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The "King of the North" seeking to heal a fractured kingdom
Agora- deindustrialisation, deregulation, privatisation and austerity – but, by implication, given a continuation... splintered the electorate. Labour and the Conservatives together won just 36% of the estimated national vote
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New fiscal measures aim to edge Greece closer to deal with lenders
EconomyMacroeconomylist submitted in late March, MoF sources told Kathimerini that the current estimate has now been reduced to 0.5 percent. The Commission estimated in its spring economic forecasts published earlier... that the government is currently considering to cover the estimated fiscal gap involve: 1) A unified VAT rate between
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesavailability of long-term rentals. According to one estimate published by rental platform.... It is estimated that the golden visa programme attracted upwards of 2 billion euros of foreign investment.... Over the period June 2018-May 2019, a study by the tourism industry association INSETE estimated
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Newsletter 75 - 27/05/2016
up a secondary market for loan (including non-performing loan) sales, established a new privatisation... sales and pension reform and pending actions on the privatisation front. The milestones for the second tranche include interventions in the areas of privatisation, bank governance, the revenue agency
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Grassroots protests highlight public discontent with development policies
PoliticsGreek Politicsranging from water privatisation to tourism development. The development suggests that public discontent... square of Thessaloniki held in protest against water privatisation. The event was organised... that the measure paves the way for the privatisation of water management, the majority of which
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Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomywas 0.3 percentage points better than the flash estimate released a month ago indicating a 2.6 percent... worse than the 3.7 percent indicated in flash estimates. GDP contraction in 2012 was also revised... the 4-percent mark forecast by the Greek government and latest European Commission estimates published
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Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
Economyof the domestic economy by 0.6 percent this year. ELSTAT is due to release its flash estimate for Q3 GDP.... Following October’s impressive figures, SETE upward revised its estimates for 2014 international tourist... euros in the 8-month period. SETE did not upgrade yesterday its revenue estimates, which call for direct
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Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
EconomyThe Hellenic Statistical Authority (ELSTAT) published on Tuesday its second estimate of Greece’s... household consumption expenditure for 2010-2013 and new estimates for 2014, incorporation of analytical... the recession was more than 1.3 billion deeper than previous estimates suggested. The breakdown
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Newsletter 72 - 06/05/2016
it predicted in its previous estimate in early February. For 2017, Greek economy is seen strongly... earlier optimistic estimates, the Eurogroup is not expected to reach an agreement, primarily due... eurozone officials’ estimates point to an agreement by then. Corporate lending falls in March Corporate
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Gathering signs of coronavirus impact on growth expectations
Economyto 1.9 percent in 2020, almost a full percentage point lower than the government’s estimate. This could... on these negative estimates, we seem to be moving away, probably significantly, from the target of GDP growth.... Estimates from those within the tourism industry anticipate a decline of up to 20 percent in arrivals
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