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What lies at the heart of differences over Greek banks' capital needs?
Economy.” A Finance Ministry official told the FT that if the recap dispute is not resolved during the new round... its own estimates if Athens proceeds with the disclosure of its own forecasts. The FT indicates the ECB has similar estimates to the IMF and has also pushed for Greece to take a closer look at its
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Newsletter 98 - 02/12/2016
again. Tsipras met with Coeure and Moscovici during their visits but then departed for Havana to attend... 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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Greece braces for deeper Covid-19 impact on economy, budget and public debt
Economyto be revised. During a radio interview over the weekend, when he was asked whether he had raised... estimates by the authorities that the situation could be contained within the second quarter of the year..., like tourism, from a total collapse. Most international estimates converge towards Greece facing
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OECD sees Greek recession continuing in 2014, slower recovery to follow
EconomyMacroeconomylower than its November forecasts. Although the 2014 estimate is in line with the EC projection... percent in 2015. The updated forecasts are marginally better compared to the previous estimates... in 2013. It should be noted, though, that OECD estimates are not comparable with those of the EC due
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Public sector capital stock in Greece and the Euro-19
Agorasector combined). To estimate the time series for general government gross fixed capital spending... for the euro-19 countries. Both lines are in percent of real GDP. The estimates of the respective capital... includes estimates of the public sector capital stock. Few governments in the world do
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World Bank sets out savings Greece can make from streamlining welfare benefits
EconomyProgramme, the institutions claimed during the first round of talks as part of the second review there is a fiscal gap..., the report notes that those fiscal savings’ estimates are upper bounds as households would be likely... of the gradual nationwide roll-out of the GMI scheme. Its cost is estimated at 0.5 percent of GDP
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Greek banks' capital backstop and the funding gap: An uneasy relationship
Economybackstop facility. It is, however, premature to estimate any a figure given that several major issues... point out: - the haircut that would be applied to banks’ profitability estimates included... for 2014-15. The latter was estimated at 10.9 billion by the IMF in its latest review report in July 2013
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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomyof 1.5 percent. The ministry is reportedly going to set its estimate for 2015 at 2.3 – 2.5 percent... by Athens and its lenders. Apart from the updated estimates on income tax and single property tax... was estimated at 2.02 billion (1.1 percent of GDP) by the IMF in its fifth review report on June 10
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GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
EconomyMacroeconomyin 2020, with a recovery estimate of 5.1 percent in 2021.... quarter (Q2) of 2020 after a revised decrease of 0.7 percent in Q1 2020, provisional estimates from...’s GDP, a contraction of 4.7 percent is expected in 2020 compared to an estimated 2 percent GDP
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Newsletter 329 - 25/02/2022
estimates, Greek nominal GDP will exceed 187 billion euros in 2022. Assuming this materialises and the institutions’ nominal growth estimate of 4 pct growth in 2023 proves accurate, the 2023 GDP is seen... and there is a clearer picture regarding the available fiscal space. It is estimated
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