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  1. Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 2.2 pct this year. CPI and HICP will converge next year to 2.6 pct, from the 4 pct region... balance will come to 2.1 pct of GDP, from 1.1 pct this year. The total deficit will halve to 2.49 billion euros, at -1.1 pct of GDP, from 4.78 billion euros, -2.1 pct of GDP, this year. Interest payments

    8%
  2. Newsletter 465 - 06/06/2025

    Newsletters

    intent by unveiling €1.1 billion in spending, including €600 million allocated to renters, pensioners... of 1.1 billion euros, with 600 million euros directed at a one-off handout to pensioners and the rebate... by 2.2 pct, from 2.5 pct in Q4 2024. The quarterly movements in Q1 were led by a rise of 1.2 pct QoQ

    8%
  3. Greek retail trade turnover index declined by 3.7 pct in December
    Photo by MacroPolis

    EconomyMacroeconomy

    ). The aggregate figures for the whole year displayed retail turnover and volume eased by 1.1 and 0.4... and footwear by 2.2 percent and pharmaceutical products and cosmetics also by 2.2 percent. Retail turnover has

    8%
  4. Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
    Photo by MacroPolis

    Economy

    to 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

    8%
  5. Greek tourism's long-term growth prospects are good, report shows

    EconomyMacroeconomy

    to 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

    8%
  6. 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

    8%
  7. Economic sentiment and consumer confidence deteriorate in Feb
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’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

    8%
  8. Newsletter 109 - 03/03/2017

    Newsletters

    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

    8%
  9. For better or worse: Greece's bailout exit deja vu
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    of 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

    8%
  10. Banks on track with NPE targets in Q2 as sales play bigger role
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    loans. 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

    8%