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Newsletter 438 - 25/10/2024
with other organisations as well as the Greek authorities on the near-term growth forecasts, expecting... in the near-term at 6.5 pct of GDP this year and 5.3 pct in 2025, though it will moderate by 2029
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IMF forecasts add to concerns about sluggish growth ahead
EconomyMacroeconomyauthorities on the near-term growth forecasts, expecting the economy to grow by 2.3 pct this year.... The current account deficit according to the IMF will persist in the near-term at 6.5 pct of GDP this year
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Greece looks to cultivate ties with Egypt and Israel while keeping eye on Turkey's role in Syria
PoliticsForeign Policyto explore whether Egypt has any intention of signing a maritime agreement with Turkey in the near... the power grids of Greece, Cyprus and Israel. This prompted Ankara to send navy vessels near
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Greeks crying out for political change but doubt it will happen, poll finds
Societyreport both low appetite for change and higher trust in leadership. Greece’s unique combination of near... or ethical standards. Greece’s unique combination of near-universal calls for change, sweeping doubt in its
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Health minister hogs spotlight, puts PM in tricky position
PoliticsGreek Politicslawsuit, a near‑physical clash with protesting hospital staff, and a rolling dispute over a missing... was in Nikaia near Piraeus, attempting to inaugurate a new hospital emergency department while public
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Parry and thrust from Mitsotakis as Tsipras prepares for own offensive
PoliticsGreek Politics- and accused it of incompetence over the explosive‑laden sea drone found near the island of Lefkada, calling... are hovering near the parliamentary threshold. Tsipras has also sharpened his economic message. After... leaderships about dissolving their parties and joining him en bloc. His new party will be a clean, centralised
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PASOK sustains its attack on ELAS as wildfires continue to dominate agenda
PoliticsGreek Politicswhile both ND and PASOK responded with near-simultaneous, personally targeted attacks focussing... the government of failing to use 187 million euros in RRF money earmarked for undergrounding cables near
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Marginal deposits outflow of 212 million euros in August
EconomyMacroeconomybillion in August almost flat mom. It is also worth noting that total deposits – including euro
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2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct
EconomyMacroeconomyin 2014 from -7.0 percent in 2013). Note that nominal GDP is anticipated to remain almost flat yoy
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Greece's building activity continues its nosedive in July
EconomyMacroeconomyGreek building activity (measured by the number of building permits) dropped 24.0 percent in July with the respective surface figure easing 8.6 percent, while volume remained flat year on year, according to the Hellenic Statistical Authority (ELSTAT). Moving to the aggregate figures, which strip
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