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Scope leaves rating unchanged at 'BBB', ups outlook to positive
Economyof the euro area, supported by robust domestic demand, a thriving tourism sector, and a wave..., and the labour market, have further strengthened growth fundamentals. Scope sees 2025 growth at 2.2 pct...-term fiscal risks. The country’s potential growth is estimated at just 1.25 pct. Externally, Greece’s
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyfunds 166 million and 859 billion by other legal entities, to make up the actual spend of 4.97... and estimates due to limited resources. It notes that when there is an underspend in a fiscal year
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Talks on bailout review head for crucial weekend
EconomyProgramme. Meanwhile, the Labour Ministry announced on Thursday that an amount of 859 million from the 2017... estimated the primary surplus would reach 0.63 percent of GDP in 2016 and 1.8 percent in 2017, both
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Newsletter 235 -17/01/2020
was 2.82 billion, municipalities spent 1.12 billion, social funds 166 million and 859 billion..., the Hellenic Banking Association said that roughly 60 percent were rejected, and an estimated 30
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IMF downgrades Greek GDP and unemployment forecasts
EconomyMacroeconomyto grow at a slower pace of 2.2 percent in 2017 compared to its initial forecast of 2.8 percent... year on year compared to IMF’s estimate for a growth of 0.7 percent. The European Commission (EC... of Greece (BoG) has a slightly lower estimate of 2.5 percent, while the OECD foresees a much slower growth
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Newsletter 76 - 03/06/2016
inflows of 55 million in March. The breakdown showed households posted inflows of 777 million in April... provisional estimates, which showed GDP contracted 0.5 percent quarter on quarter (QoQ) and 1.4 percent year... outlook published on Wednesday, the OECD’s latest estimates on Greece point to a marginal contraction
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What can Greece expect at the next Eurogroup?
Agora– by which time the Greek government is expected to have completed its 140 prior actions, given... even if QE is not forthcoming. This would, however, need a robust agreement on June 15 and perhaps
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New asylum law comes up against old failings
Agorarevealed that the total number of available staff at island reception centres stood at 140. The Dutch... staff needed to create a robust system. Although Greece’s financial resources are limited
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Passing of insolvency law gives opposition campaigning foothold
PoliticsGreek PoliticsParliament passed legislation setting out the new insolvency code on Monday, with 158 votes in favour from the government benches, while 140 opposition MPs voted against the bill in principle. Debate... the government of timidity and calling for a more robust stance including the unilateral extension of territorial
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DBRS leaves credit rating of 'BBB' and stable outlook unchanged
EconomyMacroeconomypct. Growth is fuelled mainly by robust domestic demand, healthy employment, and EU-funded investment... and surpluses are pushing debt lower toward 140 pct by 2026 and below 130 pct by 2029. Investor confidence has
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