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Newsletter 346 - 15/07/2022
outlook for Greece in the latest summer forecasts, but the latest estimates also reflect the tight grip inflation has on the Greek economy. According to the latest estimate, the Greek economy will grow by 4 pct this year, up from the previous estimate of 3.5 pct in the spring forecasts at the end of May
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ELSTAT revises nominal 2015 GDP contraction to 1.3 pct
EconomyMacroeconomyIn its second estimate of the annual national accounts for 2015, the Hellenic Statistical Authority... billion euros, 2.38 billion above its previous estimate, while 2013 nominal GDP was slightly upped... initially estimated, while real GDP contraction remained unchanged at 0.2 percent. The revision
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ECB stress tests and what they will mean for Greek banks
Economyof the financial health of 130 banks in the euro area at noon (CET) on Sunday. In the two weeks... whether the ECB and EBA will incorporate the full capital benefit (estimated to be close to 2 billion... of the untapped HFSF capital (estimated to be above 10 billion) to the ESM so that it can form the basis
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Our most popular stories in 2014
Agoraof homes being rented by owners to others for no fee. Another interesting finding relates to the area..., the government is estimated to have collected more than 2.5 billion euros from Greek taxpayers.... It is estimated that 1 million houses in Greece were built after 2000 but only 10 percent is inhabited
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Finance Ministry outlines plans for making savings, increasing revenues
EconomyProgrammein Parliament earlier this month, Mardas estimated that the streamlining of all public procurements will result in cost savings of up to 25 percent. The second area of intervention involves fuel... to tobacco smuggling are estimated at 800 million euros, while measures targeting their illegal trade could
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Newsletter 49 - 30/10/2015
in this area. Other rumoured alternative measures relate to a rise in excise tax on cigarettes... into an estimated recession of at least 1.3 percent of GDP for the year. Tsipras’s own failings have... to beat to the punch start hitting home. It is estimated that the changes to VAT rates, which were
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BoG report highlights need for programme implementation, political consensus
EconomyGreece’s investment to GDP ratio and the euro area average 8) Maximising the value of state real estate... aid of 5.4 billion, led the capital adequacy ratio of Greek banks at an estimated 18.1 percent above... quarter, the NPE ratio is estimated to increase by 2pp, which is almost equal to that recorded
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Newsletter 258 -07/17/2020
to 853 permits. The corresponding surface area fell by 21.8 percent while volume fell by 18.7 percent... land the government with an estimated bill of 400 million euros. Pensioners who have not appealed.... It is estimated that the total bill for backpay could reach almost 4 billion euros, which
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Newsletter 391 - 01/09/2023
and surrounding area in the region of East Macedonia and Thrace had been destroyed. The extent... of the worst summers in Greece’s history in terms of the damage caused by wildfires. It is estimated... programme and has kept topped up since. It is currently estimated at more than 35 billion euros
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PM convenes emergency meeting to work out tariff response strategy
PoliticsGreek PoliticsYannis Stournaras said Trump's tariff measures could slow euro area growth by 0.5 to 1 percentage points... 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
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