Tag Archives: forecasts

Travel agents in Greece were everything but optimist. They mostly deal with the domestic tourist market and their forecast are ominous. Furthermore they complain that they have been excluded from the government program for subsidized social tourism with the effect that they can hardly manage to restart the sector. Travel …

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The European Commission sees Greece’s economy returning to recession in 2015 and the following year, with growth only materialising in 2017, and urged the Greek government to comply fully with the terms of the third lending agreement in order to restore economic confidence. According to finance news MNI.com, in its …

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The Organization for Economic Cooperation and Development cut its global growth forecast, saying investment is lagging and risks including a possible Greek default are hurting confidence. In its semi-annual report the OECD says  that “the world economy will expand 3.1 percent this year, down from the 3.7 percent predicted last …

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Greece is moving forward. Like a wild horse in the prairie, the debt-ridden country is galloping towards economic recovery and prosperity for all. If only there were not the grimy numbers predicting that the wild cart called Greece has still long way to go, as week by week, the economic …

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European Commission’s economic forecasts published on Friday suggest that in 2013 we will see a gradual recovery in economic activity in the Eurozone. It should initially be driven by an improvement in external demand and later by an increase in domestic investment and consumption. As far as Greece is concerned, …

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Greece’s lenders, the Troika, apparently cast doubts on revenue targets The Greek government forecasts to collect from fighting tax evasion. The case refers to Greek government forecasts about revenues from combating tax evasion and for the years 2013-2016. Greek Finance Ministry predicted to collect 3.8 billion euro. The Troika, however,  “sees” only 1.9 …

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Is this a good or a bad sign? May 2012 Full Moon occurs on May 5th, just one day before Greeks will rush to cast a vote and elect a new government. This full moon occurs at the sign of Scorpio and near Libra. Scorpio has the reputation of some …

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Small Greek businesses expect revenue to fall in the first half of this year as the economic environment deteriorates, a Marc SA poll showed, according to Bloomberg. Half of 1,200 enterprises surveyed said they foresee difficulties in the coming months and are at risk of shutting down, according the poll, …

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A wonderful ‘blood-red’ full moon will rise after the sunset on December 10th, 2011. Bright and mysterious and a kind of scary. The full moon on Dec 10/11thfalls victim of a total lunar eclipse. As the moon will rise in Europe it will be covered partially with the shadow of the earth, …

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Oh Oh Oh! Looking at the planets I would urgently and strongly advice our esteemed EU leaders to postpone the EU Summit scheduled for Thursday and Friday,  December 8th and 9th 2011.  Not only retrograde Mercury will have a major negative impact on their communication and will get them involved in endless …

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