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Greek banks on cusp of improved liquidity conditions
Agora. This makes it tricky to make any accurate estimate regarding the amount as well as the timing of deposits... is estimated to have a positive impact on banks NII of 200-250 million euros on an annual basis under
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IMF proposes rebalancing of fiscal policy, reform implementation and debt relief
EconomyProgramme. Moreover, the primary surplus is estimated at 0.9 percent of GDP in 2016, less than half the government’s recent estimate of close to 2 percent, while a marginal improvement to 1 percent of GDP
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Primary surplus up to 3.9 pct of GDP in 2016, far above target
EconomyMacroeconomysurplus figure to 0.42 percent of GDP from 0.15 percent in its previous estimate on October 20... target of 0.5 percent of GDP. It is worth noting that the IMF said on Wednesday that it estimated
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Material deprivation rises, while poverty risk drops slightly
Societyon the same set of data, ELSTAT also released their 2016 risk of poverty estimate, showing that persons... with the indicator estimated at 22.3 percent. The at-risk-of-poverty rate for persons working full-time
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Thessaloniki rally highlights political complexities of addressing name issue
PoliticsGreek Politicsthe name dispute and that the issue still has the potential to impact on Greek politics. Police estimate... not come any way near matching the 1 million people estimated to have protested over the same issue
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Brussels sets out guide for post-MoU financing needs, cash buffer
EconomyProgrammebillion estimate of disbursement needs up until the end programme. This would leave 27.4 billion... the programme horizon.” From January to August 2018, Greece’s financing needs are estimated at 10.7
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Greeks seen working longer, until July 18, to meet annual tax bill
Societylater than that of last year, which according to ELSTAT fell on July 6, 2017. They estimate... to taxes only. According to KEFiM, this means that Greeks will have worked an estimated 198 days
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Greece on track for bumper tourism year, figures show
EconomyFeaturesshowed that arrivals to the country came to 27.2 million visitors, surpassing the estimate of 26...Greece is anticipating another record-breaking year of tourism arrivals this year according to reports from several industry bodies as well as the Bank of Greece. An estimated 30 million visitors
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Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
EconomyMacroeconomylevel 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
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Newsletter 221 -27/09/2019
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
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