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PBO sees fiscal target being reached despite expansionary measures
EconomyProgrammefiscal space following the programme commitments, the redistributive effect of those measures mostly... these will lead to lower prices, in which case consumers will feel the redistributive effect. If prices remain
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesexempted taxpayers earning between 6,000 and 9,000 euros. The effect on low-to-middle earners (up... with reducing the basic tax rate, this would have the effect of raising the basic tax-free threshold to around
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BoG notes economic progress, urges safeguarding of fiscal credibility
Economythe fully loaded effect of the new IFRS 9 framework of booking bad assets. The BoG expects the economy... with a multiplying economic effect and the development of state assets.
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Newsletter 211 -21/06/2019
as 13th pension payment takes effect In the financial stability report the Bank of Greece (BoG) published... percent in 2017, without the fully loaded effect of the new IFRS 9 framework of booking bad assets
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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Features. This equals a multiplier effect of 2.2. According to the IOBE multiplier, in 2018, tourism directly...). This estimated the multiplier effect from each euro of direct tourism revenue to be 2.65. According
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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
Economy, and the average maturity of 21 years is among the longest of all Fitch rated sovereigns. The combined effect... developments in the banking sector would have a knock-on effect on the real economy and public
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SYRIZA targets broader appeal as ND focuses on next bills
PoliticsGreek Politicsof the party’s youth wing on Sunday night, was one of inclusivity. In effect, it means that Tsipras... at a gathering of the party’s youth wing on Sunday night, was one of inclusivity. In effect, it means
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Newsletter 232 -13/12/2019
into effect when the senior notes have secured the minimum credit rating of ‘BB-‘ and the management... that in anticipation of the Hercules coming into effect, and A rare show of unity was achieved
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Greece braces for potential impact of coronavirus on key economic sectors
PoliticsGreek Politicsto feel the effect of slowing economic activity at the epicentre of the virus. Imports from China... a combined effect with tourism totalling 1.5 percent GDP. Policy impact With such large numbers at stake
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Newsletter 241 - 28/02/2020
to feel the effect of slowing economic activity at the epicentre of the virus. Imports from China..., and a 10 percent reduction in revenues according to the conservative scenario could have a combined effect
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