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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

Economists The 2014 will be a year of consolidation

Typically, according to Moody 's, 2014, the Greek economy will shrink by 0.5%, while the 2015 will show a growth rate of 1%, with exports and tourism remain the main sources of revenue.

The UBS upgraded its estimates for Greek GDP providing that the recession this year will reach 3.9% instead of 4.5%, which was the previous assessment, and expecting more that 2014 will be a growth of 0, 2% vs. previous forecast for zero GDP growth.

In the UK Barclays, as indicated by the capital, analysts see that the recession in Greece will be 3.7% this year and for 2014 expects GDP to grow by 0.5%. Recall that the official forecast for the EU is 0.6% growth next year as the Greek government.

With the optimistic estimates of Greek government argue that domestic analysts, with Eurobank considering that the economy will return to positive growth in 2014, while according to estimates by Alpha Bankthe average growth rate for 2014 will be 1%.

Optimistic displayed and the Deutsche Bank for the fiscal path of Greece, noting that 2014 and 2015 will be years of growth and in particular expects decline 4.3% this year and growth of 0.8% and 2% in 2014 and 2015 respectively.

The Morgan Stanley recession provides 4% this year, zero growth in 2014 and an increase of 0.4% of GDP in 2015. Alongside expects restructuring debts to the formal sector in the first half of 2014.

The Greek economy seems to have stabilized again, says JP Morganand expects a return to growth, but in the second half of 2014.

In contrast shrinkage of Greek GDP and even by 1.3% by the Council of Economic Advisers (CWG) of German Chancellor Angela Merkel. The discrepancy between the estimates, the German "wise men" and the troika arrives close to 2 percentage points of GDP or close to 3.5 billion euros. But the OECD in its recent report forecasting a reduction of GDP at 0.4% for 2014.

The Citi believes recession of 3.3% in 2013 to Greece. However, for 2014 and 2015, Citi remains among the most pessimistic since recession provides 1.9% and 0.5% respectively. The Citi also believes that the primary surplus will be at 1.7% of GDP in 2014 and 1.6% of GDP in 2015.

Regarding the issue of the financing gap Credit Suisse expects Greece will receive additional funding to cover during the biennium 2014-2015, stressing that the total amount required is small compared with the amounts already received.

The Bank of America Merrill Lynch estimates, however, the funding gap to 10.9 billion euros ($ 4.4 billion in 2014 and 6.5 billion in 2015). But considers that there are incentives for both sides to agree on coverage. Nearby are the estimates of JP Morgan calculates that cover the financing gap requires funds totaling 11 billion euros.

http://www.ant1iwo.com/oikonomia/2013/12/15/oikonomologoi-to-2014-ua-einai-etos-stau/