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  1. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    entities. Similar to January, the state budget recorded the highest surplus at 852 million, yet

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  2. Greeks express most negative sentiments about economy in global poll
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    survey was conducted in March and April 2017 through face-to-face interviews with 852 respondents

    10%

  3. Travel balance increases by wide margin in June from last year's tourism collapse
    Photo by MacroPolis

    EconomyMacroeconomy

    to 790.7 million euros for the month, increasing by 852 percent year-on-year (YoY). Travel payments

    10%

  4. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    previous estimate that economic activity will start picking up from the second half of this year.... However, EC updated its estimates on the GDP components and is now expecting private consumption to drop... estimates involve persistence of the strong revenue collection as well as revenue administration

    10%

  5. IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    upped its primary surplus estimate for 2016 to 3.3 percent of GDP, from 0.1 percent in its previous... Fiscal Monitor, which provided its updated fiscal estimates. Unlike the downward revision of its..., the Fund estimates a lower primary surplus of 1.5 percent of GDP from 2019 onwards. This means that IMF

    10%

  6. Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates

    EconomyMacroeconomy

    previous estimate for a GDP contraction of 0.7 percent expected in early February. In specific, EC... 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday. The headline... is the highest negative reading since Q4 2014. ELSTAT said flash estimates are expected to be revised upon

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  7. Deadly collision throws spotlight on government’s migration policy

    PoliticsGreek Politics

    the crossing from Libya, and for which the Greek Ombudsman recommended disciplinary charges against... insufficient compared to the needs of industry which estimates a requirement of closer to 200,000... those living and working legally in Greece, including an estimated 155,000 migrants on long-term

    10%

  8. Revised GDP data shows recession for 2016, higher growth in 2014
    By Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    According to the Hellenic Statistical Authority’s (ELSTAT) second estimate for the 2016 Annual... an initial estimate of 0.1 percent growth. ELSTAT also revised the national accounts for the years... compared to an initial growth estimate of 0.6 percent. Expenditure of households dropped by 0.1 percent

    10%

  9. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    of the flash estimate. All key GDP components fell QoQ. The most significant drops were seen... 2015, the Hellenic Statistical Authority (ELSTAT) provisional estimates showed on Monday. The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released

    10%

  10. EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    adjustments for the Greek growth outlook from the previous estimate in May. The Commission for 2024 sees... in 2025, falling below the 2 percent threshold in 2026. In the estimates in May, inflation for 2024..., dropping to 9.8 percent next year and 9.2 percent in 2026. This is broadly in line with the estimates

    10%