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European Commission positive on Greece's macro and fiscal prospects
EconomyMacroeconomyforecasts a modest growth of 0.3 percent in 2016, compared to a previous estimate for a mild recession... (from 22.2 percent), while its estimate for 2018 remained unchanged at 20.3 percent. Meanwhile, prices
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Clearer picture emerging ahead of stress tests, banks appear confident
EconomyBankingbankers estimate that by the time the stress tests, which were brought forward to satisfy... realised. According to local media, Greek banks estimate the IFRS 9 standard to result
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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economyreal growth slowing down to 1.2 percent by 2027, compared to the European Commission’s estimate range of 0.6 - 2 percent, and the IMF’s estimate of 0.9 percent. Fitch welcomes the developments
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OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
EconomyMacroeconomyupped its 2024 growth forecast to 2 pct, from 1.6 pct in the previous estimate, although... than the previous estimate at 2.8 pct growth, from 5.6 pct. This is also significantly below
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EC makes minor adjustment to growth forecast, at 2.2 pct for 2024
EconomyMacroeconomyis significantly more modest in its investment growth estimate, seen at 6.7 pct this year, against... growth estimate, seen at 2.5 pct in 2024 and 2.6 pct next year. Even if the more moderate forecasts
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Newsletter 426 - 07/06/2024
. The economy this year will need to exceed this performance to secure the annual estimate. There is also a very ambitious estimate of investment growth in the Stability Programme that sees it rising by 9.1
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Revision of GDP to have varied knock-on effect
EconomyMacroeconomyThe Hellenic Statistical Authority (ELSTAT) released this week the second estimate for 2023 GDP, along with some benchmark revisions of the base year to 2020 and the years prior, starting at 1995. ELSTAT revised up the growth outcome for last year, from 2 pct in the March first estimate to 2.3 pct
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Newsletter 480 - 17/10/2025
published its second estimate for Greece’s annual GDP in 2024, including revisions for 2023 and 2022... in the previous March estimate. Growth for 2023 was confirmed at 2.1 percent, while the economy expanded
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Greece braces for Middle East fallout as polls show ND holding firm despite voter unease
PoliticsGreek Politics‑estimate models but they also reveal overwhelming public anxiety about the conflict in Iran, deep... pct in their vote estimate models. MRB records a rise of almost two percentage points
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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
Economypercent in April and marginally by 0.3 percent in the 4-month period to 7.35 billion, yet 259 million... estimated in the 2015 budget also due to higher revenues from the fees paid by Greek banks for the issue... million by the end of the year. The initial target for collections from this scheme was estimated
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