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Newsletter 15 - 13/02/2015
institutions and Greek government estimates of 0.6 percent. The slight growth in GDP bet troika... for Greek banks peaked to 124 billion in May 2012. It is estimated that the bulk of this collateral... at a significantly slower pace compared to those recorded in the week before the elections. It is estimated
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Finance Ministry targets 3 bln from unpaid taxes
EconomyMacroeconomyon 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... settlement process over a 7-year horizon, with estimated revenues of 3 billion in the first year. Valavani
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Newsletter 61 - 05/02/2016
, 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... estimated that the direct costs of the impact of the refugee crisis on the country’s fiscal position
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Newsletter 74 - 20/05/2016
loan defaulters. Various estimates point to about 20 percent or even more than 30 percent... for the automatic fiscal adjustment mechanism. The majority of the estimated incremental revenues from... exposure of banks reached an estimated 360 billion euros, equivalent to a fifth of GDP, in 2015
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Newsletter 77 - 10/06/2016
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... for the development of Athens old airport is estimated to create 10,000 direct jobs. it is expected to employ
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During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
Societyby the University of Macedonia in Thessaloniki, estimates that just under 1.65 million people in Greece... estimated the extreme poverty threshold ranges from 182 euros per month for a one-person privately... estimated to live below the threshold, while the poverty gap of those remaining below the mark would
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Greek expats generating 9.1 bln in taxes abroad each year, study suggests
Societyestimates that Greek expats have generated a total of more than 50 billion euros of GDP in their new countries since 2008. In addition, the Greek state is estimated to have invested more than 8 billion... the beginning of 2018, Endeavor Greece has now estimated that the brain drain reached 350,000 over
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Fiscal Council adopts 2017 budget forecasts with three reservations
EconomyMacroeconomythat the government projection of a strong GDP rebound of 2.7 percent next year stands above consensus estimates... contribution for public servants. In addition, pension expenditure is estimated to rise by 5.75 billion euros... income tax estimated to increase by 14.5 percent to 9.17 billion euros, VAT by 5.2 percent to 15.48
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Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows
EconomyMacroeconomy, it is estimated that it also results in an improvement of the long-term collectability by 0.4 – 1.7 percent. Based on those estimates, the BoG concludes that the increased use of cards in Q3 2015... 2016, while the effective rate is estimated to have increased by 1 percentage point due
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Rating agencies concur in improved prospects for Greece
Economyfiscal path with its creditors. The range of primary surplus estimates for the 2017-2020 period... this year with an estimated 1.5-1.6 percent growth leading up to 2.7 percent in 2019 and 2020 as estimated by S&P. The near-term macro outlook is built on an expected boom in investments that, thanks to EU
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