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Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
Economyto 2.4 percent from 2.2 percent before. The Commission notes that the drop in oil prices... balance is now expected to post a deficit of 2.1 percent in 2015 and 2.2 percent in 2016 versus a surplus of 1.1 and 1.6 percent respectively forecasted before three months. Lower GDP growth and worsening
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Greek tourism's long-term growth prospects are good, report shows
EconomyMacroeconomyto grow by 2.2 percent in 2016, with estimated international tourist arrivals at around 25 million. WTTC... visitor spending compared to 38.4 percent for domestic spending. The former is estimated to grow 2.2... to 817,000 in 2016 and then record an annual growth of 3 percent in the next ten years to around 1.1
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CPI falls at slightly higher pace of 1 pct in September
EconomyMacroeconomy). In contrast, the biggest rises in September prices were recorded in clothing and footwear (+2.2 percent), alcoholic beverages and tobacco (+1.5 percent) and hotels, cafes and restaurants (+1.1 percent... (+5 percent) and solid fuels (+2.2 percent). Compared to the previous month, CPI in September
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Economic sentiment and consumer confidence deteriorate in Feb
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 2.2 points in February after remaining stable... in February, returning to the same level as in November after a short-lived revival of 2.2 points...), while modest drops have been posted by consumer confidence (-1.4 points) and retail trade (-1.1
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Newsletter 109 - 03/03/2017
and in the corporate tax rate. Economic sentiment in Greece fell by 2.2 points in February, after... rebounded by 5.1 points in February. The Manufacturing PMI rose by 1.1 points to 47.7 in February, after... The retail sales index dropped by 1.3 percent in December after an upward revised 2.2 percent growth
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For better or worse: Greece's bailout exit deja vu
Agoraof 3.5 percent until 2023 is detrimental to growth and that the goal of 2.2 percent on average up... long-term goal of 2.2 percent is unprecedented, the long-term target in the IMF’s DSA at the end... a fiscal gap of 1.1 percent of GDP, or 2 billion euros. This meant that if Samaras wanted to close
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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomyloans. Corporate NPEs came to 50.7 billion, bettering the target by 2.2 billion. Residential NPEs..., 15.7 percent in the business portfolio and 1.1 percent in mortgages. At the end of the quarter, NPE... percent from Q2 2017 until the end of 2019, which is more ambitious than the initial target by 2.2
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Newsletter 202 -12/04/2019
to real growth of 2.2 percent in 2020. Growth is then seen slowing down, setting at 1.2 percent in 2022... accelerating in the coming years, rising by 1.1 percent this year and 1.4 percent in 2020, reaching 1.8... (MoM), the index also showed a rise of 2.9 percent after a drop of 2.2 percent in January
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EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
EconomyMacroeconomyis lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2... rise in investment spending. In spring, the EC expected the Greek economy to grow by 2.2 percent... and 1.1 percent in 2021. Public debt will decelerate to 169.3 percent of GDP in 2020 and further lower
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CPI falls by 1.3 pct YoY in February; increases 0.2 pct MoM
EconomyMacroeconomyof -2.2 percent seen in July 2015. The data showed that the core index fell by 1 percent in February, less... while the services index fell by 1.1 percent YoY. The harmonised index of consumer prices (HICP) fell... in transport. This was followed by household equipment (-2.2 percent) and housing (-1.9 percent
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