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  1. Newsletter 143

    Newsletters

    expected in Athens on Wednesday for the protests marking the ninth anniversary of teenager Alexandros... and dropped by 2.2 percent YoY, taking final consumption expenditure down by 0.1 percent QoQ and 1

    16%
  2. Primary surplus confirmed at 6.44 bln in October on revised budget targets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion, while VAT revenues also rose by 2.2 percent to 13.62 billion. On a monthly basis, indirect taxes... to fall YoY for a ninth consecutive period, declining by 7.3 percent YoY to 4.81 billion and landing

    16%
  3. Energy fuels producer price fall of 8.9 pct in Nov, but non-durable consumer goods keep rising

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the ninth successive month in November, dropping by 8.9 percent year-on-year (YoY), after falling sharply by 13.5 percent in October, ELSTAT data... 1.1 percent, durables up by 2.2 percent and non-durable consumer goods increased by 5.9 percent.

    16%
  4. Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
    Photo byPanayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , expecting GDP to grow by 2.1 percent, while the IMF estimate is slightly higher at 2.2 percent.... not available at the time of the flash estimate. The GDP expansion in Q1 reflects a rebound in final..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Friday. The headline figure

    16%
  5. Athens expands survey area off Crete, signs MoU with Egypt
    Photo by MacroPolis

    PoliticsForeign Policy

    Exclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete

    16%
  6. Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    growth estimate of 2.7 percent to 1.8 percent for 2017. The key drivers for the anticipated rebound... Thursday. It did, however, lower its previous estimate from 2.7 to 2.1 percent. The downward revision... published the most optimistic projection so far. It expects GDP to rebound by 2.2 percent, while

    16%
  7. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the service sectors, which were not available at the time of the flash estimate. The GDP... estimate, which showed mild growth of 0.3 percent. Following the Q4 performance, the aggregate... displayed exports of goods declined by 5 percent QoQ and 2.2 percent YoY, while services’ exports

    15%
  8. IMF's latest macro and fiscal estimates reflect economic stability
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    economy growing by 2 pct this year and in 2026, with both estimates below the outlook the Greek authorities included in the 2026 draft budget, which expects the economy to grow by 2.2 pct this year and accelerate to 2.4 pct next year. The estimates are marginally improved from the World Economic

    15%
  9. Newsletter 178 -12/10/2018

    Newsletters

    in the last quarter of this year, expecting the Greek economy to grow by 2.2 percent, from 2.7 percent... growth is seen accelerating further in the last quarter of next year, with the estimate revised... by 1.8 percent, up from the April forecast of 1.7 percent. The current account deficit estimate

    15%
  10. Newsletter 429 - 28/06/2024

    Newsletters

    path in the short-term, with the estimate for this year at 2.2 pct, then 2.5 pct in 2025 and 2.3 pct in the following year. This year’s estimate by the BoG is slightly more modest than the 2.5 pct forecast of the Finance Ministry. Greece’s central bank notes that the estimates are subject to downside

    15%