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  1. Industrial turnover completes eighth month of contraction in Nov, falls 2.7 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    -on-year (YoY) from a 2 percent decrease in October, according to data released by the Hellenic..., basic metals. Revenue in the domestic market decreased by 2 percent, while the non-domestic market was down by 2.5 percent. On a monthly basis, industrial turnover in the total market decreased by 2

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  2. Is Greece on track to decouple from fossil gas?
    Photo via https://flic.kr/p/9bNvX6

    Agora

    and Italy (Figure 2). Figure 2: Changes in total gas consumption in the 27 EU-27 Member States over... with increased storage capacity[2] as an alternative to new gas plants. In any case, the 7.7 GW of total gas... from Bulgaria, North Macedonia and Albania, while Greece mainly exports to Italy. [2]Electricity

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  3. Underwhelming GDP highlights investment falling short of mark
    Photo by MacroPolis

    EconomyMacroeconomy

    , as the momentum from the pandemic recovery started to ease, GDP recorded growth rates of 2 pct, 2.7... for. That said, growth of 2 pct that outpaces the EU and the eurozone almost four times can hardly... between 2 and no more than 2.5 pct. Once again, fixed capital formation is expected to grow by more

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  4. Newsletter 416 - 15/03/2024

    Newsletters

    authorities. Even the lower growth rate of 2 pct last year puts Greece well ahead of the eurozone and EU... certainly live with a growth rate in the region of 2 pct for 2023. The area that the Greek authorities... expect growth rates of between 2 pct and 2.5% pct This will only complicate matters as the fiscal

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  5. Where is Greek growth coming from?
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    , as we remember. 2) Then came a period of gradual recovery, from mid-2013 to end- 2019. Growth rates... concluded that real growth could be over 2 percent, even up to 2.5 percent. I have some concerns about...; dotted line is Euro20).[2] In Greece, consumption hovers around 90 percent of GDP, whereas in the Euro20

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  6. Newsletter 443 - 29/11/2024

    Newsletters

    at just 4.3 pct, down by more than 2 points since the last poll. Having established themselves... is on the cusp with 3 pct. The poll also projects 2 pct for the Spartiates, the Golden Dawn... one percentage point, with a 2023 negative saving rate of close to 2 pct. This leads Greece

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  7. Moody's upgrading Greece to investment grade puts an end to painful 15-year cycle
    Photo by MacroPolis

    Economy

    digitalisation strategy. In 2024 alone, anti-evasion measures yielded an extra 2 billion euros in tax revenue... to maintain primary budget surpluses of 2–2.5 pct of GDP through the medium term. Greece has also consistently met NATO's 2 pct of GDP defence spending target, avoiding the need for major new defence

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  8. Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    by 0.7 percent. Exports of goods were down by 0.8 percent QoQ and services exports decreased by 2 percent. Imports of goods dropped by 0.03 percent and services were up by 2 percent. Compared to Q1 2024... in 2025. In its latest WEO released in April, the IMF sees growth of 2 pct in 2025. In its latest

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  9. Q2 GDP moderates further to 1.7 pct YoY as households spending slows
    Photo by MacroPolis

    EconomyMacroeconomy

    taken H1 growth to just under 2 percent, which suggests stronger growth will be needed in H2... by 0.8 percent and services were down by 2 percent. Compared to Q2 2024, final consumption... in April, the IMF sees growth of 2 pct in 2025. In its latest economic outlook this month, the OECD

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  10. Newsletter 488 - 12/12/2025

    Newsletters

    grew by 0.6 pct quarter-on-quarter and 2 pct compared to the same period last year. Growth over the first nine months averages 2 pct, and strong private spending during the festive season will be needed... to 2 pct in 2026, or slightly below, with Capital Economics the latest to predict 1.8 pct for next

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