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  1. Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    for 2016. The MoF, Bank of Greece (BoG) and the EC estimate a mild GDP contraction of 0.3 percent, while OECD’s estimate stands a bit lower at 0.2 percent. In contrast, IMF sees a marginal GDP expansion of 0.1 percent. For the full year MoF and EC estimate of a GDP contraction of 0.3 percent to be met

    7%

  2. IMF expects modest recovery, lingering debt but primary surplus to return swiftly
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    to 3.6 pct in the last quarter of next year. This year’s estimate is marginally lower than the one... estimate for a 8.2 pct GDP contraction last year. Greece is seen coming off deflation this year..., after -7.4 pct last year and a recovery from next year up to 2026 at -3.5 pct. This year’s estimate

    7%

  3. Newsletter 364 - 23/12/2022

    Newsletters

    . This is broadly in line with the European Commission’s estimate published about a month go, which... regarding next year. In its review in October, S&P presented an estimate of 1.7 pct growth in 2023. Also... in Parliament last weekend, the growth estimate for 2022 was 5.6 pct and 1.8 pct for 2023. The most recent

    7%

  4. Newsletter 136 - 20/10/2017

    Newsletters

    , missing the target by 101 million euros. The Hellenic Statistical Authority’s (ELSTAT) second estimate... in real terms last year rather than the 0 percent estimate released in March. In nominal terms, the economy dropped by 1.2 percent against an initial estimate of 0.1 percent growth. ELSTAT also

    7%

  5. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    released a first estimate of the overall GDP figure for 2018, showing that it grew by 1.9 percent...’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... by 7.5 percent, meaning that the initial figures for 2018 have beaten this estimate. Imports of goods

    7%

  6. Newsletter 292 - 09/04/2021

    Newsletters

    of next year. This year’s estimate is marginally lower than the one forecast in the previous WEO... anticipated GDP to shrink by 9.5 pct in 2020, before ELSTAT’s first estimate for a 8.2 pct GDP... and a recovery from next year up to 2026 at -3.5 pct. This year’s estimate is a deterioration from October’s

    7%

  7. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    the quarter. ELSTAT also released a first estimate of the overall GDP figure for 2017, showing that it grew... the Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. This was driven largely by a 15.7... in November 2017. For 2018, the MoF revised upwards the growth estimate to 2.5 percent from 2.4 percent

    7%

  8. Macroeconomic fundamentals for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    ). This is the estimate we use for Greece’s Natural Rate of Unemployment, reflecting reforms that were made during..., which will be growing. We estimate for now an underlying structural interest bill of 4 percent... as the proportion of market-placed debt grows. Finally, we can estimate that Greece needs a structural primary

    7%

  9. IMF revises growth forecasts downwards, emphasising gap with other lenders
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    slightly to 1.8 percent next year. The estimate for this year is a substantial revision from the WEO estimate in October, when the Fund expected Greece to grow by 2.6 percent in 2018. Also, the estimate for 2017 was for 1.8 percent growth, now revised down to 1.4 percent, in line with ELSTAT’s

    7%

  10. IMF still sees fiscal gap in 2018 - no action needed, for now
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    decade, when the Greek growth estimate eases to 1 percent in 2022. This year’s GDP will be boosted... the deflation years behind, with the inflation estimate at 1.2 percent this year and 1.3 percent in 2018... forecast for 2017 which has been revised downward from the 2.1 percent July estimate. On the fiscal

    6%