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  1. Newsletter 296 - 14/05/2021

    Newsletters

    0.91 vaccines per 100 people – the highest among the G20 and G8 countries. When taken in its totality... estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly... was interrupted by the pandemic. The Commission’s estimates assume the relief measures that have so

    5%

  2. IMF sees Greek growth at 2.5 pct in 2015, debt at 172.7 pct of GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    . GDP growth for 2015 was revised downward to 2.5 percent from 2.9 percent in its previous estimate six... estimates are included in the most recent reform list sent by the Finance Ministry in late March in the context of the February 20 Eurogroup agreement. The IMF revised upward its estimate on Greece’s

    5%

  3. Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment

    EconomyMacroeconomy

    (QoQ) in Q3 2015, at a faster pace compared to the flash estimate of -0.5 percent released two weeks...). According to today’s figures, GDP eased 1.1 percent year on year (YoY) in Q3, from flash estimate... that the difference to flash estimates is attributed to September balance of payments and quarterly date

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  4. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    published in July stands by its revised estimate for 2018 growth from 2.6 percent previously to 2 percent... by 1.9 percent, from 2.5 percent previously. The estimate for next year was also downward revised..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday. The headline figure

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  5. Greek coalition sets out plans for public sector, wages and pensions
    Photo by MacroPolis

    PoliticsGreek Politics

    for pensioners earning less than 700 euros a month. It is estimated that these interventions will cost 850 million euros per year. The coalition has pledged to cover the pension funds’ deficit, estimated... and unions rather than in one go. It is estimated some 300,000 Greeks earn the minimum wage. Instead

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  6. Greece sends reform list to creditors, here's an outline of what it's likely to contain

    PoliticsGreek Politics

    30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). 2) A large part... the humanitarian crisis. The cost of those measures was initially estimated by SYRIZA at 1.86 billion and relate to the following initiatives: · Subsidized meals for 300,000 poor families (estimated cost

    5%

  7. Greek tourism: Hopeful yet uncertain for 2016
    Photo by MacroPolis

    EconomyFeatures

    for the expected boom in Russian tourists to become reality, an estimated 7,000 visas per day will need...After a bumper tourism year in Greece last year, where an estimated 25 million visitors beat... roughly 9 percent of GDP. An estimated 23.6 million non-domestic arrivals were recorded in 2015

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  8. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
    Photo by MacroPolis

    EconomyProgramme

    for the scheme. In contrast, the MoF has not altered its initial estimate of a 900-million-euro fiscal... budget will incorporate an estimate for a primary surplus of 1.8 percent of GDP, slightly lower than... and it appears the troika estimates it would further increase in the last two months of the year

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  9. Debt relief, MTFS and return to bond markets on agenda after technical agreement
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyProgramme

    the programme target of 1.75 percent and higher than the 2017 budget estimate of 2 percent. Moreover... forecasts on May 11, which are expected to be downgraded from its previous estimate of 2.7 percent... sustain such large surpluses over an extended period of time” adding that it estimates a primary

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  10. Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    pct in 2022. After that, they return to the IMF’s long-term real GDP growth estimate of 1 pct... the 8 pct on average in the previous estimate. Stressing the baseline assumptions, a lower primary... and privatisation proceeds are estimated at 2.7 billion euros over the next 10 years, both estimates broadly

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