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Travel balance up by 81.4 pct in November, foreign arrivals increase
EconomyMacroeconomyvisitors, meaning that according to BoG at least, 2017 is set to exceed SETE’s estimates. Furthermore.... These estimates are also supported as being on track for 2017 by BoG.... projections, foreign arrivals are estimated to rise by 1.2 million or by 4.8 percent to 26 million
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Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
EconomyMacroeconomy’s estimates. Furthermore, travel receipts were foreseen to increase by at least 1 billion and range... surpassing estimates..... According to SETE’s projections, foreign arrivals were estimated to rise by 1.2 million or by 4.8 percent
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Turnover in tourism sector up 7 pct in Q4, increasing by 9.9 pct in 2017
EconomyMacroeconomyto BoG, tourism figures for 2017 have exceeded SETE’s estimates. Furthermore, travel receipts were... of 14.6 billion euros across the year, slightly surpassing estimates.... estimated to rise by 1.2 million or by 4.8 percent to 26 million in 2017. In total, the BoG figures
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Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
EconomyMacroeconomythat according to BoG, tourism figures for 2017 exceeded SETE’s estimates. Furthermore, travel receipts were... expenditure of 14.6 billion euros across the year, slightly surpassing estimates.... estimated to rise by 1.2 million or by 4.8 percent to 26 million in 2017. In December, the BoG
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About last night
Agorabuffer came in line with expectations. The Eurogroup statement estimates the cash buffer... the precautionary credit line. The IMF’s estimates for Greek growth are much more conservative than... by the European Commission, Brussels had estimated an amount of just over 10 billion euros could be used
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Government looks to review visit for nod on tax package
EconomyProgrammeestimates and the primary surpluses of 2019 and 2020 will pave the way for a major tax bill to be tabled..., but the institutions approached them with some scepticism. The Greek side estimates that the new... profits is estimated at 1.2 billion euros; this is precisely the cost of the additional tax relief
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PBO highlights areas of uncertainty for 2020 budget
EconomyMacroeconomythe European Commission and the IMF estimates (2.2 percent). The PBO argues that although..., the effectiveness of the motives for higher electronic transactions and the ambitious growth estimates... highlights that in nominal terms the positive impact estimated in the budget is just short
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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economy, however the growth estimates for this year have been trimmed down in the draft budget to 2 percent and although New Democracy expects acceleration to 2.8 percent for 2020, the latest estimates from... to be revisited, such as the replacement rates of supplementary pensions, with the fiscal cost estimated at 300
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Newsletter 241 - 28/02/2020
for such estimates. Nevertheless, key sectors of the Greek economy are expected to suffer the effects of reduced... Theocharis estimates based on industry sources that the cancellation rate of Chinese bookings in Greece... activity. So far, it is estimated that 46 percent of departures from Asia to Europe have been cancelled
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BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
Economyrecent forecast of 2.4 pct growth has become obsolete so quickly. BoG notes that any estimates... estimates. The OECD sees global growth slowing by 0.5 percentage points to 2.4 pct. For Europe, the OECD.... In a more adverse scenario global growth is seen at 1.5 pct. ECB economists this month estimated
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