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  1. IMF downgrades Greek GDP and unemployment forecasts
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    year on year compared to IMF’s estimate for a growth of 0.7 percent. The European Commission (EC... of Greece (BoG) has a slightly lower estimate of 2.5 percent, while the OECD foresees a much slower growth.... For 2018, the IMF expects GDP growth to accelerate to 2.7 percent, while its medium-term estimate

    6%

  2. Newsletter 65 - 04/03/2016

    Newsletters

    of a primary surplus of 3.5 percent of GDP. In contrast, the EC and the government estimate a lower... percent contraction it foresaw in its flash estimate on February 12. The reported figures point... lower than the initial estimate incorporated in the third bailout programme of a recession of 2.3

    5%

  3. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Athens now sees 2017 growth settling at 1.6 percent, well below the initial estimate. The Finance...). In fact, private consumption only grew by half the original estimate, 0.9 percent. Investment also reached just over half the estimate, increasing by 5.1 percent. The growth of exports did

    5%

  4. Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    for 2016. The MoF, Bank of Greece (BoG) and the EC estimate a mild GDP contraction of 0.3 percent, while OECD’s estimate stands a bit lower at 0.2 percent. In contrast, IMF sees a marginal GDP expansion of 0.1 percent. For the full year MoF and EC estimate of a GDP contraction of 0.3 percent to be met

    5%

  5. BoG sees central gov't primary surplus to May at 1.06 bln on cash basis

    EconomyMacroeconomy

    billion euros, 232 million higher than the BoG’s number. Interest payments on a cash basis fell 7 percent

    5%

  6. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    contributor is hospitals’ arrears, which rose by 46 million euros MoM and 232 million YtD, to 919 million

    5%

  7. General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
    Photo by MacroPolis

    EconomyMacroeconomy

    million following a similar payment to the IMF and a reduction in bonds by 232 million more than

    5%

  8. Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    tax revenues increased by 2.7 percent to 9.57 billion euros in Q1, but fell 232 million short

    5%

  9. Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
    Photo by MacroPolis

    EconomyBanking

    2008 of 245 million, of which 232 million stems from the Greek market. The recorded improvement

    5%

  10. Building activity increases by 16.4 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    changes in the growth rate. In absolute terms, the highest number of permits was issued in Attica (232

    5%