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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyby 5.2 percent QoQ and services exports increased by 1 percent. Imports of goods rose by 7.8 percent... year-on-year, while imports were up by 9.6 percent. Goods exports increased by 2 percent YoY, while... latest WEO released in April, the IMF sees growth of 2 percent in 2024. In its latest economic outlook
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Newsletter 42 - 11/09/2015
injected into the systemic banks, the resolution cost of non-core banks reached a total of 15..., of the total financial envelope of 50 billion that was earmarked for Greek bank recapitalisation... proceeded with capital increases of 8.3 billion in total, with the cancellation of HFSF pre-emption
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Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
EconomyMacroeconomyof the total figure. Investments grew by 2 percent in H1 and are seen increasing by 3.3 and 4 percent... respectively. This dragged total consumption down by 1.6 percent. For the whole year, the Finance.... Total exports declined 11.4 percent in H1, fully attributed to a nosedive in services by 25.1 percent
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Greeks underwhelmed by deal with lenders, stressing uphill task for Tsipras
PoliticsGreek Politicsin Efimerida ton Syntakton newspaper indicated that a total of 67 percent of Greeks view... believe it was “good” or “probably good.” A total of 14 percent is undecided. It is notable... Independent Greeks is polling below the threshold, on 2 percent. The ProRata survey also underlined
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Newsletter 154 -9/03/2018
billion. 2 Unemployment rate at 20.8 pct in Dec Total for the year shows that 107,687 more people were... showed. In December, a rise of 8,378 people employed was noted versus November. The total for those... 2011 where the total number of unemployed has stayed below the 1-million mark. Broken down
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Newsletter 159 -27/04/2018
produced a total surplus of 1.45 billion euros, which translates into 0.8 percent of GDP. The primary... are broadly in line with Greece’s fiscal performance in 2016 when the latest figures report a total... remained broadly unchanged, with a small revision by 0.1 percent higher in the total balance for 2016
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomycharacterised by confusion and instability. Between 2001-2015, the report counted a total of 36... of any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according... in Greece . The total tax rate for businesses when insurance contributions are factored in was 44
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Newsletter 189 -11/01/2018
/ESM/IMF loans edged down by a slight 2 million, and represented 71.5 percent of the total debt...) guarantees, which make up 17 percent of the total guarantees, fell by 856 million during the month... requirements. 2 Unemployment at 18.6 pct in October Number of unemployed falls by 12.2 pct year
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Newsletter 296 - 14/05/2021
rate by 2 pct points. The deficit is seen dropping significantly to 3.2 pct of GDP by 2022. After... households. Ongoing legal challenges regarding previous reforms remain a risk. 2 CPI falls by 0.3 pct YoY... for the first three months of the year showed that the trade deficit fell by 9.8 percent, bringing the total
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Newsletter 325 - 28/01/2022
sector incomes, at 799 million euros; and some reduced VAT rates for a total tax reduction of 2... included in the draft budget for 2022 at the end of November by 2.62 billion euros. The total... and the total deficit at 11.52 billion euros, at 6.7 pct of GDP. Having accumulated deficits over
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