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Draft budget sees stronger growth, fiscal targets being met
EconomyMacroeconomyto the labour force survey is projected to ease by more than 1 percentage point per annum and land...) is estimated to increase by 1.1 percent, following a 1.2 percent rise in 2017. Fiscal estimates... draft budget, which contains its fiscal estimates as well as the underlying macro assumptions. The MoF
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How Greece sleepwalked off a cliff in 2009, in black and white
Agora, when even the revised revenue targets for 2009 contained an estimate that revenues would grow by 14... their estimate of 2.5 billion euros in revenues. The expenditure disaster However, the true disaster lies... jumped by 18.1 percent vs an annual growth estimate of 9.8 percent. Based on first half of the year
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Newsletter 224 -18/10/2019
to the previous estimates that were released in April. The IMF sees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent. Next year’s estimate is unchanged. Despite the downward revision of this year’s growth estimate
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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomyexpenditure rose by 0.1 percent. ELSTAT also released a first estimate of the overall GDP figure for 2019... just short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019. This is subject to revision in the second GDP estimate which ELSTAT will release later in the year
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Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln
EconomyMacroeconomyin the travel spending per trip by 24.4 percent to 332 euros. BoG figures on the breakdown of incoming.... However, strong volumes were counterbalanced by lower travel spending per trip (-9.4 percent... at the main Greek airports remained strong in January increasing by 30.2 percent. SETE estimates
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Tourism could give economy annual 5 bln boost, NBG report finds
EconomyFeaturesexpense per day comes close to 70 euros (95 euros for those staying in hotels and 55 euros for the rest... hotels) has to be increased by 3.3 billion euros per year for the next five years, corresponding... compared to 40 percent for rival destinations. NBG estimates that broadening the tourism season would
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Newsletter 498 - 13/03/2026
, with oil prices in the region of 100 dollars per barrel - and the volatile energy market likely to persist... assumes oil prices of 87 dollars per barrel in the first half of the year and 71 dollars in H2... of Greece (NBG) estimates that if current conditions extend into April, they could trim half a percentage
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European Commission evaluates impact of bailout programme
EconomyProgrammewith those islands with highest income per capita and taking into account the proximity to Athens... of these islands have per capita income above the national average (sometimes by a wide margin), while other areas... period is estimated to stem from pension reforms (1.9 percent of GDP) followed by VAT (1.1 percent
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economyis expected to generate would reach 2.4 billion towards 2041 or 1.4 billion per year on average over... in the 25-year period or 563 million per year. The largest share (57 percent) of the anticipated tax... generation from the project operation and additional foreign tourism revenues, which are estimated
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomyof any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according... on an income of 25,000 euros and under per year paid just under 33 percent of all taxes. Just under 12 percent... costs for businesses in 2013 were estimated at 335 million euros, or 12.6 percent of the state’s
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