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  1. BoG notes economic progress, urges safeguarding of fiscal credibility
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    to grow by 1.9 percent this year, matching the growth of 2018, which is below the estimates... at its disposal. The BoG notes that its estimates are based on the latest available real data

    3%

  2. Staikouras strikes note of caution on fiscal space and tax cuts

    EconomyProgramme

    surplus target will be met. Despite the latest estimates by the European Commission and Bank of Greece... clarity and accelerate growth. Bonds and banks The new finance minister estimates that his

    3%

  3. GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP increased by 0.8 percent quarter-on-quarter (QoQ) in the second quarter (Q2) of 2019 after a rise of 0.2 percent in Q1, provisional estimates from the Hellenic... in 2023. Compared to last year’s estimates, 2019 was forecast to grow by 2.9 percent, 2020 by 2.5

    3%

  4. ND to unveil more economic support as coronavirus restrictions are extended
    Photo by MacroPolis

    PoliticsGreek Politics

    Office (GAO) estimates that around 15 billion euros will be lost from Greek GDP this year. This means that in current prices GDP will drop to 172.5 billion, from 187.5 in 2019. The GAO also estimates

    3%

  5. A sudden turnaround that could lead to sharp shock
    Photo by MacroPolis

    Agora

    in Europe. The domestic media went as far as suggesting that growth could surpass the government estimates..., puts 4 billion euros of GDP at risk. In terms of GDP estimates, some of this collapse of economic

    3%

  6. PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
    Photo by MacroPolis

    EconomyMacroeconomy

    by the estimates it released in mid-April, with three different scenarios of recovery speeds: a quick recovery... for 2020 estimates range from -4.4 pct, to -8.5 pct and -9.4 pct respectively. Unemployment is seen

    3%

  7. Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions

    EconomyProgramme

    of October. On the macro front, the Commission maintains its latest estimates for 9 pct recession this year... of pensions. The report estimates that the support measures to date are broken down by 3.1 billion

    3%

  8. EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021

    EconomyMacroeconomy

    in the estimates, Greek GDP is seen falling by 10 pct in 2020. This would be the second-biggest... that Greece will reach pre-Covid levels. The downward revision of the growth estimates for 2021 reflect

    3%

  9. Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer

    EconomyMacroeconomy

    the scale of deviation from the initial assumptions. Also, the estimates of 4.8 pct growth this year... own estimates closer to 2 pct and a stronger rebound in 2022. Given these challenges, it is little

    3%

  10. Creditors give thumbs up for 10th post-MoU review, underline pandemic legacy
    Photo by EC - Audiovisual Service

    EconomyProgramme

    that were published in the spring estimates, which see growth of more than 4 pct this year and 6 pct... estimates of the spring forecasts, with the protracted pandemic increasing sustainability risks

    3%