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Newsletter 297 - 21/05/2021
and transformation of the country’s economic model. It also acknowledges the need for a radical overhaul of the country’s productive model. However, the emphasis, as presented by Tsipras, is on more... intakes to 40-45 pct, which is closer to the estimates the hospitality industry has been publishing
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Newsletter 393 - 15/09/2023
of the centralisation of power in the “executive state” model of governance favoured by the Mitsotakis administration, while the model of direct awarding of contracts has been criticised in the case... appears to be adjusting its damage estimates and the policy response. As the water recedes
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BoG report highlights economic challenges, proposes way forward
Economyout a set of policies that will transition Greece towards a “sustainable, extroverted growth model led... into an export-oriented model with high and sustainable growth rates. Greece’s central bank concludes... that the European Commission estimated in its latest post-programme report in the volume of 1 percent
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Newsletter 404 - 01/12/2023
in 2024. The OECD, though, places this number closer to a third of the Finance Ministry’s estimate... that the central bank sees next year’s growth at 2.5 pct, from 3 pct in the previous official estimate in June... and then it will be cautious about relaxing policy so rates could stay at 3 pct for the entire 2025, keeping the cost
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Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomyprevious estimate for a GDP contraction of 0.7 percent expected in early February. In specific, EC... 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday. The headline... is the highest negative reading since Q4 2014. ELSTAT said flash estimates are expected to be revised upon
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Newsletter 17 - 27/02/2015
. The flash estimate on February 13 had put the contraction slightly lower, at 0.2 percent. The year... bodies (repos) or delaying payments to suppliers. However, the state already owes 3.75 billion euros... Yanis Varoufakis admitted this week that the government might have difficulty repaying 1.6 billion
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Deadly collision throws spotlight on government’s migration policy
PoliticsGreek Politicsthe crossing from Libya, and for which the Greek Ombudsman recommended disciplinary charges against... insufficient compared to the needs of industry which estimates a requirement of closer to 200,000... those living and working legally in Greece, including an estimated 155,000 migrants on long-term
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Athens hoping EU diplomatic drive will defuse latest Aegean crisis
PoliticsForeign Policyby the agreement Ankara made with Libya last year, and which Athens has described as null and void... of State Mike Pompeo in Vienna on Friday to discuss issues relating to Turkey. A little earlier, Israel
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Athens eyes GSI workaround to avoid dispute with Turkey
PoliticsGreek PoliticsGerapetritis have used similar language, tracing Turkey's claims back to the 2019 Turkey-Libya memorandum... to complete the project, before operations resume. The approach echoes a 2024 precedent relating
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyof the flash estimate. All key GDP components fell QoQ. The most significant drops were seen... 2015, the Hellenic Statistical Authority (ELSTAT) provisional estimates showed on Monday. The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released
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