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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economyrecession in its previous estimate, to 7.5 pct. This is in line with the European Central Bank’s estimates and is based on the latest official data from ELSTAT, which sees Greek GDP dropping by 7.9 pct... Stournaras presented the central bank’s updated estimates regarding the impact of the pandemic
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New fiscal measures aim to edge Greece closer to deal with lenders
EconomyMacroeconomylist submitted in late March, MoF sources told Kathimerini that the current estimate has now been reduced to 0.5 percent. The Commission estimated in its spring economic forecasts published earlier... that the government is currently considering to cover the estimated fiscal gap involve: 1) A unified VAT rate between
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The key points from Greece's proposal to lenders
EconomyProgramme). For 2017-19 the privatization proceeds are estimate at 2.12 billion, yet the bulk (1.59 billion... at 1.06 billion in 2015 5) Tax on television advertisements with estimated revenues at 100 million... for the collection of revenues related to automobile ‘KTEO’ fines and uninsured vehicles (estimated revenues at 120
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Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomywas 0.3 percentage points better than the flash estimate released a month ago indicating a 2.6 percent... worse than the 3.7 percent indicated in flash estimates. GDP contraction in 2012 was also revised... the 4-percent mark forecast by the Greek government and latest European Commission estimates published
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Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
EconomyThe Hellenic Statistical Authority (ELSTAT) published on Tuesday its second estimate of Greece’s... household consumption expenditure for 2010-2013 and new estimates for 2014, incorporation of analytical... the recession was more than 1.3 billion deeper than previous estimates suggested. The breakdown
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Newsletter 72 - 06/05/2016
it predicted in its previous estimate in early February. For 2017, Greek economy is seen strongly... earlier optimistic estimates, the Eurogroup is not expected to reach an agreement, primarily due... eurozone officials’ estimates point to an agreement by then. Corporate lending falls in March Corporate
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More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
PoliticsGreek Politicsestimate that 8 in 10 salaried staff will be eligible and 3 in 4 self-employed and freelancers... Federation of Enterprises (SEV) estimates that the cost of keeping so many businesses closed... it estimates at 37 billion euros, to cover this disruption to the budget, it will only be able to do so
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Govt unveils new Covid support measures amid growing public anxiety
PoliticsGreek Politicsin 2021 had climbed from the initial estimate of 7.5 billion euros to 11.6 billion euros. “We... and other activities put on hold by the lockdown are also on the table. The government estimates that each... measures over the last three weeks, with official estimates for the transmission rate Rt currently
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Newsletter 312 - 15/10/2021
. The IMF revised upwards its 2021 growth estimate to 6.5 pct, while it trimmed slightly next year’s... became this week the latest international organisation to update its macro and fiscal estimates... fully offsetting the benefits of the higher growth this year, provided that most estimates converge
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EC sees strong recovery in 2021, solid growth in coming years underpinned by RRF
EconomyMacroeconomy’s estimate is slightly lower from the 6 pct growth seen in the spring forecasts in May. Although...The European Commission continued to revise upwards its estimates for Greek growth in 2021, moving... to risks, with the macro estimates hinging on positive developments on the pandemic front, without any
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