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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyfurther to 2.9 pct in 2024, falling below 2 pct by 2028, when it is expected at 1.8 pct. The current... year, and at 6 pct in 2024, before moderating to 3 pct by 2028. Unemployment will fall by 1 percentage... than triples to 1.4 pct next year and reach 2 pct of GDP in 2027 and 2028. The cyclically adjusted
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Rise of smaller parties a barrier to decisive result in first elections
PoliticsGreek Politicsin next month’s vote, as well as a second ballot that could follow on July 2. The Pulse poll published... vote, to 11 pct. There has also been an increase of 2 points, to 38 pct, in the percentage of Greeks..., up by 1 point since earlier in the month. Ellines is unchanged, on 3 pct. On Thursday, former
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Newsletter 397 - 13/10/2023
. In the publication of its latest World Economic Outlook, the Fund sees the Greek economy growing by 2 pct... in the eurozone, with Germany even contracting by 0.5 pct this year, France growing by just 1 pct and Italy... food is adding close to 2 points to the CPI. There is also some concern about the monthly movement
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SYRIZA and PASOK join forces to pressure govt as polls show gap between them narrowing
PoliticsGreek Politicsto 17 points in September. ND has gained almost 2 points to reach 34.1 percent, while SYRIZA has lost almost 2, falling to 13.5 percent. More worrying for the second party, social democrats PASOK are now less than 1 point behind them at 12.7 percent, up from 11.8 percent in September. Communist party
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Moody's leaves Greece's rating unchanged, one notch from investment grade
Economyoutlook stabilising at just under 1 pct of GDP and a primary surplus in the region of 2 pct of GDP... is seen at 2 pct. The current account has also improved, with the deficit dropping to 6.4 pct
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Opposition parties vow not to let up on Tempe despite inquiry verdict
PoliticsGreek Politics(from 2) and Greek Solution with 2 seats (from 1), while religious conservatives Niki, SYRIZA
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Latest IMF forecasts see solid fiscal performance, poor growth beyond RRF
EconomyMacroeconomy, marginally slowing down to 2 pct in 2025. The most alarming piece of data is the IMF estimate for 2029... by 2029 at 2 pct. The current account deficit remains sizable, at 6.5 pct this year and 5.3 pct in 2025... balance will be in a deficit marginally below 1 pct in 2025 and will stay moderate at 1.5 pct of GDP
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ND and SYRIZA contend with internal strife as PASOK advances
PoliticsGreek Politicsto 6.4 pct, placing it in fifth place, more than 1 point behind the Communist Party (KKE), and 2 points behind Greek Solution. PASOK, however, saw its support rise by almost 2 points to 14.1 pct
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Newsletter 439 - 01/11/2024
backing has plummeted further, from 7.5 pct to 6.4 pct, placing it in fifth place, more than 1 point behind the Communist Party (KKE), and 2 points behind Greek Solution. PASOK, however, saw its support rise by almost 2 points to 14.1 pct during this period. This places the Socialists firmly
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Economic sentiment unchanged in Dec, consumer confidence improves by 3 pts
EconomyMacroeconomyin December to -44.5 points, from -47.3 points in the previous month. Consumer confidence is roughly 2... confidence has risen by circa 2 points. The services index improved to 30.1 points, from 22.8 points... trade moderated to 9.4 points, from 11.2 in November, now down almost 1 point from January 2024
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