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  1. Newsletter 106 - 10/02/2017

    Newsletters

    for beyond 2018. Reports on Thursday suggested that the lenders will ask for 2 percent of GDP, roughly... envisaging the 2016 primary surplus close to 2 percent of GDP, well above the programme target of 0.5... and ANFA profits and locking in the loan interest rates below 1.5 percent. 2 Unemployment remains stable

    7%

  2. Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    relief in the form of smoothing interest payment for EFSF loans coupled with a primary surplus of 2... primary surplus of 2 percent after 2018, extension of all eurozone loan maturities by 20 years... surplus of 3.5 percent of GDP until 2027 and gradual decline to 2 percent of GDP until 2037. The second

    7%

  3. GDP up by 2.3 pct year-on-year in Q1 on strong export growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent year-on-year (YoY) after upwards revised growth of 2 percent in Q4. The GDP movement in Q1... upwards revised growth of 2 percent in Q4. The headline GDP growth on an annual basis is the highest...) revised Greece’s growth from 2.6 percent in 2018 to 2 percent. The forecast for 2019 was also

    7%

  4. GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019

    EconomyMacroeconomy

    just short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019...’s GDP was expected to grow by 2 percent in 2019 and by 2.8 percent in 2020. The IMF meanwhile anticipated growth of 1.8 percent in 2019, followed by 2.3 percent in 2020 and 2 percent in 2021

    7%

  5. General govt primary cash deficit of 1.85 bln in Apr as revenues decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (including tax refund arrears) fell by 2 million compared to March and came to 2.40 billion. Month... (-3 million each). Extrabudgetary funds fell by 2 million euros, while rises were noted in tax refunds (+16 million) and SSfs (+2 million). Since the start of the year, total arrears have fallen

    7%

  6. Does the EU Commission suffer from optimism bias? (Part 1)
    Photo by EC - Audiovisual Service

    Agora

    and why these differences are important for policy interpretation. In part 2 of this blog, we will call.... Real GDP is the product of labor input and average labor productivity (Q = L *(Q/L)). Figure 2 shows..., and a bigger labor force, hence delivering higher employment throughout the future years (Figure 2

    7%

  7. General government bottom line continues to improve with moderate decrease in arrears

    EconomyMacroeconomy

    . The government is expected to repay arrears of 7 billion by the end of the year, 1 billion lower than the initial... noting that on Monday (October 7) the MoF will table to Parliament the 2014 draft budget. A bulletin

    7%

  8. Final act in ERT closure carries significant risk for coalition

    PoliticsGreek Politics

    . #ERT http://t.co/QHoSB72hbX — Thalion (@Thalion_1) November 7, 2013 Government communications... Safioleas (@stratosathens) November 7, 2013 Nevertheless, the government has banked on the fact

    7%

  9. October revenues reverse earlier shortfall, annual primary surplus in sight

    Economy

    . According to the 2014 draft budget tabled in Parliament on October 7 [Link to 2014 draft budget post on Oct 7], Greece estimates a small gg primary surplus of 344 million (0.2 percent of GDP) in 2013, which

    7%

  10. PASOK's future hangs in balance as Greece prepares for EU vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    for iefimerida.gr(#EP2014): SYRIZA 23.2, ND, 22.2, GD 8.5, Olive Tree(PASOK) 7, ToPotami 7, KKE 5.6

    7%