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  • Photo by MacroPolis GDP growth slows in Q3 amid lower 2017 forecasts

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP grew by 0.3 percent quarter-on-quarter (QoQ) in the third quarter (Q3) of 2017 after an upwards revised increase of 0.8 percent in the previous quarter, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Monday.

  • Photo by Panayotis Tzamaros/Fosphotos Final budget sees strong growth, fiscal overperformance in 2018

    EconomyMacroeconomy

    The Finance Ministry tabled in Parliament on Tuesday evening the final version of the 2018 budget, which the government hopes will be the last budget of the memorandum era as the current European Stability Mechanism programme is set to be completed in August next year.

  • Eurogroup marks start of countdown for prior actions

    EconomyProgramme

    Greece is not on the official agenda for Monday’s Eurogroup meeting, although eurozone finance ministers are expected to receive an update from the institutions’ mission chiefs on where the third review stands.

  • Photo by Panayotis Tzamaros/Fosphotos Focus back on remaining prior actions after mission chiefs' visit

    EconomyProgramme

    After the week-long visit by the institutions’ heads of mission to Athens as part of the third programme review, the focus will now shift back to the implementation of the dozens of outstanding prior actions needed for the inspection to be completed.

  • Photo via Flickr https://flic.kr/p/7BWNey IMF still sees fiscal gap in 2018 - no action needed, for now

    EconomyProgramme

    During the regular cycle ahead of its Autumn meetings in Washington, the International Monetary Fund released the World Economic Outlook (WEO) and Fiscal Monitor (FM) which also include the Fund’s latest macro and fiscal estimates for Greece.

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