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EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
EconomyIn its spring economic forecasts released on Tuesday, the European Commission (EC) lowered its estimates for Greek GDP contraction to 0.3 percent in 2016 from 0.7 percent expected in early February... of the year. The domestic economy is estimated to gather strength in 2017 with GDP strongly
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NPL resolution in Italy and Greece
Agorawho least deserve it in Greece, namely strategic loan defaulters. Various estimates point to about... numbers. In Italy, the total non-performing loan exposure of banks reached an estimated 360 billion
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CPI falls at decelerating pace of 0.9 pct in May
EconomyMacroeconomy2013 (-2.9 percent) and in January 2015 (-2.8 percent). In its latest estimates on Greece, the IMF expects zero inflation in 2016, while CPI is estimated to rise by 0.6 percent in 2017. In contrast
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Commission sees lower Greek financing needs, provides timetable for course of programme
EconomyProgramme. Based on those estimates, the EC concludes that there would be a remaining buffer of 23 billion... primary deficit is seen at 3 billion. Net financing needs are estimated at 5.2 billion euros
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Moody’s changes outlook for Greek banks from negative to stable
EconomyBankingdown during 2016 and Moody’s estimates the non-performing exposure (NPE) ratio to drop to 40 percent... surplus is estimated at 0.5 percent of GDP in 2016 increasing to 1.8 percent in 2017, in line
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Revenues beat target for third successive month in November
EconomyMacroeconomyrevenues by 567 million to 51.14 billion in line with the estimates incorporated in the 2017 budget..., with revenue collection estimated at 1.09 billion. In addition, taxpayers will have to pay the fourth
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Newsletter 125 -30/06/2017
. The EC estimates that between June 2017 and August 2018 Greece needs to cover 18.9 billion euros...) foresees privatisation proceeds of 4.56 billion in 2017-2021. Revenues of 2.15 billion are estimated
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The gruelling final straight of Greece's bailout
Agorathat the 2017 primary surplus was 3.4 to 3.5 percent of GDP, compared to the most recent estimates of 2.44... Greece should seek a precautionary credit line rather than a cash buffer, estimated at somewhere
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammepercent, signalling a convergence with the IMF estimates, which outlined in detail last summer... are estimated at 14 billion euros between 2018 and 2060 in the latest DSA, of which 11.5 billion
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Newsletter 202 -12/04/2019
percent by 2024. Unemployment estimates are also unchanged at 18.5 percent in 2019 and 17.5 percent... of GDP in 2023 and 2024. The cyclically-adjusted primary balance this year is estimated at 5.4 percent
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