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BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
EconomyMacroeconomyof 2018. Following two recessionary years, the BoG estimates a strong GDP rebound of 2.5 and 3... and gradual restoration of confidence. The BoG estimates growth of 10.8 and 12.1 percent... recovery of demand and the impact from the indirect taxes. BoG estimates that the impact of the rise
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EC lowers growth forecasts, sees fiscal targets within reach
EconomyMacroeconomyforecasts published on Thursday. As expected, the EC revised its GDP growth estimates downwards for 2017... at the same rate as in 2017 by 1.4 percent. Meanwhile, the EC upped its unemployment rate estimates...). Furthermore, the EC noted that its fiscal estimates do not incorporate the ongoing revenue administration
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What is in SYRIZA's 3-pillar programme to overcome the crisis?
Economyimpact of the recession and austerity measures. Its cost is estimated at 1.86 billion euros. The key interventions involve: 1) Subsidized meals for 300,000 poor families (estimated cost at 756 million). 2... security contributions with an estimated cost of 6.5 billion euros, which is the highest of the three
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A closer look at Greece's revised proposals to lenders
EconomyProgrammeand 1.3 percent of GDP respectively. These measures mainly aim to cover the higher fiscal gap estimated... percent, with estimated revenues of 450 million in 2016. 2) Taxation of 30 percent on gross gaming revenues of VLTs with estimated revenues of 35 million in 2015 and 225 million in 2016. This relates
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Greek economy surprises in Q3, eases by a marginal 0.5 pct
EconomyMacroeconomyStatistical Authority (ELSTAT) flash estimates displayed on Friday. The headline figure for Q3 indicates... flash estimates will be revised upon the release of provisional estimates on November 27, also taking... as well as the turnover indices for the service sectors. The flash estimates also showed GDP slipped
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Newsletter 34 - 10/07/2015
estimates for 2015. Even before the imposition of capital controls, the rating agencies were projecting... increasing the corporate tax rate from 26 to 28 percent, with estimated revenues at 260 million in 2016... on pensions, which means restoring previous cuts at an estimated cost of 1.5 billion euros. From what
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Greek tourism's long-term growth prospects are good, report shows
EconomyMacroeconomyto grow by 2.2 percent in 2016, with estimated international tourist arrivals at around 25 million. WTTC estimates arrivals will reach almost 38 million in 2026, generating expenditure of 23.3 billion...) in 2015 and is estimated to fall by 0.5 percent to 13.2 billion in 2016, according to the annual
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Time running out for Golden Visa as housing problems increase
Agoralast week, Piraeus Bank estimates that during the crisis some 197,000 new households were created, against an estimated 155,000 new properties built in the 2012 to 2022 period. This imbalance of roughly... focused on securing as much revenue as possible from the segment. An estimated 5.54 billion euros
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Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
EconomyMacroeconomy, the Hellenic Statistical Authority (ELSTAT) flash estimates revealed on Tuesday. The headline figure for Q4... it started to rebound in the next two quarters. ELSTAT said flash estimates are expected to be revised upon the release of provisional estimates scheduled on March 6 including updated figures for December
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economyspending, thanks to various support initiatives that the Commission estimates at 6.9 pct of GDP... months and the exposure to travel restrictions makes its estimates subject to downside risks as even a small extension of those restriction will have a disproportionately large effect on the estimates
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