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  1. Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
    Photo by MacroPolis

    EconomyMacroeconomy

    and 1 million above SETE initial estimate of 25 million. In addition, direct tourism revenues are now... Andreadis reiterated his latest estimates calling for 26 million international tourist arrivals in 2015

    3%

  2. Where we stand in the Greek bank recapitalisation process
    Photo by MacroPolis

    Economy

    this year. However, it is not clear whether this updated estimate will be taken into consideration... assumptions of the baseline scenario, which are in line with the official estimates of the institutions

    3%

  3. Unemployment rate stable at 23 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    OECD estimate stands at the high end, at 23.1 percent.... in the Aegean Islands. The latest estimates of the Finance Ministry (MoF), the European Commission (EC

    3%

  4. Unemployment rate slips to 23.2 pct in Feb, lowest for last five years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    optimistic estimate so far. In contrast, the European Commission foresees a higher figure of 22.8 percent, which is closer to the Finance Ministry and OECD estimates of 22.6 and 23.1 percent respectively.

    3%

  5. OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2.5 percent in projected for 2018, above its previous estimate of 1.9 percent. Private... to return but uncertainties remain. The OECD estimates that GDP will rebound by 1.1 percent in 2017

    3%

  6. Newsletter 122 - 09/06/2017

    Newsletters

    of 2.5 percent in projected for 2018, above its previous estimate of 1.9 percent. Lowering its... to return, large uncertainties remain. OECD estimates that GDP will rebound 1.1 percent in 2017

    3%

  7. Draft budget highlights taxpayer fatigue, creates policy mix doubts
    Photo by Gerarsimos Domenikos/Fosphotos

    EconomyMacroeconomy

    billion in 2017 from an MTFS estimate of 21.52 billion euros. The ministry notes that on a cash... measures with little effect. Direct taxes estimates for 2018 have also been downward revised from

    3%

  8. Newsletter 164 -08/06/2018

    Newsletters

    YoY, while imports of services rose by 7.3 percent QoQ and 13 percent YoY. The MoF’s growth estimate...) provisional estimates revealed this week. The headline figure for Q1 marks five consecutive quarters

    3%

  9. S&P: Greek covered and securitised bonds rated investment grade for first time since 2011
    Photo by MacroPolis

    EconomyBanking

    sees Greece growing by 2 percent in 2018, lower than its last official estimate of 2.3 percent... in 2019 and remain above 2 percent before dropping to 1.8 percent in 2022. All estimates are marginally

    3%

  10. Newsletter 227 -08/11/2019

    Newsletters

    expected in the spring forecasts published in May, compared to a 2 percent estimate in last year’s autumn...’ Protection Ministry estimates that around 4,000 people can be housed in empty hotels. Petsas blamed

    3%