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  1. For better or worse: Greece's bailout exit deja vu
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    and estimates, Greece was expected to save an additional 1.7 to 2 billion euros annually over the period... on current policies Greece would need 2 percent of GDP in measures to sustain the 3.5 percent primary... a fiscal gap of 1.1 percent of GDP, or 2 billion euros. This meant that if Samaras wanted to close

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  2. Newsletter 172 -27/07/2018

    Newsletters

    between 2 percent and 2.5 percent over the next three years, with the potential of stronger growth... and came to 1.12 billion euros, whereas outside of the EU receipts dropped by 2 percent to 312 million... and revenue for Greece as competition picks up in neighbouring destinations. 2 Primary surplus

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  3. Eighteen core goods led exports during crisis, NBG study notes

    EconomyFeatures

    the crisis years to hold a 2 percent global market share. Across the years of the crisis, basic... period, the rising export category managed to double its market share to 2 percent in 2017. Other... of 2 billion euros. The GDP contribution from the rest of the export base declined by almost 80

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  4. NBG remains profitable in Q2 with net results of 21 mln
    Photo by MacroPolis

    EconomyBanking

    of 2.1 billion euros and write offs of 3.4 billion euros, of which 2 billion went on to be sold... peers. Management noted the disposal of 2 billion euros in unsecured retail NPLs at a consideration.... On an aggregate basis, expenses showed an increase of 2 percent. The increase reflects seasonality

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  5. Newsletter 174 -14/09/2018

    Newsletters

    , after April’s rise of 2 percent. Last year, the index remained consistently positive. Month-on-month... trip rose by 0.6 percent to 498 euros compared to 495 euros for the same time last year. 2..., the index fell by 0.4 percent quarter-on-quarter (QoQ) after having risen by 2 percent in Q1.The

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  6. Newsletter 175 -21/09/2018

    Newsletters

    the responsibility for collecting this tax to the local government from 2021. He said that the 2 billion euros... that savings of 2 billion euros of savings could be made over a period of two years. Mortgages play... capital controls eventually lift. 2 Primary cash surplus up to 16.76 bln in Aug Improved revenues

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  7. FinMin sets out how it would alter policy mix to prevent pension cuts
    Photo by MacroPolis

    EconomyMacroeconomy

    . The issue of savings worth 2 percent of GDP for the post-programme period was pivotal.... As such, the IMF argued that this required additional savings of 2 percent of GDP, which would come from 1... at their disposal an expansionary package worth close to 2 billion euros of spending with the lion’s

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  8. Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in consumption tax to 6.34 billion, while VAT revenues also rose by 2 percent to 11.86 billion. On a monthly... reached 1.27 billion. The MoF is targeting privatisation revenues of around 2 billion euros... the target by 155 million. Overall, in the first nine months of the year, expenditure increased by 2

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  9. EC autumn forecast lowers growth for 2019 on pending budget finalisation
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    for the purpose of this forecast, Greece is expected to grow by 2 percent in 2018, slightly higher from the 1.9 percent previously. Growth next year is seen at 2 percent, from 2.3 percent previously although... to 2.3 percent growth. Growth for 2020 is also seen at 2 percent. Although investment is expected

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  10. Newsletter 186 -07/12/2018

    Newsletters

    in bonds maturing in 2019, while the repayments to the IMF amount to just short of 2 billion euros...’s growth to 1.7 percent. On an annual basis, GDP growth has stayed above 2 percent for four out... of a Strategic Investment should not exceed three years from the date of the ministerial decision 2

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