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  1. Newsletter 135 - 13/10/2017

    Newsletters

    percent July estimate. On the fiscal front, the IMF estimates in its Fiscal Monitor - also published...IMF delivers growth, fiscal estimates Projections differ from Greece and lenders, while Athens... of 0.2 percent of GDP in 2017, and -0.1 percent in 2018. The estimates are broadly in line

    9%

  2. Study estimates tax evasion costs taxpayer up to 16 bln annually

    Economy

    Tax evasion in Greece is estimated to range from 6 to 9 percent of GDP, involving tax losses from... as a result of alcohol, tobacco and fuel smuggling, as well as corporate tax evasion, is estimated... to 2010, the Greek shadow economy was estimated at 27 percent of GDP, well above the OECD average

    9%

  3. Covid-19 impact on tourism sector set to be extensive, report suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    to estimate the impact of the coronavirus on the country’s vital tourism industry. The study examined..., INSETE estimates that the loss of tourism revenue this year will be extensive, since the second... estimates that spending on international flights is expected to drop by 88 percent for the British market

    9%

  4. Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
    Photo by MacroPolis

    EconomyProgramme

    that the European institutions estimate the 2016 fiscal gap slightly higher at 0.9 percent of GDP... the quadriga heads to return in the first ten days of March. He also confirmed that the estimates of the three...’ estimates mostly relates to a different assessment on the outcome of the already implemented

    9%

  5. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , is expected to reach 1.09 percent of GDP in 2016, higher than both the draft budget estimate of 0.63... detailing the government’s fiscal and macro estimates for 2016 and 2017. The government’s initial forecasts were included in the draft budget that was tabled on October 3. Fiscal estimates The general

    9%

  6. General government bottom line continues to improve with moderate decrease in arrears

    EconomyMacroeconomy

    ) below 3 percent of GDP in 2013, beating the troika estimate of 4.1 percent. He also added that if Greece... consecutive month. Following this performance, we estimate the revenue shortfall has further narrowed

    9%

  7. Greece agrees with troika, looks to tranche release and redistribution of surplus
    Photo by MacroPolis

    PoliticsGreek Politics

    apparently settled at 2.9 billion, which is well above the 2014 budget estimate of 812 million and even larger than Samara’s recent estimate that it would be “in excess of 1.5 billion”. The same source also

    9%

  8. Updated ELSTAT figures point to minor differences on fiscal data, slight rise in debt ratio

    EconomyMacroeconomy

    million higher than previous estimate. Furthermore, gg debt was also confirmed at 317.12 billion... estimate (published in November 2014) of 1.8 percent and the institutions’ fiscal target of 1.5

    9%

  9. Newsletter 60 - 29/01/2016

    Newsletters

    a final estimate of the 2015 fiscal performance, the announced over-performance, which corresponds... than the institutions had forecasted a few months ago. A similar estimate for overall stable GDP... islands to prevent them simply moving on en masse to other parts of Europe. On this subject, a lot

    9%

  10. ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt

    EconomyMacroeconomy

    lower than the April estimate. Even after the downward revision by almost 0.5 percentage points... stands at 311.67 billion, 221 million higher than the April estimate, and corresponds to 177.4

    9%