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  1. BoG warns pandemic will leave trail of bad loans, hastening need for new tools
    Photo by MacroPolis

    EconomyBanking

    with the Finance Ministry’s estimate of 4.8 pct growth for 2021. BoG notes that, based on experience... on the banks’ own prudential funds. BoG estimates that as a result of the crisis new NPEs will range between 8

    4%

  2. FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
    Photo by MacroPolis

    EconomyMacroeconomy

    , or 0.9 pct of GDP, higher from the MTFS estimate by roughly 1.1 billion euros. The ministry has also..., at 1.1 pct of GDP. Both figures are above the MTFS estimates by roughly one billion euros, where

    4%

  3. Government accused of complacency on food supply and price hikes

    PoliticsGreek Politics

    . One estimate put the annual increase in the price of fertilisers at over 165 pct. Against... of shortages resulting from the war in Ukraine. The supermarket sector estimates that the price

    4%

  4. Opposition challenges government account of prompt wildfire response
    Image: MacroPolis

    PoliticsGreek Politics

    the New Democracy administration of arrogance and misplaced priorities. A preliminary estimate puts... of protecting human lives was accomplished through prompt evacuations. According to official estimates

    4%

  5. Newsletter 354 - 07/10/2022

    Newsletters

    to be a reserved estimate as receipts are expected to match the 2019 season of roughly 18 billion euros from... euros that the Finance Ministry had included in its 2022 budget estimates. The budget of 2022 assumed

    4%

  6. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    In the European Commission’s autumn economic forecasts just released, Brussels confirmed a solid year of growth for Greece in 2022 and a significant downward revision of next year’s estimate. Greece... appears to be more entrenched compared to previous estimates, when in the summer the Commission

    4%

  7. BoG revises 2023 growth to 1.5 pct as short- and medium-term challenges persist
    Image: MacroPolis

    EconomyMacroeconomy

    . This compares to a 1.8 pct growth estimate by the Finance Ministry in the final 2023 budget and 1 pct by the European Commission in its winter forecasts. The BoG is more modest in its estimates of investment

    4%

  8. ND and SYRIZA clash over costing of opposition economic programme

    PoliticsGreek Politics

    a four-year term, compared to the left-wing opposition’s own estimate of 5.5 billion annually... the government of lying over the source of the cost estimates it has been using to challenge the opposition’s

    4%

  9. EC's autumn forecasts see stable growth, with RRF playing pivotal role
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    in February of this year. For 2024, the estimate is for growth of 2.4 pct, from 1.9 pct in May, while growth...The European Commission published on Wednesday the latest forecasts for autumn, which are unchanged for this year and improved for next year, compared to the previous estimates in spring. The Greek

    4%

  10. GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY

    EconomyMacroeconomy

    . In a recent interview with Politico the BoG governor said that next year’s estimate was revised down... According to the latest Finance Ministry estimates included in the final budget for 2024, growth

    4%