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Turnover in tourism sector up 7 pct in Q4, increasing by 9.9 pct in 2017
EconomyMacroeconomyarrivals. Average expenditure per trip in 2017 rose by 1.4 percent to 521.1 euros compared to 514.1 euros... to BoG, tourism figures for 2017 have exceeded SETE’s estimates. Furthermore, travel receipts were... of 14.6 billion euros across the year, slightly surpassing estimates.
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Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
EconomyMacroeconomynumbers was not reflected in higher revenues to match, as the average expenditure per trip fell... that according to BoG, tourism figures for 2017 exceeded SETE’s estimates. Furthermore, travel receipts were... expenditure of 14.6 billion euros across the year, slightly surpassing estimates.
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Newsletter 249 -08/05/2020
cover the 2020-2023 period, but this year due to the pandemic impact will cover 2020 and 2021 per.... Government spending, thanks to various support initiatives that the Commission estimates at 6.9... to -2.1 percent of GDP in 2021. Gross debt estimates by the Commission reach 196.4 percent of GDP
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Finance Ministry targets 3 bln from unpaid taxes
EconomyMacroeconomy) per month. The new tax bill will allow any unpaid taxes created until the end of 2014 to be settled... on SYRIZA’s estimates. The effective unpaid tax debt of 9 billion mainly involves obligations... and methodology, Valavani unveiled that the effective (recoverable) unpaid tax debt is estimated
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Newsletter 61 - 05/02/2016
would be in the tune of 0.3 to 0.4 per cent of annual GDP. Translated into euros and cents..., the commission aligned its GDP growth estimates with the government forecasts, which call for zero... will to stay in office Around 40,000–50,000 people are estimated to have taken part in Thursday’s
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Newsletter 77 - 10/06/2016
million tourists per annum. In an interview with Bloomberg on Wednesday, the Finance Minister Euclid... remained steadily in deflation for 39 months since March 2013, with official estimates pointing... in the initial contract. The development of the project, one of the biggest ever in Greece, is estimated
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A breakdown of the funding needs involved in Greece's third bailout
EconomyProgrammeare forecast at 2.5 billion euros for the three-year period, higher than the IMF’s estimate of 1.5 billion... billion, which is its official estimate for the net financing gap. Other funding sources could involve... a primary surplus of 3.5 percent of GDP by 2018, the commission estimates that the primary balance
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomythat the Q4 QoQ rate was downward revised for the -0.2 percent flash estimate released on February 13... previous estimate last November and is attributed to domestic political uncertainty and a weaker... percent in Q3. According to the flash estimates, Q4 GDP had grown by 1.7 percent. Q4 growth rate
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Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomygrowth estimate of 2.7 percent to 1.8 percent for 2017. The key drivers for the anticipated rebound... Thursday. It did, however, lower its previous estimate from 2.7 to 2.1 percent. The downward revision... Statistical Authority (ELSTAT) flash estimates revealed on Monday. Although the decline is marginal
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The measures Greece is proposing to secure troika's return
EconomyProgrammemillion per annum. c. Reduction in the pensions granted to family members, who are already pensioners... with estimated revenues at 350 million. The Finance Ministry (MoF) acknowledges that this measure would seriously... at 2015 levels. Cost savings are estimated at 50 million euros for 2016 and 140 million for 2017. MoF
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