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  1. Now comes the really hard part
    Photo by Harry van Versendaal

    Agora

    has 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

    2%
  2. NBG records net profits of 73 mln in Q4, turns profitable for whole year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    the 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

    2%
  3. Newsletter 284 - 12/02/2021

    Newsletters

    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

    2%
  4. IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020

    Economy

    is 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

    2%
  5. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    reiterated 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

    2%
  6. Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    The 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

    2%
  7. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    Economy

    in 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

    2%
  8. Crisis management policy: the sad lesson of the Greek case
    Photo by Harry van Versendaal

    Agora

    of the 2012 programme during the fall of 2014. The troika did not have good experiences... be estimated by model simulations. As such, there is great uncertainty associated with the estimates... estimates that this will require a tightening of five percent of GDP. However, IMF prefers to obtain

    2%
  9. OECD proposes ways to improve competition, estimates positive economic impact at 414 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    and 15 percent pharmaceuticals. The OECD concluded that if restrictions are lifted, the estimated

    2%
  10. Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    , according to the provisional estimates published by the Hellenic Statistical Authority (ELSTAT) today. The disclosed figure is in line than the flash estimate announced by ELSTAT on May 13. Today’s... halved to 11.6 percent in 2014 from 22.7 percent in 2008. EC estimates investments to drop 3.1 percent

    2%