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Dead fish in Volos cause big political stink
PoliticsGreek Politicsbut restored six years ago to combat the effects of drought in an area that serves as the country’s breadbasket. Last year, Lake Karla and the surrounding area flooded due to the record rainfall caused by Storm... of thousands of fish are estimated to have died. The environmental disaster has prompted a full-blown
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Scope leaves rating unchanged at 'BBB', ups outlook to positive
Economyof the euro area, supported by robust domestic demand, a thriving tourism sector, and a wave... to narrow Greece’s gap with its euro-area peers. Greece’s fiscal performance remains a strength...-term fiscal risks. The country’s potential growth is estimated at just 1.25 pct. Externally, Greece’s
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Latest BoG report sees sustained growth, range of challenges
EconomyMacroeconomy, outperforming the euro area average. Growth was driven mainly by private consumption and net exports... projections, GDP growth is expected to average 2.1 pct during 2025-27, exceeding the euro area average... tightening, fiscal policy is estimated to be expansionary in 2025 due to stronger-than-projected
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Newsletter 98 - 02/12/2016
, but any concessions made in this area could be counterbalanced if a process to bring back collective... Economic Outlook report, published on Monday. For 2018, the OECD estimates a faster GDP growth... than the 0.5 percent QoQ rise recorded in the flash estimates released on November 14
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Newsletter 355 - 14/10/2022
rating review was the latest estimate that sees a small recession of 0.2 pct for next year, mostly... pct. During the presentation, the head of the think tank said that should its estimate of investment... this week was closer to the Greek authorities with a 1.8 pct growth estimate. However, the picture
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Where Greek banks stand ahead of capital needs disclosure
Economynot been yet specified, it is expected to take place in the next two weeks (i.e. until the end... issues have not been yet officially rubberstamped, the official sector is very close to a final... of the CT1 threshold and the haircut to be applied to banks’ profitability estimates included
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Greek May CPI falls 2 pct in one of biggest drops for more than a year
EconomyMacroeconomy(down 3.9 percent). Smaller movements, yet above the headline figure, were also posted in food... to a second deflationary year in 2014, yet at slightly lower to 2013 levels. Marginal inflation of 0.3 percent is estimated for next year. In contrast, the OECD estimates constant deflation at around
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Greek primary budget surplus to August narrows to 1.95 bln on lower revenues
Economyshowed direct taxes fell 32 percent in August, yet rose 9.5 percent in the 8-month period to 12.71... period to 15.08 billion, yet in line with target. On the cost front, primary expenditure slightly rose... draft budget in Parliament on October 6. It will include updated estimates for 2014 budget execution
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Newsletter 28 - 29/05/2015
the weekend but, at the same time, its admission that several key issues have yet to be resolved..., especially when the details of the settlement are not yet known. These two factors (SYRIZA’s... percent in the previous quarter, according to the provisional estimates published by the Hellenic
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Government budgeting on a late RRF sprint
EconomyMacroeconomyestimated to reach 70.88 billion euros by the end of the year, against an initial estimate of 69.2 billion... to grow by 5.7 pct this year, against an estimate of growth of 8.4 pct in the budget that was submitted... anchored its estimate for investment spending for next year on the RRF, as it expects a sprint
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