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  1. EC warns budget not on track due to handouts, advises against further underspend
    Photo by MacroPolis

    EconomyProgramme

    estimated, based on the General Accounting Office’s estimates which accompanied the bill... installment schemes for tax and social insurance contributions arrears. The Commission estimates the package at a cost of 1.1 to 1.4 percent of GDP, essentially double the Greek estimates. The gap stems

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  2. Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
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    EconomyMacroeconomy

    in the fourth quarter of 2013. Based on these forecasts, BoG estimates the internal capital... fourth review estimates (July 2013) and incorporate: GDP rebound of 0.6 percent in 2014, 2.9 percent... and Panellinia, increase to 6.381 billion. The released figures were estimated by the BoG on the basis

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  3. A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
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    Economy

    to ease debt servicing. In addition, he outlined a national plan for reconstruction at an estimated... is estimated at 2 billion euros. SYRIZA leader stressed that the implementation of those measures... electricity to 300,000 households below the poverty threshold (estimated cost at 59 million), subsidized

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  4. What lies at the heart of differences over Greek banks' capital needs?
    Photo by MacroPolis

    Economy

    its own estimates if Athens proceeds with the disclosure of its own forecasts. The FT indicates the ECB has similar estimates to the IMF and has also pushed for Greece to take a closer look at its... is most likely related to the methodology and the assumptions behind Greece’s and troika estimates

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  5. Newsletter 98 - 02/12/2016

    Newsletters

    Economic Outlook report, published on Monday. For 2018, the OECD estimates a faster GDP growth... than the 0.5 percent QoQ rise recorded in the flash estimates released on November 14. The provisional estimates also showed GDP increased by 1.8 percent year-on-year in Q3, from a downward revised

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  6. IMF raises forecast for primary surplus but differences with European lenders remain

    EconomyMacroeconomy

    Following the publication of its macro estimates in the World Economic Outlook (WEO), the International Monetary Fund issued on Wednesday its latest fiscal estimates in the Fiscal Monitor, where... at 2.9 percent of GDP, up from 2.2 percent previously, a number closer to the fiscal estimates

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  7. Greece braces for deeper Covid-19 impact on economy, budget and public debt
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    Economy

    estimates by the authorities that the situation could be contained within the second quarter of the year..., like tourism, from a total collapse. Most international estimates converge towards Greece facing... to be extended into May, and highly likely June. The authorities’ reported estimates for funding needs

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  8. EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in

    EconomyMacroeconomy

    announced a new national lockdown. Naturally, the estimates for 2020, and potentially the carry-over... fronts. Even so, although the recession for 2020 is left unchanged at 9 pct, the estimates for next... in the estimates, however it can help domestic demand once it begins to flow. Naturally, the economic effects

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  9. Newsletter 272 -06/11/2020

    Newsletters

    reported on Wednesday that the Finance Ministry is revising its estimates for recession this year... a new national lockdown. The estimates for 2020, and potentially the carry-over effect next year, do..., although the recession for 2020 is left unchanged at 9 pct, the estimates for next year’s recovery have

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  10. Finance Ministry grapples with escalating cost of pandemic

    Economy

    estimates are already looking dated. In Monday’s announcement, the current cost was put at 2.4 billion... the initial estimates to 3 billion euros for the first four months of the year, by adding 500... Nea reported on Wednesday that the Finance Ministry is changing its estimates on a weekly basis

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