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Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
PoliticsGreek Politicsestimate put the number of entertainment professionals facing unemployment over the next six months... to operate this summer and engage some of the estimated 700,000 workers employed in the sector. Among
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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economy. This is underpinned by an estimate of average growth up to 2025 of 3 pct. The stable outlook reflects... on a 2.2 pct of GDP primary surplus in 2024. The debt-to-GDP ratio is estimated on a sliding path
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Newsletter 458 - 04/04/2025
to the US, while agricultural and food products were close to 31 pct. In an estimate last month, Bank.... It is estimated that over 400 billion euros of EU exports to the US will be affected by the newly
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Trump's tariffs create gloomy economic environment for vulnerable Greece
EconomyMacroeconomyagricultural and food products were close to 31 pct. In an estimate last month, Bank of Greece had assumed 10..., with the US being the second largest market with a 5.4 billion euros share. It is estimated
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Water shortages a growing concern as government warns bills could increase
PoliticsGreek Politicsin the west of Greece, a complex project which is estimated to require at least two years of construction. The ministry, however, acknowledges this is a wildly optimistic estimate given the lead time required
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Newsletter 467 - 20/06/2025
for adverse developments to materialize and the 2.3 pct growth estimate of the Greek authorities appears.... Last year, more than 620,000 tourists from Israel visited Greece with estimated receipts of almost
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Conflict in Middle East puts fresh pressure on economy
EconomyMacroeconomyand the 2.3 pct growth estimate of the Greek authorities appears to be getting out of reach.... Israel visited Greece with estimated receipts of almost 420 million euros via 3.9 million overnight
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Final 2026 budget foresees stable growth and strong tax performance
EconomyMacroeconomy, investments were expected to grow by 8.4 percent - an estimate that never materialised. Exports growth..., from 9.15 billion in 2025. Interest payments are estimated at 3 percent of GDP, or 7.71 billion
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Newsletter 506 - 29/05/2026
and a post-crisis normalization. However, this growth has come at a cost as IMF staff estimate... in the property market. An estimated 35% of Greeceās housing stock is currently not used as a primary
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyit is not clear whether revenue outperformance is mostly related to better tax collection or target revision... narrowed by 48.3 percent to 1.99 billion euros. The MoF revised the full year estimates according
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