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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economymodel. In its macroeconomic outlook, Fitch sees Greece growing by 2.5 percent this year and in 2021... real growth slowing down to 1.2 percent by 2027, compared to the European Commission’s estimate range of 0.6 - 2 percent, and the IMF’s estimate of 0.9 percent. Fitch welcomes the developments
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Govt calls on local businesses and banks to free up capital for investment
PoliticsGreek Politicsofficial estimate. He added that there will be a clearer picture once the third quarter is completed... prospects. Although it increased earlier this month its growth estimate for 2021, from 2.7 pct to 3.6... but insisted that higher wages must be part of Greece’s future growth model. He also repeated his
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policy, Mitsotakis last week proposed a new initiative involving Cyprus, Egypt, Turkey, and Libya during..., Libya, and Egypt, according to Kathimerini. Boulos, who met with Mitsotakis last September, is said... favouring Greece by delaying Turkey’s assessment, aware that any talks would be blocked
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Banking on voters’ desire for stability, ND insists ruling majority is still achievable
PoliticsGreek Politicsthe Turkey–Libya maritime memorandum “in practice.” The government is also pushing ahead... and MPs searching for new political affiliations. Political analysts estimate that as many as 20
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Mitsotakis uses UN stage to project leadership as poll shows dip for ELAS
PoliticsGreek Politicsto assist Libya in border protection and migration management, and restated Athens’s commitment... Democracy consolidating its position. In the vote estimate, ND stands at 30.2%, extending its lead
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economy, while offering a different view on Greece’s economic model. The first key difference highlighted...’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
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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyExclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete
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Newsletter 94 - 04/11/2016
flexible labour model with security, which includes a deregulated institutional framework of employment..., Finance Ministry sources noted that “very significant progress” had been made in most issues relating... is estimated at 0.5 percent of GDP. The World Bank’s proposals to eliminate tax credits are estimated
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Public sector capital stock in Greece and the Euro-19
Agorasector combined). To estimate the time series for general government gross fixed capital spending... in Europe: a model-based assessment. ECB Working Paper 2021, February 2017. [3] The ECB Working Paper... for the euro-19 countries. Both lines are in percent of real GDP. The estimates of the respective capital
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Stress-free vote on multi-bill but bigger challenges lie ahead for Tsipras
PoliticsGreek Politicshoused temporarily in the taekwondo stadium, a former Athens 2004 Olympics site. Conditions
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