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Newsletter 349 - 02/09/2022
. A total of 142 opposition MPs voted for the centre-left party’s motion (one was absent). Only 120..., well above any previous estimates. Although a bumper year for tourism and the post-pandemic... would be the tax on windfall profits by electricity suppliers. The government had estimated
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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyon year (YoY) in Q3, higher than the flash estimate of 1.7 percent, according to the provisional... and deflation, confirmed flash estimate turned positive in Q3 2014 for the first time since Q1 2010... at current prices fell 0.8 percent in 9Μ, while the respective figure in real terms rose by 2.2
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Newsletter 372 - 03/03/2023
outlook for 2024, with the estimate doubling to 4.2 pct, from 2.2 pct in January. The improved growth... latest research in which Greece’s growth estimate for this year is significantly revised from the 1 pct..., is managing to hold its ground and could grow beyond initial estimates. At the end of 2022, when
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Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
EconomyMacroeconomy, from 1.8 pct in the 2023 final budget at the end of 2022. The most recent inflation estimate for HICP..., published mid-May, the Bank of Greece reiterates its growth outlook of 2.2 pct in 2023, with consumption... economy to grow by 2.4 pct in 2023, from 1.2 seen in the previous estimate in February. In its
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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyestimates released in early November, which saw a GDP contraction of 1.4 percent. For next year, the EC and OECD expect a recession of 1.3-1.4 percent above the budget’s estimate. The upgraded MoF forecasts..., nominal GDP is now expected at 175.66 billion in 2015 (up by 1.92 billion from previous estimate
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Greek 2017 budget reveals size and source of extra tax burden
Agora-cigarettes are projected to yield additional revenues of 218.4 and 142 million respectively in 2017...The 2017 budget tabled in Parliament on Monday revealed that the bulk of the estimated incremental... million (27.3 percent) and a rise in the excise tax on fuel products, which is estimated to bring
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Newsletter 329 - 25/02/2022
will have to deliver a primary surplus next year of 1.5 pct of GDP and then secure an average 2.2 pct... and the institutions’ nominal growth estimate of 4 pct growth in 2023 proves accurate, the 2023 GDP is seen... target of 2.2 pct of GDP. With Greece soon due to enter a de facto pre-election period
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Greek C/A deficit to July narrowed to just 156 mln with boost from tourism
EconomyMacroeconomyis still materially improved, up 142 percent year on year (yoy) at 720 million, mainly courtesy... a C/A balance close to zero in 2013 and 2014. Note that the latest BoG estimates released..., which is broadly in line with troika July estimates at 2.8 percent and 1.7 percent respectively.
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Greece's current account in surplus for the fourth consecutive month
EconomyMacroeconomy“recurring” figure amounted to 720 million materially improved by 142 percent yoy. The strong monthly... years. Latest BoG estimates (released in the end of May) called for a C/A deficit of 3 percent of GDP in 2013 and around 2 percent in 2014, while the IMF’s more updated estimates stand at 1.0 and 0.5
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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyprimary surplus is 2.2 pct of GDP from 2026, as high as 2.7 pct in 2028. The composition of revenues...The IMF spring meetings produced some good news for Greece via the World Economic Outlook and Fiscal Monitor. The IMF revised upwards its growth estimates for 2023, which is now seen higher at 2.6
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