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  1. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent decline in expenditure by the general government. Gross capital formation declined by 2.2... by 1 percent this year. Investments Gross capital formation declined by 2.2 percent QoQ following... published in July stands by its revised estimate for 2018 growth from 2.6 percent previously to 2 percent

    17%
  2. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    pensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since

    17%
  3. Debt relief, MTFS and return to bond markets on agenda after technical agreement
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyProgramme

    on Thursday that the MTFS will foresee a primary surplus of 2.2 – 2.3 percent of GDP for 2017, above the programme target of 1.75 percent and higher than the 2017 budget estimate of 2 percent. Moreover... of 2.7 percent. The International Monetary Fund anticipates the domestic economy would expand by 2.2

    17%
  4. Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
    Finance Ministry

    EconomyMacroeconomy

    sees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent. Next year’s estimate is unchanged. Despite the downward revision of this year’s growth estimate, which probably stems from the modest growth in the first

    17%
  5. EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
    Photo by MacroPolis

    EconomyMacroeconomy

    is lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2 percent estimate in last year’s autumn forecasts. For next year, the policy interventions by the new... in the draft budget estimate growth will reach 2.8 percent next year, mostly led by a substantial

    16%
  6. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    . Specifically, the MoF adopts the EC estimate pointing to a 2.7 percent growth in 2017 fuelled by a 1.8... percent above last year’s estimate. It is projected to increase by 3.5 percent to 182.33 billion... have been downward adjusted by 2.2 percent to 48.16 billion euros in 2016, largely reflecting

    16%
  7. 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

    16%
  8. 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

    16%
  9. 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

    16%
  10. Greek households spend greatest share of income on accommodation in EU
    Photo by Harry van Versendaal

    Society

    ranked ninth in terms of the rate of overcrowding in the population as a whole, with just over one...”. It also highlights that in the 2011 Eurostat census, “Greece had more than 2.2 million unoccupied

    16%