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Newsletter 110 - 10/03/2017
will have to legislate the fiscal measures before there is any clear commitment from the eurozone... provisional estimates revealed. The GDP contraction mostly reflects a drop in general government... posted a marginal growth QoQ. The provisional estimates also showed that GDP fell by 1.1 percent year
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Regling underlines concerns about fiscal target after voter-friendly measures
EconomyProgrammetheir efforts to clear the remaining 1.4 billion and stop creating new arrears by further modernising... up to cushion it in the post-programme period. The ESM estimates the total cash resources of Greece...; there's another half year to go. So we are talking about estimates here. “We also are concerned
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Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
EconomyProgrammeabove the target, which could impact efforts to clear all state arrears by mid-2021. At the same... of October. On the macro front, the Commission maintains its latest estimates for 9 pct recession this year... of pensions. The report estimates that the support measures to date are broken down by 3.1 billion
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Newsletter 351 - 16/09/2022
on the energy front. Kyriakos Mitsotakis and the Finance Ministry officials wanted to send clear signals... Staikouras highlighted the outperformance of the Greek economy compared to the previous estimates... outpaced the ministry’s estimates, with the total cost for 2022 jumping to 13.2 billion euros, up by 55
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Newsletter 498 - 13/03/2026
two opinion polls - by Opinion Poll and Pulse - reveal a consistent pattern: a slight but clear... of Greece (NBG) estimates that if current conditions extend into April, they could trim half a percentage... to be felt in their operations, initially through energy channels. If the estimates of many analysts
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Retail sales rise by 2.2 pct in December, average growth of 1.7 pct in 2017
EconomyMacroeconomyestimated to reach 4.09 billion euros, from 4.03 billion in 2016. Overall in 2017, total retail turnover was estimated at 42 billion, from 41.4 billion in 2016, a 1.5 percent rise. On an annual basis, with an average preliminary rise in retail turnover of 1.7 percent, that estimate appears to have been
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Newsletter 153 -2/03/2018
was estimated at 42 billion, from 41.4 billion in 2016, a 1.5 percent rise. On an annual basis, with an average preliminary rise in retail turnover of 1.7 percent, that estimate appears to have been surpassed..., recovering from three straight months of negative readings. December 2017 sales were estimated
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Study outlines economic potential of targeting senior and health tourism
Societysenior and health tourists. The survey went on to estimate how the Greek economy could gain if it made... The research estimated that under ideal conditions with all the outstanding infrastructure problems addressed..., the study estimated. The report concluded that senior tourism and wellness tourism were both areas
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How economic sanctions on Russia could affect Greek economy
Agorato more activities. Here we make a rough attempt to estimate the size of Russia’s footprint on the Greek..., it estimated that a 10 pct drop in income from visitors translates into a 1 pct drop in GDP. Golden..., but is estimated to total somewhere in excess of 150 million euros. This is a tiny fraction
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Regling and Wieser: The key points
AgoraStability Mechanism rules are quite clear in that they require consensus of the member-states... sustainability and implementation that will remove uncertainties. It was made clear again that nominal debt... has a number of arrears to the private sector which it will be able to clear. He also argued
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