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The measures Greece is proposing to secure troika's return
EconomyProgrammewith estimated revenues at 350 million. The Finance Ministry (MoF) acknowledges that this measure would seriously... at 2015 levels. Cost savings are estimated at 50 million euros for 2016 and 140 million for 2017. MoF.... Crosschecking of family allowances granted to pensioners, with estimated cost savings of 23 to 37
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How big is the gap separating Greece and the institutions?
EconomyProgrammeto this year since the new VAT rates will be effective from July 1. Apart from the total estimated... to 3.5 percent with estimated revenues of 120 million for 2015 and 250 million for 2016... tax on gross revenues of Video Lottery Machines (VLTs) with estimated revenues of 35 million for 2015
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Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgrammeto the agreed medium-term targets is estimated to be larger than 0.2 percent of GDP every year... rate from 22 to 20 percent with an estimated cost of 0.5 percent of GDP, progressive reduction... vulnerable households with an estimated cost of 0.2 percent of GDP, increase in the family allowance (0.1
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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Featuresin by INSETE to land on the final estimated contribution of the tourism industry. The Foundation for Economic and Industrial Research (IOBE) estimated in 2012 that every euro generated directly by tourism...). This estimated the multiplier effect from each euro of direct tourism revenue to be 2.65. According
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New Democracy tax pledges put spotlight on available fiscal space
EconomyProgramme, averaging 22 percent. This will have an estimated fiscal impact of 580 million euros. New Democracy has.... This means that the fall in revenues will burden the 2020 budget. It is estimated that the cut... reduction from 24 to 20 percent the following year. The cost of the second reduction is estimated at 600
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Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
EconomyMacroeconomypercent drop in Q3, the Hellenic Statistical Authority (ELSTAT) flash estimates showed on Friday... in Q4. ELSTAT said flash estimates are expected to be revised upon the release of provisional estimates due on February 29, also incorporating the December data for balance of payments
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Newsletter 76 - 03/06/2016
provisional estimates, which showed GDP contracted 0.5 percent quarter on quarter (QoQ) and 1.4 percent year... outlook published on Wednesday, the OECD’s latest estimates on Greece point to a marginal contraction... estimates released on May 13. In Q4 last year, GDP rose by 0.1 percent. All key GDP components fell QoQ
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Greece's latest GDP figures and what to expect for the rest of the year
AgoraThe flash estimates released by the Hellenic Statistical Authority (ELSTAT) on Friday were... be noted that consensus estimates and Reuters poll were pointing to a 0.2 percent drop and 0.1... a higher Q2 GDP (and consequently H1) figure in absolute terms versus earlier estimates. Although
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Bank of Greece sees potential for recovery, urges calm in negotiations
EconomyMacroeconomy. Following the better-than-expected GDP outcome in the 9-month period, BoG upgraded its macro estimates... in its previous forecasts released in mid-June. BoG retained unchanged its estimates for 2017 and 2018... by 3 percent also in 2019. For 2017, BoG estimates private consumption to increase by 1.3 percent
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PBO sees just 2.7% growth this year, warns about private debt
EconomyMacroeconomy, also updating its macro estimates for 2021. Following the extension of the lockdown into the full... for this year in Greece, Although the Finance Ministry’s estimates for 4.8 pct growth from the final budget... a revised figure of close to 3 pct. The PBO also provides a range of estimates, compared
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