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  1. Newsletter 34 - 10/07/2015

    Newsletters

    for hours, to get just 60 euros per day from ATMs. Of course there are occasional arguments... 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

    6%

  2. BoG data shows drop in card usage in first half of 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    percent. The average number of transactions per card also showed a reduction, coming to 25 transactions... transactions came to an average of 26 transactions per card versus 32 in the previous period, while credit... value of transactions per card dropped by 19 percent compared to the final six months of 2018

    6%

  3. Debt, fiscal path still divide lenders ahead of Washington Group meeting
    Photo by IMF https://flic.kr/p/zBf1FT

    EconomyProgramme

    , and slightly lower at 1.8 percent next year. The estimate for this year is a substantial revision from the WEO estimate in October, when the Fund expected Greece to grow by 2.6 percent in 2018. This leaves the IMF some distance from the Greek authorities and the European Commission, which estimate

    6%

  4. Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the Stability Programme for 2022-2025, the growth estimate is revised down to 3.1 pct, from the 4.5 pct figure included in the final 2022 budget. The latest inflation estimate has also been pushed up... published in July, revised down its estimate for this year to 3.2 pct, from 3.8 pct in April

    6%

  5. IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    by 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly unchanged, with the growth estimate at 1.9 pct. The Fund remains significantly more conservative than the Greek Finance Ministry’s 2.9 pct growth estimate, which was the basis for the 2024 budget. The longer

    6%

  6. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    in the Stability Programme sent to Brussels in May, the estimate for 2024 was revised down to 2.5 percent, from the 2.9 percent that was the initial budget estimate. In the latest monetary policy report... from the previous estimate of 2.3 percent. In its growth forecasts, the Parliamentary Budget Office

    6%

  7. Newsletter 141

    Newsletters

    growth is seen at 1.6 percent from 1.8 percent previously, well below the initial estimate of 2.7 percent. The growth estimate for 2018 has been revised upward from 2.4 percent in the draft budget to 2.5... are substantially revised from the MTFS estimate of 187.75 billion for 2018. Unemployment has been

    6%

  8. Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
    Photo by MacroPolis

    EconomyMacroeconomy

    . The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct previously. The items revised down for 2025 compared to the previous estimate are investments that are now... will rise close to 261 billion euros, from 249.58 billion euros, against an initial estimate

    6%

  9. Approach to protests, policing poses a new quandary for government

    PoliticsGreek Politics

    portfolio from the Interior Ministry to the Justice Ministry amid concerns that Panousis and Interior Minister Nikos Voutsis did not see eye to eye. It was notable that Justice Minister Nikos

    6%

  10. Will Tsipras move to centre stage to secure deal with lenders?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    within the government, even leading to thoughts of removing Panousis’s portfolio from the Interior.... Interior Minister Nikos Voutsis and Alternate Minister for European Affairs Nikos Hountis

    6%