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Finance Ministry targets 3 bln from unpaid taxes
EconomyMacroeconomyto 3,000 euros stands at 1.6 billion (2.2 percent of total), while the respective figure for unpaid taxes... 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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Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgrammeproceeds for 2017 and 2018 are estimated at 2.2 billion euros in each year, but both figures are under... to the agreed medium-term targets is estimated to be larger than 0.2 percent of GDP every year... rate from 22 to 20 percent with an estimated cost of 0.5 percent of GDP, progressive reduction
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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Features. This equals a multiplier effect of 2.2. According to the IOBE multiplier, in 2018, tourism directly... in by INSETE to land on the final estimated contribution of the tourism industry. The Foundation for Economic and Industrial Research (IOBE) estimated in 2012 that every euro generated directly by tourism
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Newsletter 355 - 14/10/2022
rating review was the latest estimate that sees a small recession of 0.2 pct for next year, mostly... pct. During the presentation, the head of the think tank said that should its estimate of investment... this week was closer to the Greek authorities with a 1.8 pct growth estimate. However, the picture
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Greek May CPI falls 2 pct in one of biggest drops for more than a year
EconomyMacroeconomyequipment (-2.2 percent). On the flipside, two sectors showed a price increase, namely health (up 2.1... of 0.3 percent is estimated for next year. In contrast, the OECD estimates constant deflation at around
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomypercent) compared to imports (+2.2 percent). In contrast, public consumption is seen remaining... estimates in the draft budget. Harmonised Consumer Price Index (HCPI) is expected to remain in negative... billion euros (3 percent of GDP), in line with the EAP target and above the 2.9 percent estimated
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How Greek banks were left on the brink
Agoralevels in February (9.6 billion), eased to 2.2 billion in March and then increased again to 4.7 billion... each, Eurobank at 8 billion and Alpha at 6.2 billion. Those estimates were based on current collateral... has indicated that the peak of the NPL ratio, which was previously estimated in Q2 2015
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What next for Greece's revenues and spending?
Agoraan agreement for a new bailout program, meaning that more than 2.2 billion euros of the revenues.... Initial estimates were pointing to a higher shortfall in June as the last two days of the month... to the prevailing restrictive conditions. It is estimated that after the stabilization of the cash flow
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammepercentage points per year to level off at 2.2 percent by 2025. Market access assumptions were also revised... percent, signalling a convergence with the IMF estimates, which outlined in detail last summer... are estimated at 14 billion euros between 2018 and 2060 in the latest DSA, of which 11.5 billion
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GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomypercent in 2020 compared to the previous forecast of 2.2 percent growth, which is the largest among... quarter (Q1) of 2020 after a decrease of 0.7 percent in Q4 2019, provisional estimates from..., a contraction of 4.7 percent is expected in 2020 compared to an estimated 2 percent GDP growth before
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