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  1. Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    level of 5.2 percent. Unemployment will drop to 18.2 percent next year, from 19.6 percent estimate... place and was initially estimated at 7.3 billion euros. Based on the programme methodology, next year’s

    4%

  2. Lenders set out key review issues as Athens tables proposals for fiscal space
    Finance Ministry

    EconomyProgramme

    calculations. Finance Ministry officials estimate that 1.2 billion from the bond profits and 200 million... granted to farmers and people from areas affected by natural disasters, of which an estimated 3 billion

    4%

  3. Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
    Photo by MacroPolis

    PoliticsGreek Politics

    estimate put the number of entertainment professionals facing unemployment over the next six months... to operate this summer and engage some of the estimated 700,000 workers employed in the sector. Among

    4%

  4. Many obstacles to clear in Greece's digital leap
    Photo via https://flic.kr/p/4YVJXw

    EconomyFeatures

    and leveraged. A recent estimate put the combined funds earmarked for such projects in the public... Governance). The “Digital Reboot” report estimated that between 6 billion and 15 billion euros

    4%

  5. Post-Covid era dawns on new landscape for bad debt in Greece
    Photo by MacroPolis

    EconomyFeatures

    estimate that as many as 30 pct of residential properties currently scheduled for auction could qualify... residential loans. The January 2021 Financial Stability Review from the Bank of Greece estimated

    4%

  6. S&P moves Greece closer to investment grade, puts focus on budget and growth
    Photo by MacroPolis

    Economy

    . This is underpinned by an estimate of average growth up to 2025 of 3 pct. The stable outlook reflects... on a 2.2 pct of GDP primary surplus in 2024. The debt-to-GDP ratio is estimated on a sliding path

    4%

  7. Reflections on Greece's balance of payments
    Photo via https://flic.kr/p/5Yb76K

    Agora

    of the world. Alternatively, we can infer an “unrestricted” estimate of the Greek NII position by adding up...-adjusted terms, was reduced by an estimated 16 percent of GDP (equal to the elimination

    4%

  8. Trump's tariffs create gloomy economic environment for vulnerable Greece
    Image: MacroPolis

    EconomyMacroeconomy

    agricultural and food products were close to 31 pct. In an estimate last month, Bank of Greece had assumed 10..., with the US being the second largest market with a 5.4 billion euros share. It is estimated

    4%

  9. S&P moves Greece further into investment grade with 'BBB' rating, stable outlook

    Economy

    in 2024. This not only surpassed the Bank of Greece's potential growth estimate of 1.9 pct, but also... trajectory. The government is estimated to have achieved a primary surplus of around 3.5 pct of GDP

    4%

  10. Water shortages a growing concern as government warns bills could increase
    Photo via www.eydap.gr

    PoliticsGreek Politics

    in the west of Greece, a complex project which is estimated to require at least two years of construction. The ministry, however, acknowledges this is a wildly optimistic estimate given the lead time required

    4%