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  1. BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
    Photo via http://www.delphiforum.gr/

    Economy

    recession in its previous estimate, to 7.5 pct. This is in line with the European Central Bank’s estimates and is based on the latest official data from ELSTAT, which sees Greek GDP dropping by 7.9 pct... Stournaras presented the central bank’s updated estimates regarding the impact of the pandemic

    4%

  2. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    , the primary surplus target of 3.5 percent as of 2018 remains unchanged. Privatisation proceeds by 2022 are now estimated to reach 10 billion in the baseline and 4 billion in the adverse scenario compared

    4%

  3. Lenders also require health and labour market reforms from gov't in next months

    EconomyProgramme

    While the attention regarding the key deliverables outlined in the third memorandum of understanding (MoU) has fallen on the areas of fiscal policy, pension reform, energy market and privatisation.... According to the General Accounting Office (GAO) this is estimated to result in a revenue rise

    4%

  4. Multi-bill tabled in Parliament, paves way for sale of NPLs

    EconomyProgramme

    . The draft legislation does not include the privatisation of the electricity transmission company ADMIE... in position allowances. The total annual cost of these changes is estimated at around 300 million

    4%

  5. Newsletter 66 - 11/03/2016

    Newsletters

    of sending back asylum seekers en masse to Turkey, a country that neither properly recognises them... relate to the establishment of the new privatisation and investment fund, reform of the income tax code... that are estimated to have gathered there in the hope that the neighbouring country will open

    4%

  6. Greek 2015 primary surplus at 0.7 of GDP under programme method as Athens looks for boost

    EconomyMacroeconomy

    the privatisation of assets, expenditures on account of transactions relating to bank recapitalisation... of GDP, which ELSTAT estimated in 2015 at 176.02 billion euros. On a primary basis, the deficit - which

    4%

  7. Putin visit highlights potential, but also limitations, of Greece-Russia ties

    PoliticsForeign Policy

    privatisation of the Greek railways (TRAINOSE) and of Thessaloniki's port, the second largest... due to the Ukraine crisis and the economic troubles exacerbated by EU sanctions. It is estimated

    4%

  8. BoG cautions on impact of tax rises, updates on rising NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    and the privatisation programme, as well as the exacerbation of the refugee crisis. The report outlines four... should have a positive impact on the banks’ results, which is estimated at 400-500 million euros. Asset

    4%

  9. Newsletter 83 - 22/07/2016

    Newsletters

    relate to the new privatisation and investment fund, the new independent revenue agency and the issue... to vote in the next election. It is estimated that lowering the voting age will add 100,000 people

    4%

  10. Newsletter 100 - 16/12/2016

    Newsletters

    included the out-of-court workout, the new privatisation and investment fund, pensions, energy..., estimated at 1.09 billion. Primary expenditure, which dropped 17.7 percent in November, after a short-lived

    4%