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IMF upgrades Greece’s GDP and unemployment rate estimates
EconomyMacroeconomyto an estimate of a 0.6 percent GDP contraction in the previous WEO. It is worth noting that this is the most... with the European Commission (EC) estimate, while OECD expects Greek GDP to slip 0.2 percent this year... 2.7 percent previously. The government and the EC estimate the Greek economy will recover by 2.7
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Newsletter 400 - 03/11/2023
the social media platform X. Lianos, who was appointed by the current government, clarified... has estimated that after its new taxation intervention some 473,000 self-employed will end up paying
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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
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Primary balance 4 bln above target in Jul due to underspend and tax performance
EconomyMacroeconomycame to 5.22 billion euros, above target by 717 million. Overall, the PIB balance landed... persons collected in instalments until the end of February 2024 (it is noted that an estimated amount
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PM reins in rush to re-open economy as vaccines proceed slowly
PoliticsGreek Politicswill not be expanded this time around. Round four reached 2.2 billion euros. Vaccines During his comments... slowly. As of Tuesday, 92,139 people had received the jab. This represents less than 1 percent
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Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBankingperiod a year ago, NPLs have declined by 2.2 billion euros. By segment, NPL formation in the wholesale segment increased by 142 million euros, and declined by 351 million euros in the retail segment
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Apartment prices up by 4 pct in Q1 for highest increase since 2007
EconomyMacroeconomyquarters of 2018 was 1.2 percent and 2.2 percent, respectively. The latest quarter’s increase... to -142 million in the previous month. This resulted in the household loan sector's balance falling
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Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
EconomyBanking-on-quarter (QoQ) PPI increased in Q1 by 15 percent, from 142 million euros in Q4. Asset quality Following... of Cypriot NPEs worth 2.2 billion euros - the NPE was down to 12.8 percent by May this year, from 30.1
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Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
EconomyThe larger part of the crisis is already behind us and the official estimate for a GDP rebound... retreating this year by 2 to 3 percent (from a previous estimate that they would rise by 5 to 8 percent), yet... investment in human capital and innovation is necessary condition for growth, says the think tank
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Newsletter 487 - 05/12/2025
reaffirmed Greece’s strong fiscal delivery on its commitments. The outlook remains robust over... in the coming years. With the RRF in place until August 2026, next year’s growth estimate is 2.4%. However... markets and rating agencies - the macroeconomic estimates in the framework are cause for concern. When
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