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  1. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
    Photo by MacroPolis

    Economy

    organisations that monitor the Greek economy. The European Commission expects Greece to grow by 2.2 percent in 2020, the OECD has its estimate at 2 percent and the IMF expects 2.2 percent growth. The council

    4%

  2. Newsletter 224 -18/10/2019

    Newsletters

    this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent... faster than what the European Commission and the IMF estimates (2.2 percent). The PBO argues

    4%

  3. Newsletter 226 -01/11/2019

    Newsletters

    points for 2021 and 2022, meaning the new goal will be between 2.2 and 2.5 percent, close to what... into positive territory by 0.8 percent after a revised decline of 2.2 percent in July. The current positive

    4%

  4. EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
    Photo by MacroPolis

    EconomyMacroeconomy

    is 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

    4%

  5. Wages index drops for first time in two years, declining by 1.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index fell by 1.2 percent year-on-year (YoY) in the third quarter (Q3) of 2019, following an increase of 2.2 percent in Q2, Hellenic Statistical Authority... (NSA) wages index rose by 2.2 percent YoY in Q3 after a milder increase of 1.5 percent YoY in Q2

    4%

  6. Newsletter 233 - 20/12/2019

    Newsletters

    12,000 euros and ranges between 2.2 and 10 percent. New Democracy has targeted property and income...-on-year (YoY) in the third quarter (Q3) of 2019, following an increase of 2.2 percent in Q2

    4%

  7. Banks gear up for 2020 stress tests as evaluation begins
    Photo by MacroPolis

    EconomyBanking

    in 2019, to 4.8 percent in 2020, 2.6 percent in 2021 and 2.2 percent in 2022. Commercial real estate.... For Greece, this translates into a decline of economic activity of -2.2 percent this year, -3.5

    4%

  8. GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019

    EconomyMacroeconomy

    . The latest EC winter forecast showed that GDP was expected to grow by 2.2 percent in 2019, revised upward.... The council said that under a mild adverse scenario, GDP growth is expected to come in at 2.2

    4%

  9. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    since early March, totalling 2.2 billion since the start of the year. Funding costs (i.e. interest... and rose to 2.2 billion in the year to date, which is in line with the bank’s new loan origination target

    4%

  10. CPI falls by 1.8 pct YoY in July
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    is now at its lowest rate since July 2015 when it fell by -2.2 percent. The data showed that the core..., the goods’ index fell by 2.2 percent while the services index fell by 1.4 percent YoY. The harmonised

    4%