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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomy. The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct previously. The items revised down for 2025 compared to the previous estimate are investments that are now seen to grow by 5.7 pct this year and exports growth is seen at 2.2 pct. Investments were
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IMF outlines areas in which Greece needs further reforms, where it should apply caution
EconomyProgrammein 2019, up from 2.1 percent last year. Growth is seen slowing down to 2.2 percent next year and 1.6... billion euros (7.7 bln SDR) which is 318 percent of Greece's quota with the Fund. The average annual... estimates that at least 600,000 workers, or 15-20 percent of employees were affected by the minimum
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Newsletter 288 - 12/03/2021
drop surpassing the previous lowest reading of -2.2 percent seen in July 2015. The data showed.... The prices of new apartments increased by 4.7 percent on average in 2020, against an increase of 7.7..., gyms and other activities put on hold by the lockdown are also on the table. The government estimates
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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
PoliticsForeign Policyand the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya
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IMF still sees fiscal gap in 2018 - no action needed, for now
EconomyProgrammedecade, when the Greek growth estimate eases to 1 percent in 2022. This year’s GDP will be boosted... the deflation years behind, with the inflation estimate at 1.2 percent this year and 1.3 percent in 2018... forecast for 2017 which has been revised downward from the 2.1 percent July estimate. On the fiscal
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In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
PoliticsGreek Politicsa maritime agreement with Libya that infringes on Greece’s sovereign rights. Some commentators... with Libya is “null and void” because it ignores the exclusive economic zones of Greece’s islands, which he... to 2.2 pct, but that even if it is lowered to 2.5 pct this would create 2 billion euros of extra fiscal
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Newsletter 234 -10/01/2020
with Ankara, which escalated following Turkey’s decision to sign a maritime agreement with Libya... actions in Libya, as well as the two memoranda signed between Ankara and Tripoli. However, Turkey’s... reported that Athens would ideally like the target to be reduced to 2.2 pct, but that even
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Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
Economybefore. The EC growth estimate for 2015 is lower than the latest Finance Ministry forecast of 1.4... formation estimate, which is now seen falling by 3.1 percent in 2015 versus growth of 8.4 percent... to 2.4 percent from 2.2 percent before. The Commission notes that the drop in oil prices
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EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
EconomyMacroeconomyThe European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February... estimates assume the relief measures that have so far cushioned the blow on the economy will not be cut
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyof February 2023. It was estimated that this amount would be collected in December 2022
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