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  1. Q4 GDP rises by 0.9 pct QoQ, taking full-year growth to 2.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Finance Ministry estimates included in the final 2025 budget, the estimate for 2024 was revised slightly down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability report... by 0.5 percent QoQ and services exports increased by 2.2 percent. Imports of goods dropped by 1.4

    27%
  2. Debt, fiscal path still divide lenders ahead of Washington Group meeting
    Photo by IMF https://flic.kr/p/zBf1FT

    EconomyProgramme

    2.2 percent previously. The new figure is closer to the fiscal estimates of the Commission..., and slightly lower at 1.8 percent next year. The estimate for this year is a substantial revision from the WEO estimate in October, when the Fund expected Greece to grow by 2.6 percent in 2018

    27%
  3. Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    movements in Q2 were led by growth in final consumption, where private consumption rose by 2.2 percent... in the Stability Programme for 2022-2025, the growth estimate is revised down to 3.1 pct, from the 4.5 pct figure included in the final 2022 budget. The latest inflation estimate has also been pushed up

    27%
  4. Greece - Some structural macroeconomic arithmetic
    Photo by MacroPolis

    Agora

    emerges? We can give some hints at this, too. Consider fiscal policy. Greece has signed up.... This explains why different institutions have different estimates of potential output and potential output...,” in their view, for the time being. These differences in potential output growth estimates are not innocent

    27%
  5. Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
    Photo byPanayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , expecting GDP to grow by 2.1 percent, while the IMF estimate is slightly higher at 2.2 percent.... not available at the time of the flash estimate. The GDP expansion in Q1 reflects a rebound in final..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Friday. The headline figure

    27%
  6. Newsletter 135 - 13/10/2017

    Newsletters

    percent July estimate. On the fiscal front, the IMF estimates in its Fiscal Monitor - also published... of GDP this year and 2.2 percent in 2018, hitting the programme target of 3.5 percent of GDP in 2019... that although the IMF believes the primary surplus will reach 2.2 percent of GDP in 2018

    26%
  7. Athens expands survey area off Crete, signs MoU with Egypt
    Photo by MacroPolis

    PoliticsForeign Policy

    Exclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete

    26%
  8. Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    growth estimate of 2.7 percent to 1.8 percent for 2017. The key drivers for the anticipated rebound... Thursday. It did, however, lower its previous estimate from 2.7 to 2.1 percent. The downward revision... published the most optimistic projection so far. It expects GDP to rebound by 2.2 percent, while

    26%
  9. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    government figures have been drip-feeding hints of a post-MoU relaxation to a desperate domestic.... It is estimated that this adjustment will result in an average pension reduction of 14 percent for around... to an estimated 20.6 billion euros in 2017. Funding by the state Public pension funds have run a deficit since

    26%
  10. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the service sectors, which were not available at the time of the flash estimate. The GDP... estimate, which showed mild growth of 0.3 percent. Following the Q4 performance, the aggregate... displayed exports of goods declined by 5 percent QoQ and 2.2 percent YoY, while services’ exports

    26%