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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammeand out of the 10.5 percentage points rise in the debt-to-GDP compared to March estimate, 2.5
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IMF paper suggests shadow economy still thriving
EconomyFeaturesA working paper from the International Monetary Fund (IMF) on the shadow economy of Europe has shown that the phenomenon continues to persist in Greece. The paper aimed to note the drivers of the shadow economy in Europe and estimate its size. It found that the shadow economy mostly declined
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Banks gear up for 2020 stress tests as evaluation begins
EconomyBankingestimate. The adverse scenario expects deflation over the coming years that will reach, -0.5 percent
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Newsletter 242 -06/03/2020
the government’s estimate. This could create significant problems for the government to meet its fiscal targets
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PM increases coronavirus support package to 10 bln, while sounding dire warning to public
PoliticsGreek Politics, bringing the total to 464. The official estimate of total infections in the community based on modelling
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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesThe Bank of Greece (BoG) has made its first estimate of the impact of the coronavirus on the property market in Greece while outlining the positive year enjoyed by the sector in 2019. In the 2019 governor's annual report, BoG analysts said that 2019 was a strong year for the Greek real estate
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Newsletter 246 -03/04/2020
of GDP. Additionally, the Bank of Greece (BoG) has made its first estimate of the impact
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Study proposes higher public spending to counter expected rise in NPLs
EconomyFeatureseconometric vector error correction models. To create the estimate, data was used covering the period
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ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politicsbillion euros. However, given that banks estimate the investment gap in the economy at 10 billion
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Govt weighs up stricter measures to suppress Covid-19, talks up vaccine hopes
PoliticsGreek Politicsestimate rather than being based on any official schedule. In recent days, the prime minister’s
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