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Podcast - Budgeting for the future: How robust is the Greek economy?
AgoraGreek Parliament is about to vote on the 2025 budget, so The Agora is looking at what the government's economic plan entails, while also examining the bigger picture as far as the country's economy is concerned. MacroPolis co-founder Yiannis Mouzakis jo...
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomyincreased by 0.9 percent QoQ and dropped by 2.2 percent YoY, taking final consumption expenditure down... budget for 2018 tabled to Parliament on November 22 estimate GDP growth of 1.6 percent in 2017, revised... since the summer. They pointed to a growth rate of 2.2 percent. Last week, the OECD issued its economic
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OECD sees Greek recession continuing in 2014, slower recovery to follow
EconomyMacroeconomylower than its November forecasts. Although the 2014 estimate is in line with the EC projection... sustainability is a bigger challenge, according to OECD, requiring robust growth in the coming years... percent in 2015. The updated forecasts are marginally better compared to the previous estimates
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Newsletter 115 - 21/04/2017
expects Greece’s domestic economy to grow at a slower pace of 2.2 percent in 2017 compared to its... to 2.7 percent, while its medium-term estimate stands at 1 percent for 2022, lower than its previous... surplus estimate projection for 2016 to 3.3 percent of GDP, from 0.1 percent in the previous WEO and 0.9
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Greek pensions laid bare
Agorapensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since
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GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
EconomyMacroeconomypercent decline in expenditure by the general government. Gross capital formation declined by 2.2... by 1 percent this year. Investments Gross capital formation declined by 2.2 percent QoQ following... published in July stands by its revised estimate for 2018 growth from 2.6 percent previously to 2 percent
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Debt relief, MTFS and return to bond markets on agenda after technical agreement
EconomyProgrammeon Thursday that the MTFS will foresee a primary surplus of 2.2 – 2.3 percent of GDP for 2017, above the programme target of 1.75 percent and higher than the 2017 budget estimate of 2 percent. Moreover... of 2.7 percent. The International Monetary Fund anticipates the domestic economy would expand by 2.2
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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomysees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent. Next year’s estimate is unchanged. Despite the downward revision of this year’s growth estimate, which probably stems from the modest growth in the first
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Where is Greek growth coming from?
Agoraagain, and my estimate suggests that it is now around 0.7 percent a year. Putting these supply..., but not in machinery and equipment. This mix of investment is also important for robust sustainable growth. Relative...The current setting: In early 2024, ELSTAT published the first estimates of GDP through the fourth
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S&P moves Greece further into investment grade with 'BBB' rating, stable outlook
Economyfor Greece due to limited direct trade links. S&P notes that driven by robust investment thanks... 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
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