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  1. Newsletter 515 - 31/07/2026

    Newsletters

    authorities and unions, who warn of legal challenges and accuse the government of “privatisation... voters, estimated at 14–16% of the electorate, many of whom previously supported ND. Kathimerini reported

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  2. Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

    EconomyMacroeconomy

    the economy to grow by 0.6 percent this year. After today’s flash estimate and revisions, this means... the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9... the initial estimates of 19 million visitors in spite of the decline in visitors from Russia

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  3. OECD sees recession in 2015-16, stresses need for reform implementation

    EconomyMacroeconomy

    its jobless estimate for 2016 was kept broadly unchanged at 24.8 percent. Greece will remain...In its latest economic forecasts published on Monday, OECD revised downward its GDP estimates... previous estimates in early June, the OECD projected a growth of 0.1 and 2.3 percent respectively. The OECD

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  4. S&P highlights risks for Greek banking sector

    Economy

    2017. The rating agency reiterates its estimate for zero GDP growth in 2016 and strong rebound of 3... during the crisis weigh on Greek banks’ financial profiles. The rating agency estimates banks’ non... by the end of 2017. S&P estimates that credit losses will continue to exceed pre-provision income

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  5. IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct

    Economy

    percent and Greek government’s estimate of 0.63 percent. For 2017, the IMF estimates a primary surplus... outlining its fiscal estimates. It is worth noting that the fund had not updated its fiscal... tabled on Monday, the Greej Finance Ministry estimates debt to GDP ratio at 178.9 percent in 2017

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  6. 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

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  7. Newsletter 75 - 27/05/2016

    Newsletters

    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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  8. Grassroots protests highlight public discontent with development policies
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    ranging 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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  9. New fiscal measures aim to edge Greece closer to deal with lenders
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    list 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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  10. Greek housing market at new juncture as Covid-19 shakes foundations
    Photo by MacroPolis

    EconomyFeatures

    availability 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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