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  1. Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    level of 5.2 percent. Unemployment will drop to 18.2 percent next year, from 19.6 percent estimate... place and was initially estimated at 7.3 billion euros. Based on the programme methodology, next year’s

    4%

  2. Newsletter 221 -27/09/2019

    Newsletters

    with the European Commission’s current estimate of 2.2 percent growth, and 2.1 percent for this year... will be hit particularly hard. The Greek Tourism Confederation (SETE) estimated that the economic losses

    4%

  3. Newsletter 233 - 20/12/2019

    Newsletters

    of the shadow economy in Europe and estimate its size. It found that the shadow economy mostly declined... outlay is estimated at 175 mln euros. The adoption of the 2020 budget will mark a small pause

    4%

  4. Lenders set out key review issues as Athens tables proposals for fiscal space
    Finance Ministry

    EconomyProgramme

    calculations. Finance Ministry officials estimate that 1.2 billion from the bond profits and 200 million... granted to farmers and people from areas affected by natural disasters, of which an estimated 3 billion

    4%

  5. Newsletter 247 -10/04/2020

    Newsletters

    benefit beyond the current 45 days. Officials estimate that 8 in 10 salaried staff will be eligible... that the tourism industry globally finds itself in unchartered waters. He estimated that it would take up

    4%

  6. Many obstacles to clear in Greece's digital leap
    Photo via https://flic.kr/p/4YVJXw

    EconomyFeatures

    and leveraged. A recent estimate put the combined funds earmarked for such projects in the public... Governance). The “Digital Reboot” report estimated that between 6 billion and 15 billion euros

    4%

  7. Post-Covid era dawns on new landscape for bad debt in Greece
    Photo by MacroPolis

    EconomyFeatures

    estimate that as many as 30 pct of residential properties currently scheduled for auction could qualify... residential loans. The January 2021 Financial Stability Review from the Bank of Greece estimated

    4%

  8. Why is it taking so long for the pandemic to end in North Macedonia?

    Agora

    estimate that 32,769 people would have died if there was no pandemic. Which means that about 9,300 more...At the beginning of the pandemic, we estimated that it would probably last for two years. Today, a year and seven months later, I’m wondering if that will be the case with North Macedonia

    4%

  9. S&P moves Greece closer to investment grade, puts focus on budget and growth
    Photo by MacroPolis

    Economy

    . This is underpinned by an estimate of average growth up to 2025 of 3 pct. The stable outlook reflects... on a 2.2 pct of GDP primary surplus in 2024. The debt-to-GDP ratio is estimated on a sliding path

    4%

  10. Reflections on Greece's balance of payments
    Photo via https://flic.kr/p/5Yb76K

    Agora

    of the world. Alternatively, we can infer an “unrestricted” estimate of the Greek NII position by adding up...-adjusted terms, was reduced by an estimated 16 percent of GDP (equal to the elimination

    4%