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  1. European Commission's DSA reveals serious concerns over debt sustainability, need for relief
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    points (pp) after 2022 and leveling off at 2.2 percent as of 2025. In its most recent DSA, the IMF... billion. Furthermore, market rates are estimated at 5.1 percent in 2019, increasing to 5.5 percent... between 2019 and 2060, while primary surplus is estimated at 2.3 percent in 2023 – 2060

    6%

  2. Retail sales drop by 1.7 pct in November, corresponding volume falls 2.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2.2 points. For November, the indicators showed that consumer confidence improved by 0.2 points... percent compared to last year. December 2017 sales are estimated to reach 4.09 billion euros, from 4.03 billion in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion

    6%

  3. VAT gap remains high as non-compliance overtakes revenue rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    , including revised figures for the years leading up to 2017. In Greece, VAT revenues rose by 2.2 percent... and the estimated VAT amount that is theoretically collectable based on legislation. The latter is called... across the EU in 2017 is estimated at 137.5 billion, equal to a loss of 11.2 percent of the total

    6%

  4. PM convenes emergency meeting to work out tariff response strategy
    By Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    continued to decline last year, falling by 2.2 pct after a decline of 8.5 pct in 2023. This further fall... of Greece estimated that a 10 pct tariffs on EU goods, rather than the 20 pct imposed by Trump, would... estimated that a blanket US tariff of 25 pct on European imports would lower euro zone growth by 0.3

    6%

  5. A breakdown of the funding needs involved in Greece's third bailout

    EconomyProgramme

    are forecast at 2.5 billion euros for the three-year period, higher than the IMF’s estimate of 1.5 billion... billion, which is its official estimate for the net financing gap. Other funding sources could involve... a primary surplus of 3.5 percent of GDP by 2018, the commission estimates that the primary balance

    6%

  6. Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row

    Economy

    significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan.... According to the 2014 draft budget tabled in Parliament on October 7, Greece estimates a small gg

    6%

  7. Greece enters second year of deflation as CPI falls 1.3 pct in March

    EconomyMacroeconomy

    and hotels, cafes and restaurants showed a decrease in prices ranging from 2.2 to 2.7 percent. The latter... years. The latest estimates by the Finance Ministry, the European Commission and the IMF point

    6%

  8. Imports soar by 7 pct in March as exports rise for first time since Sept

    Economy

    , the 12-month trailing index points to a 3.3 and 2.2 percent drop in imports and exports respectively...Greece’s imports rose by 7 percent to 3.97 billion in March, a much faster pace than February’s increase of 2.3 percent, according to the flash estimates released by Hellenic Statistical Authority

    6%

  9. Greece's C/A deficit for March drops sharply to 44.4 mln

    EconomyMacroeconomy

    marginally improving from 2.4 percent of GDP in 2013 to 2.3 percent in 2014 and 2.2 percent in 2015.... decades. In its latest World Economic Outlook, the IMF estimates that the C/A balance will remain

    6%

  10. Eurobank reports loss of 186.6 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    grew by 0.8 percent QoQ decelerating from the 2.2 percent posted in the previous quarter. This quarter... and housing loans. The management estimates zero deleveraging in Q4 and positive credit growth

    6%