses from... as a result of alcohol, tobacco and fuel smuggling, as well as corporate tax evasion, is estimated... to 2010, the Greek shadow economy was estimated at 27 percent of GDP, well above the OECD average
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeaturesto estimate the impact of the coronavirus on the country’s vital tourism industry. The study examined..., INSETE estimates that the loss of tourism revenue this year will be extensive, since the second... estimates that spending on international flights is expected to drop by 88 percent for the British market
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Ring of Fire
Agoraover the last few years as our anguish, anger and hate has poured onto the streets of Athens and other
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Greece in danger of repeating familiar mistakes with Golden Dawn
Agorain December have all caused anger and anxiety, prompting many Greeks to seek easy answers
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