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  1. IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    upped its primary surplus estimate for 2016 to 3.3 percent of GDP, from 0.1 percent in its previous... Fiscal Monitor, which provided its updated fiscal estimates. Unlike the downward revision of its..., the Fund estimates a lower primary surplus of 1.5 percent of GDP from 2019 onwards. This means that IMF

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  2. Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates

    EconomyMacroeconomy

    previous 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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  3. Deadly collision throws spotlight on government’s migration policy

    PoliticsGreek Politics

    the 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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  4. Revised GDP data shows recession for 2016, higher growth in 2014
    By Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    According to the Hellenic Statistical Authority’s (ELSTAT) second estimate for the 2016 Annual... an initial estimate of 0.1 percent growth. ELSTAT also revised the national accounts for the years... compared to an initial growth estimate of 0.6 percent. Expenditure of households dropped by 0.1 percent

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  5. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    of 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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  6. EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    adjustments for the Greek growth outlook from the previous estimate in May. The Commission for 2024 sees... in 2025, falling below the 2 percent threshold in 2026. In the estimates in May, inflation for 2024..., dropping to 9.8 percent next year and 9.2 percent in 2026. This is broadly in line with the estimates

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  7. PM briefs EU leaders on migration stance as Turkey tries to pin blame on Greece
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    PoliticsForeign Policy

    that Turkey has usually interpreted it. Libya There is a possibility of a ceasefire in Libya within the next.... But, according to government spokesman Steffen Seibert, Merkel told Haftar that the situation in Libya... that will take place in Libya's international waters aiming to preserve the UN arms embargo. The new

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  8. Amid lack of communication, overflights add to Greek-Turkish tension
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    on the sidelines of NATO Summit, in London in early December. Libya concerns Athens is also closely monitoring Turkey’s efforts to enhance and stabilise its presence in Libya, supporting the UN-recognised government in Tripoli. According to press reports, Turkey maintains five frigates closely to Libya

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  9. Athens assessing lay of land as Cyprus talks approach and UK seeks new role
    Photo via Flickr https://flic.kr/p/7bBypS

    PoliticsForeign Policy

    -Cypriot sides have many issues to consider ahead of new Cyprus talks. Libya developments Greece... and the Prime Minister of Libya by the Libyan Political Dialogue Forum in Geneva. A statement released... and the Government of National Accord of Libya, in Tripoli. As a diplomat, Menfi served the regime

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  10. Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
    Photo via https://flic.kr/p/bwZLC3

    PoliticsForeign Policy

    for Energy so it can be eligible for EU support funds. Egypt has completed interconnections with Libya... of Northern Cyprus. On the other hand, Cairo and Athens share a common line on the issue of Libya..., and the International Law of the Sea,” he said. The two ministers also discussed the issue of Libya

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