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  1. Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
    Photo by MacroPolis

    EconomyMacroeconomy

    on year (YoY) in Q3, higher than the flash estimate of 1.7 percent, according to the provisional... figures imply the domestic economy grew by 0.7 percent in the 9-month period, slightly higher than... than 70 percent of GDP and has declined by more than 24 percent since 2008, mainly reflecting

    6%
  2. Snap elections in Greece: The scenarios ahead

    PoliticsGreek Politics

    in office for anything more than the short-term. No clear winner, back to square one There is strong... likely than the latter and so far only one polling company (Public Issue) has published projected... whether this could form a strong enough basis for sustainable cooperation. As the Independent Greeks

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  3. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    imports (-4.9 percent) and broadly stable exports (+0.1 percent) more than offsetting the nosedive in investments by 10.6 percent. The released figure is 0.1 percentage points (pp) higher than the flash..., higher than the flash estimate of 1.4 percent, from an upward revised 0.6 percent in Q1. Due

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  4. IMF sets out its stall as review deliberations resume in Athens
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    , the IMF sent a very strong message regarding the Greek programme on Monday evening. In a blog post... Greece exempts more than half of taxpayers from paying taxes. This compares to an average of just 8 percent in the eurozone. The tax-free threshold stands at 8,750 euros in Greece and is higher than

    6%
  5. Newsletter 104 - 27/01/2017

    Newsletters

    be. Tsakalotos claimed that all the participants acknowledged that the Greek economy performed better than expected in 2016 and that the strong fiscal overperfomance means that demands for upfront... 30 percent from 2015 and beating the target of 750 million, mostly due to the strong performance

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  6. Newsletter 108 - 24/02/2017

    Newsletters

    than tripled, peaking at 27.5 percent in 2013, while it decreased by more than 2.5 percentage points..., respectively, coupled with a slightly higher goods deficit by 35 million, which more than offset... falls posted in the first half of 2016 led the index down 5.1 percent for the whole year. The strong

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  7. Newsletter 110 - 10/03/2017

    Newsletters

    of car sales, while more than 57 percent are registered in the Attica prefecture. Following the strong... from just 31 million last year, which more than offset the deterioration in the fiscal outcome... on year (YoY) in Q4 after strong growth of 2 percent in Q3, which also reflected a low base effect

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  8. Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Following this revision, the 5-month primary surplus beat target by 792 million, fully reflecting strong underspend with primary expenditure coming in 791 million lower than target. The monthly primary... million higher than target. The aggregate figure for the 5-month period showed primary expenditure

    6%
  9. Newsletter 179 -19/10/2018

    Newsletters

    , slightly lower than the 9.6 percent growth seen in March. In nominal terms, the Greek economy grew by 2.1... than the initial nominal growth estimate of 9.9 percent. According to the latest data, the Greek... territory in September with 6,556 more hirings than departures, data from the Labour Ministry’s Ergani

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  10. Newsletter 224 -18/10/2019

    Newsletters

    -September budget execution figures showed that there was a strong fiscal outperformance... in the coming years are grimmer than previously thought. In the World Economic Outlook (WEO), published... it expects to run a total surplus of 0.1 percent next year. Tax repayment scheme receives strong

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