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  1. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    is attributed to the delay in the payment of two property tax (ENFIA) instalment of a total amount... interventions agreed in the context of the last MoU. The total fiscal impact stands at 6.38 billion... a total of almost 4 billion in the 2-year period making up 62.4 percent of the anticipated fiscal impact

    6%
  2. Banks reveal new capital structures, ex-bondholders sell shareholdings

    Economy

    bailed in will now hold shares making up 2.2 percent of total. On the flipside, the share of foreign... number of 169.2 million. This corresponds to 11.01 percent of the total compared to 66.25 percent... shares, while bondholders that took shares in the LME hold 32.89 percent of total shares. Before

    6%
  3. Newsletter 183 -16/11/2018

    Newsletters

    in the Greek media. Of the total, 25 billion are earmarked for sale or securitisation, 10 billion are due... in circulation rose by 128.7 million euros in October to total 31.88 billion. 2 Budget primary... of total liquidity at 73 percent. Greek banks’ Eurosystem funding increased by 974 million euros month

    6%
  4. Chasing investment, the Greek dream
    Photo by MacroPolis

    Agora

    period, total spending on investments increased again to a peak in 2007 that exceeded 17 billion... of construction represented 70 percent of total spending. This was dominated by house building, which ranged... the circumstances. Investments in other buildings and structures dropped from 2.2 billion euros

    6%
  5. Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
    Photo by Panayotis Tzamaros/Fosphotos

    Features

    generates an indirect contribution of 1.20 euros, resulting in a total generation of 2.20 euros. This equals a multiplier effect of 2.2. According to the IOBE multiplier, in 2018, tourism directly... a year-on-year rise of 8.7 percent compared to 2016, the total for 2017 represents a decline

    6%
  6. Trump's tariffs create gloomy economic environment for vulnerable Greece
    Image: MacroPolis

    EconomyMacroeconomy

    exports had a difficult time in recent years, as total exports continued to decline, falling by 2.2 pct... vehicles to the US, which in 2023 reached a total of over 40 billion euros, representing roughly a quarter of EU total car exports. The EU’s total iron and steel exports in 2024 came to 32.3 billion euros

    6%
  7. Industrial production increases by 7.2 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent of the total index. Moreover, water supply production rose by 2.1 percent, while manufacturing production, which holds the lion’s share of IPI, edged up 1.1 percent. In contrast, mining and quarrying production declined by 5.7 percent, but accounts for only a fraction of the total index

    6%
  8. Newsletter 136 - 20/10/2017

    Newsletters

    the perceived lack of tangible results from the trip. would only pay 1.1 billion euros of this total... at a total cost of 2.4 billion dollars. The agreement was announced by Trump after his meeting with Tsipras... percent compared to the 0.2 percent estimate. In nominal terms, the economy in 2014 contracted by -1.1

    6%
  9. Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
    Photo by MacroPolis

    EconomyMacroeconomy

    in the MTFS assumptions. Private consumption is expected to grow by 1.1 percent, from 1 percent... improved by 290 million. Total net revenues are expected to reach 53.3 billion euros vs a target... billion euros. Expenditure in 2018 is expected to be broadly in line with the target. The total is due

    6%
  10. Newsletter 200 -29/03/2019

    Newsletters

    an increase in the total amounts owed by taxpayers from 183 billion euros in 2014 to 223 million euros now.... On an aggregate basis, total state budget revenues came to 8.46 billion euros, bettering the target... 2017, consumer confidence has improved notably by 20.5 points. Industry confidence fell by 1.1 points

    6%