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  1. BoG report highlights economic challenges, proposes way forward
    Photo by MacroPolis

    Economy

    . Over the coming years, BoG sees growth of 1.9 percent this year, 2.1 percent next year and 2.2 percent... that the European Commission estimated in its latest post-programme report in the volume of 1 percent

    10%
  2. Newsletter 224 -25/10/2019

    Newsletters

    billion, with around 2.2 billion in short-term loans. Government revenues in 2018 were up to 88.57... can prepare to share out the additional surplus from this year’s budget, which has been estimated

    10%
  3. Piecemeal process likely in drive for more fiscal space
    Photo by MacroPolis

    EconomyProgramme

    that could further push the goal down to 2.2 or 2.5 pct. The Public Debt Management Agency and Council... be transferred from one year to the next. This will create an estimated 0.3 pct of GDP extra fiscal space. New

    10%
  4. Exposure to tourism sector a concern for banks despite effort to save season
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    . From the total, 14.7 billion euros were considered performing, of which 2.2 billion euros were... for the tourism sector totalling 750 million euros. The bank’s loans to the tourism sector are estimated at around

    10%
  5. Receipt losses near 5 bln in first six months as June tourism figures disappoint
    Photo by MacroPolis

    EconomyMacroeconomy

    in the first six months of the year and came to 2.2 million visitors. The aggregate breakdown..., extrapolation factors were estimated for main traveller flows per type of border-crossing point, using

    10%
  6. Travel balance falls by 70.9 pct in September as 12.6 bln in receipts vanish in aggregate
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    to 2.86 billion, reflecting a fall of 79.6 percent YoY. Average expenditure per trip dropped by 2.2... methodology. For the period 16 March-30 June, extrapolation factors were estimated for main traveller flows

    10%
  7. Govt treads carefully on economic relief measures, hoping normality is near
    Photo by MacroPolis

    PoliticsGreek Politics

    . The industry also argues that it has a multiplier effect of 2.2 so its impact on the wider economy... is estimated at 30 million euros. There is also a 42-million-euro liquidity injection of up to 8 pct

    10%
  8. Govt counts cost of own energy package as hopes of coordinated EU response fade
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    PoliticsGreek Politics

    . The measures are equivalent to 2.2 pct of GDP, compared to 0.5 pct of GDP for 2021. There have also.... The total cost is estimated at 5 billion euros, 2.5 billion for each phase. Funding for 2022 will combine

    10%
  9. Record FDI flow into Greece raises bar, but is it sustainable?
    Image: MacroPolis

    EconomyFeatures

    , when Crédit Agricole’s ill-fated acquisition of Emporiki Bank for 2.2 billion euros brought in just.... A recent study estimated that golden visa-linked purchases in 2018 accounted for one third

    10%
  10. Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 2.2 pct this year. CPI and HICP will converge next year to 2.6 pct, from the 4 pct region... debt sustainability. The Greek economy is estimated to grow by 2.9 pct next year, from 2.4 pct

    10%