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  1. Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn

    PoliticsGreek Politics

    . Banks estimate that up to 1.5 billion euros of loans will be frozen as part of the first package..., as the resignation of a second cabinet minister is widely expected to be followed by a reshuffle. Estimates... estimates, government officials see the fiscal cost of Daniel at 2.5 billion euros, while the economic

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  2. Newsletter 487 - 05/12/2025

    Newsletters

    in the coming years. With the RRF in place until August 2026, next year’s growth estimate is 2.4%. However... markets and rating agencies - the macroeconomic estimates in the framework are cause for concern. When...% this year, but then stagnate around 8% over the following three years. This latest set of estimates

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  3. RRF promise fades as growth outlook weakens
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    in place until August 2026, next year’s growth estimate is 2.4%. However, this nearly halves to 1.3... - the macroeconomic estimates in the framework are cause for concern. When the RRF was first agreed... around 8% over the following three years. This latest set of estimates undermines the government’s

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  4. Alpha Bank posts net profits of 53 mln in 2018
    Image via www.alpha.gr

    EconomyBanking

    loans. In 2018, the bank completed three major bad loan portfolio sales, totalling 2.2 billion euros... rose by 2.2 percent QoQ 280 million and fell by 2.2 percent on an aggregate basis. The cost to income

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  5. PBO sees normality returning, but inflation will have multifaceted effects

    EconomyMacroeconomy

    is expected to grow by 2.2 pct this year and also by 2.2 pct in 2024. This year’s inflation is seen at 4.6... for lower transfers and 2.2 pct from higher handouts. The PBO describes this new growth path as more

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  6. Finance Ministry challenges SYRIZA's plans for economy, ups cost
    Photo by MacroPolis

    Economy

    ’s estimate) f) reduction in the excise tax on heating oil (at 250 million versus zero by SYRIZA... calculations on the estimated cost of SYRIZA measures. The document also details the potentially... loans, which is estimated at 10 billion euros by MoF under a conservative scenario, which is 8

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  7. Newsletter 266 -18/09/2020

    Newsletters

    . BoG has revised its forecast for Greek GDP, from 5.8 pct recession in its previous estimate, to 7.5... estimates for 9 pct recession this year and 6 pct growth in 2021, which suggests that Greece.... The report estimates that the support measures to date are broken down by 3.1 billion euros, or 1.9 pct

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  8. OECD sees Greek recession continuing in 2014, slower recovery to follow
    Photo by MacroPolis

    EconomyMacroeconomy

    lower than its November forecasts. Although the 2014 estimate is in line with the EC projection... percent in 2015. The updated forecasts are marginally better compared to the previous estimates... in 2013. It should be noted, though, that OECD estimates are not comparable with those of the EC due

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  9. Public sector capital stock in Greece and the Euro-19

    Agora

    sector combined). To estimate the time series for general government gross fixed capital spending... for the euro-19 countries. Both lines are in percent of real GDP. The estimates of the respective capital... includes estimates of the public sector capital stock. Few governments in the world do

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  10. Greece's labour market is austerity's biggest casualty

    Agora

    a conservative estimate of 20,000 job losses in the accommodation and food service activities, the Greek... and the recession does not exceed the finance ministry’s estimates) and the revenue side of the budget... jobs lost, an estimated 200,000 properties in stock, the state repeatedly reducing the public

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