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MTFS outlines ambitious economic and fiscal road for next four years
EconomyProgrammelast official estimate of 2.3 percent, but broadly in line with the institutions and other... the optimistic nature of some of the elements in the estimates of private consumption, investment and the trade... percent in 2022. All estimates are marginally lower than last year’s MTFS when the economic recovery
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Tsipras raises debt relief at UN but refugee crisis may prove more pressing issue
PoliticsForeign Policyin mid-October. However, during his speech to his new cabinet on Friday, the prime minister stressed... by the fact that, according to IOM, less than 34,500 thousand people arrived in Greece by sea during... has a background in humanitarian work, was seen as doing a better job during his brief stint
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Newsletter 49 - 30/10/2015
deeply in financial terms during the crisis. Only in the last few weeks a raft of data has highlighted... market. During the same period, the European average rose by 6.7 percent. A study by the European... to 2013. Among eurozone countries, only the Irish experienced a bigger decline in personal wealth during
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Now comes the really hard part
Agorahas suffered deeply in financial terms during the crisis. Only in the last few weeks a raft of data... and a collapsing stock market. During the same period, the European average rose by 6.7 percent. A study... in personal wealth during the same period. Eurostat data published this month showed that the percentage
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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingthe highest among NBG’s domestic peers. During the conference call, the management noted that, excluding... more than offset lower deposit cost. During the conference call, the management said... at 5.2 billion in March. During the conference call, the management noted that the elimination
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Newsletter 284 - 12/02/2021
the mining and quarrying index decreased 8.4 percent. During the whole of 2020, the IPI fell by an average... restrictions announced on Tuesday, those estimates are already looking dated. In Monday’s announcement... advance refunds allocation is doubling from the initial estimates to 3 billion euros for the first
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IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
Economyis among the key reasons for a significant rise in the IMF’s gross debt estimate by almost 20 percentage... on Greece, the IMF published on Wednesday its updated fiscal estimates in the October Fiscal Monitor... the institutions’ estimates. The Fund sees a primary surplus of 1.75 percent in 2017 and 3.5 percent from 2018
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammereiterated last April to “provide adequate support to Greece during the life of the program... surplus target. The IMF points out that the Greek government estimates smaller gaps based on more... competitiveness and inadequate financing. It estimates that the underlying structural C/A deficit stood
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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyThe IMF spring meetings produced some good news for Greece via the World Economic Outlook and Fiscal Monitor. The IMF revised upwards its growth estimates for 2023, which is now seen higher at 2.6 pct in 2023, from 1.8 pct in the WEO of last October. Although it has not been officially published
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economyin the second quarter of the year, Greece receives 70 pct of its travel revenues during the summer.... The Commission notes that the large dependency on the hospitality industry during the summer... spending, thanks to various support initiatives that the Commission estimates at 6.9 pct of GDP
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