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  1. Banks meet NPE reduction targets in Q3, adjust targets for next two years
    Bank of Greece

    EconomyMacroeconomy

    ) reaching 64.6 billion in 2019. This is around 2.2 billion euros more ambitious than the previous... conservative estimate of a 1.2 billion increase between Q2 2017 and the end of 2019. Curing is seen as falling by 2.5 billion due to higher sales and loan write-offs. These estimates are driven by BoG

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  2. Newsletter 435 - 04/10/2024

    Newsletters

    once again to revise down its growth estimate for this year to 2.2 pct, when in the final 2024 budget... growing by 6.7 pct this year. Real GDP growth estimates also moderate further from 2027, when... years is due to receive some sizable military orders estimated at 4 billion euros for warships

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  3. Mitsotakis makes new bid to break deadlock with farmers as govt ponders relief measures
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    as the government grapples with farmer protests and broader cost‑of‑living pressures. In the vote estimate... parties register modest support: MeRA25 (2.7 pct), Movement for Democracy (2.2), Voice of Reason (2.1..., the Finance Ministry is taking a conservative stance and estimates that there is fiscal space of 800 million

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  4. Greece reignites energy alliance talks with Israel and Cyprus amid US interest
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    PoliticsForeign Policy

    of President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation

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  5. Greek housing market at new juncture as Covid-19 shakes foundations
    Photo by MacroPolis

    EconomyFeatures

    falling by 2.2 percent in 2017 and 3.2 percent in 2018, remaining stable in the first 7 months... availability of long-term rentals. According to one estimate published by rental platform.... It is estimated that the golden visa programme attracted upwards of 2 billion euros of foreign investment

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  6. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    previous estimate that economic activity will start picking up from the second half of this year.... However, EC updated its estimates on the GDP components and is now expecting private consumption to drop... estimates involve persistence of the strong revenue collection as well as revenue administration

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  7. Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
    Photo by MacroPolis

    Economy

    at 2.5 million for the whole year from 2.2 million in 2013. The better than expected figures in all... of the domestic economy by 0.6 percent this year. ELSTAT is due to release its flash estimate for Q3 GDP.... Following October’s impressive figures, SETE upward revised its estimates for 2014 international tourist

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  8. Gathering signs of coronavirus impact on growth expectations
    Photo by Alex Proimos via Flickr https://flic.kr/p/bt29wL

    Economy

    by 2.2 percent this year against a baseline of 2.5 percent, which as mentioned is already lower than... to 1.9 percent in 2020, almost a full percentage point lower than the government’s estimate. This could... on these negative estimates, we seem to be moving away, probably significantly, from the target of GDP growth

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  9. Newsletter 334 - 08/04/2022

    Newsletters

    , growth is suppressed to 2.2 pct and inflation shoots up to 11 pct, on the back of the price of oil... the Greek economy growing by 3.8 pct, down by one percentage point from the previous estimate and HICP... and geopolitical developments are gradually being reflected in the latest estimates of domestic institutions

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  10. House of cards (The rise and fall of Akis Tsochatzopoulos)
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    a way to measure people’s units of thought, they would discover that the British think in pints

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