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  1. European Commission leaves 2024 growth estimate of 2.3 pct unchanged
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    The European Commission left Greece’s growth estimate for 2024 unchanged in the latest winter forecast published on Thursday, expecting the Greek economy to grow by 2.3 pct. The forecast remains slightly more moderate than the 2.9 pct growth the Finance Ministry expects, on which it has based

    22%

  2. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    . The year to date net flow widened accordingly to 5.6 billion from 310 million at the end of the first... in 2013, the IMF and the OECD estimate C/A balance will remain positive in 2014-15, at 0.2 – 0.9 percent

    20%

  3. EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022

    EconomyMacroeconomy

    The European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February... estimates assume the relief measures that have so far cushioned the blow on the economy will not be cut

    17%

  4. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    estimates a gg primary surplus of 812 million (0.4 percent of GDP) in 2013, higher than the initially

    16%

  5. IMF upgrades Greece’s GDP and unemployment rate estimates
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    to an estimate of a 0.6 percent GDP contraction in the previous WEO. It is worth noting that this is the most... with the European Commission (EC) estimate, while OECD expects Greek GDP to slip 0.2 percent this year... 2.7 percent previously. The government and the EC estimate the Greek economy will recover by 2.7

    15%

  6. PM hopes solo run can lead to settlement of football dispute
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis has taken it upon himself to try to resolve the storm created by a dispute involving the country’s top football teams and their owners, which is threatening unpredictable political consequences. During Thursday’s cabin...

    15%

  7. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent... is estimated to be achieved mostly via write-offs (6.5 billion) as well as restructuring, collections... from Piraeus’ core assets versus the current 65 percent. PLU loans are estimated to decline from 37

    15%

  8. ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
    Photo by MacroPolis

    PoliticsGreek Politics

    will have to pay sanctions of around 310 million dollars, of which 85 million dollars relates to bribery... refund is estimated at 1.4 billion euros by mid-July, the mortgage subsidy is another 400 million, SYN-ERGASIA is estimated at 1 billion and the reduced tax-advance this year is another 500 million. Tax

    15%

  9. Greece's C/A deficit for March drops sharply to 44.4 mln

    EconomyMacroeconomy

    the YtD amount to 310 million. The February outflow stemmed from a rise in resident’s investment... decades. In its latest World Economic Outlook, the IMF estimates that the C/A balance will remain

    14%

  10. Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros a month stood at 310 individuals. From the total pension claimants, roughly 1.2 million...The Labour Ministry's Computer Centre for Social Security Services (IDIKA) most recent report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension payments

    14%