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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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Polling steadies at top but churns beneath surface as opposition support splinters
PoliticsGreek Politicsin its election result estimate. This gives the governing party a 17.1‑point lead over PASOK in raw... reaches 29.4 pct in its vote estimate — up 0.9 points from January — and stands at 21.4 pct in voting.... Marc records the socialist party at 10.7 pct in voting intention and 13 pct in its estimate, while
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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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Newsletter 373 - 10/03/2023
of the crash, the minister said that although human error was probably a factor, the appropriate... the fatal accident, Mitsotakis had suggested that the crash was mainly down to human error... aware of this,” wrote the PM. “We cannot, we do not want to, and we must not hide behind human
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Where is Odysseus? Part 4 - Unemployment and Employment
Agorathat the natural UR could settle around 7½ percent of the labor force. Employment growth has since been robust... will combine the baseline estimate of the LF with the baseline estimate for the UR. For the low
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OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
EconomyMacroeconomyupped its 2024 growth forecast to 2 pct, from 1.6 pct in the previous estimate, although this revision does not come from higher investments but more robust private consumption spending, which is now... than the previous estimate at 2.8 pct growth, from 5.6 pct. This is also significantly below
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