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IMF revises growth forecasts downwards, emphasising gap with other lenders
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
EconomyMacroeconomyto fall to 18 percent, substantially more positive than the 19.5 percent rate in the SBA document... account balance will be marginally negative at -0.8 percent in 2018 and -0.6 percent next year... Greece to grow by 2.3 in 2018 and 2 percent next year. Ratings agencies are also more optimistic than
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Newsletter 161 -11/05/2018
than for banks in the rest of Europe to address the concerns the International Monetary Fund (IMF... by 776 mln in March Total overdue stock comes to 101.44 bln The outstanding balance of private... billion. This represents a rise of 321 million month-on-month, which is notably lower than February’s
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What the ECB did next - a tale from another crisis
Agoraunpleasant choices as it tries to balance market risks with charting a path out of never-ending... as the interest charged by the ECB is much lower than any available commercial rate. The ECB blocked... than use their banks and ECB credits to finance their deficits. The ECB took the position
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MTFS outlines ambitious economic and fiscal road for next four years
EconomyProgrammebalance. According to the finance ministry, Greece will grow by 2 percent in 2018, lower than its... percent in 2022. All estimates are marginally lower than last year’s MTFS when the economic recovery
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Athens gets first taste of Erdogan's new era in power
PoliticsForeign Policyis profoundly divided and Ankara is still trying to find a balance in its relations with the West... and the way it handles Greek–Turkish relations is sometimes worse than Erdogan”. Nevertheless, relations... than before the meeting,” though he made no reference to any commitment by Ankara on this issue
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Focus turns to first post-MoU visit by creditors and talks on pension cuts
EconomyProgrammestrong and there is no fiscal balance or sustainability issue for the future,” she said. “Greece’s... applications are being addressed at a faster rate than in the past. According to the minister, around 70... by Prime Minister Alexis Tsipras at the Thessaloniki Expo in less than three weeks. This will all
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Tsipras confident on pension cuts, reticent on snap elections
PoliticsGreek Politicsfiscal pain than previous governments. Next elections In his interview, Tsipras insisted that he would like the government to see out its four-year term, rather than go to triple elections (national... would allow us to gauge the balance in Greek society, which I believe bears no relation to the opinion
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Countdown to Macedonia name deal vote has PM weighing up support
PoliticsForeign Policywill respect this decision” – as long as more than 50 percent participate in the referendum and the result.... The parliamentary speaker, Nikos Voutsis, will have to decide what order they take. Political balance Kotzias... a diplomatic problem that has lasted more than 25 years. Kammenos has recently said that if the Prespes
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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomypreviously, albeit higher than the last quarter of 2017, when the economy grew by 2 percent. Real GDP... -0.6 percent in April. The current account will be in balance by 2023, unchanged from the previous... where countries’ per capita GDP declined more than 20 percent, peak to trough. The sample includes
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Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
EconomyMacroeconomythan the 178.6 percent in April’s estimate, mostly thanks to the upward revision of GDP. Greece’s... that the calculation of the primary balance does not follow the same methodology as the one used under... is lower as a percentage of the economy but at 317.4 billion is nominally higher than the 315 billion
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