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  1. Newsletter 410 - 02/02/2024

    Newsletters

    . Bar 2020, when Covid emerged, the Golden Visa scheme received more than 4,000 applications per... for the best part of a decade. In a study this 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

    5%

  2. Newsletter 474 - 05/09/2025

    Newsletters

    to €500 per year, while those near the top bracket may gain as much as €1,200. The total cost to the public purse is estimated at €1.2 billion once fully implemented. Initial estimates placed the full

    5%

  3. Government unveils 2.5 bln plan to avert water shortages, prompts opposition pushback
    Photo via www.eydap.gr

    PoliticsGreek Politics

    with capacity of about 87.5 million cubic metres per year and a complementary transfer pipeline... hurdles are immediate. The projected 2.5 bln outlay — and broader estimates of more than 10 bln... in recent years, and Greek authorities previously estimated large long‑term deficits without

    5%

  4. EC doubles 2023 growth forecast to 2.4 pct, affirms 2.5 pct of GDP primary surplus next year
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    in the previous estimate in February. Although growth is seen slowing significantly from the 5.9 pct recorded last... estimate for 2024 is revised slightly down to 1.9 pct, from 2.4 pct in the previous estimate, as Greece

    5%

  5. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the service sectors, which were not available at the time of the flash estimate. The GDP... estimate, which showed mild growth of 0.3 percent. Following the Q4 performance, the aggregate..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday. The headline figure

    5%

  6. S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March

    Economy

    growth of 3 percent per annum in 2017-19. For 2016 in particular, the key drags to GDP involve: 1) Banks having to clean up their balance sheets from the huge stock of non-performing loans estimated at 46... in investments by an estimated 12 percent, while the net job increase reinforces expectations that unemployment

    5%

  7. Clock ticks on bailout review but big gaps remain between Greece, lenders

    EconomyProgramme

    of a new tax of 0.05 euros per column in OPAP games as of the beginning of 2016 with estimated... unconstitutional the pension cuts imposed in 2012. This is estimated up to 2 percent of GDP or 3.7 billion... for farmers (estimated revenues at 32 million), reform in the income tax code (150 million

    5%

  8. Greece digests EU-US trade deal amid mixed reaction
    Photo by EC - Audiovisual Service

    Economy

    at 250 billion euros per year during the Trump term in office. The 50 pct tariffs on steel... estimated for the EU for this year and next, in the region of 1 pct, the new trade deal could trim up... on Greek products. Earlier in the year, the Bank of Greece estimated that US tariffs on Greek goods of 10

    5%

  9. Here's why IOBE think tank sees Greek economy growing 0.7 pct this year

    Economy

    The larger part of the crisis is already behind us and the official estimate for a GDP rebound... retreating this year by 2 to 3 percent (from a previous estimate that they would rise by 5 to 8 percent), yet... components are quite different compared to the official projections as well as its previous estimates

    5%

  10. IMF sees 0.6 pct primary deficit in 2015, lowers debt forecast below 180 pct

    Economy

    previous estimate of 0.5 percent released last October. The IMF estimate stands below the programme...In its latest Fiscal Monitor report, the IMF refrained from providing its estimates on Greece’s... partners. In addition, the IMF stressed that for 2015, data reflects its preliminary estimates

    5%