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  1. GDP continued to slow in Q4, rise for 2023 at 2 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    GDP grew by 2 percent, with final consumption up by 1.8 percent, investments down by 0.5 percent... in the latest economic outlook places Greek growth at 2.4 percent for 2023, slowing to 2 percent in 2024.

    44%

  2. IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    by 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly... commitment of primary surpluses above 2 pct of GDP. The primary balance is seen at 2.1 pct of GDP

    44%

  3. Industry boosts economic sentiment, consumer confidence at lowest in almost 2 yrs
    Photo by MacroPolis

    EconomyMacroeconomy

    in the previous month. The EEI is up roughly 2 points in the rolling 12-month period. Industry confidence... points previously. The index is currently up by roughly 2 points on a rolling 12-month basis.

    44%

  4. CPI moderates to 2 pct in Apr, rents continue to climb with 10.8 pct YoY rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) has stabilised in the recent months, with a rise of 2 percent year-on-year (YoY) in April, from 2.4 percent in the previous month, according to the data released... inflation rose by 2 percent, after a sharp increase in March with a 2.2 percent YoY, though dropping

    44%

  5. Can the Green Transition be just?
    Photo by MacroPolis

    Agora

    , as in 2021 they represented 72% of 1990 levels (Figure 2). Nevertheless, in recent years, this sector’s..., resulting in emissions in 2021 being virtually at 1990 levels. Figure 2: The evolution of emissions... by soaring fossil gas prices, puts forward a specific model of resource use. The energy crisis bore

    43%

  6. Does the EU Commission suffer from optimism bias? (Part 1)
    Photo by EC - Audiovisual Service

    Agora

    and why these differences are important for policy interpretation. In part 2 of this blog, we will call.... Real GDP is the product of labor input and average labor productivity (Q = L *(Q/L)). Figure 2 shows..., and a bigger labor force, hence delivering higher employment throughout the future years (Figure 2

    42%

  7. General gov't cash surplus widened to 2 bln in January

    EconomyMacroeconomy

    The Greek general government (gg) cash surplus in January widened by 32.5 percent to 2 billion euros from 1.51 billion last year, according to the gg bulletin released by the Ministry of Finance on Tuesday. The gg balance also showed a surplus at 1.76 billion from 1.25 billion last year. All gg

    41%

  8. Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln

    EconomyMacroeconomy

    Greek bank credit contraction slowed to 2 percent in December from 2.2 percent in November, Bank of Greece (BoG) data showed on Friday. The net lending flow turned positive for the first time since June 2015 with net loan additions of 210 million euros in December from deductions of 458 million

    41%

  9. Marginal net losses of 2 mln for Alpha in Q1
    Photo by MacroPolis

    EconomyBanking

    of 22.8 billion, the majority (15.3 billion) relates to loans, 3.5 billion to pillar II bonds, 2

    41%

  10. Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln

    EconomyMacroeconomy

    Greek bank credit contraction edged up to 2 percent in May, after slowing to 1.9 percent in April, Bank of Greece (BoG) figures displayed on Monday. Net deductions increased to 357 million euros in May, which is the second highest figure in the course of this year, and largely reflect a negative

    41%