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  1. Newsletter 44 - 25/09/2015

    Newsletters

    to get his parliamentary group to read from the same page. However, total unity cannot be guaranteed... for a milder recession in 2015 of between 1.5 and 2 percent, compared to the official forecast of 2.3 percent... a best-case scenario. This scenario assumes total capital needs of up to 15 billion euros, almost

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  2. Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target

    Economy

    of the total revenue revision. In addition, direct taxes also fell by 10.4 percent in September after... percent in September, after easing by 2 percent in August, yet the 9-month figure fell by 6.8... of the FY target of 750 million) 2) Other social security funds expenditure (at zero versus an annual target

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  3. MTFS outlines ambitious economic and fiscal road for next four years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    balance. According to the finance ministry, Greece will grow by 2 percent in 2018, lower than its... organisations. Growth will pick up to 2.4 percent in 2019 and remain above 2 percent before dropping to 1.8... surplus by 2022, reaching 2 percent of GDP, or 4.15 billion, which is around five times the outcome

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  4. Newsletter 182 -9/11/2018

    Newsletters

    that is in scope for the purpose of this forecast, Greece is expected to grow by 2 percent in 2018, slightly higher from the 1.9 percent previously. Growth next year is seen at 2 percent, from 2.3 percent... return back to 2.3 percent growth. Growth for 2020 is also seen at 2 percent. Both private

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  5. Newsletter 193 -08/02/2018

    Newsletters

    almost 1.3 billion euros in 2018, around 2 billion euros remained unpaid at the end of December... the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent as a result... growth is estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2

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  6. Newsletter 238 -07/02/2020

    Newsletters

    securitisations in the first half of 2020. 2 Unemployment at 16.5 pct in Nov Total employment reaches 3.91... or a rise of 2 percent. Total employment reached 3.91 million people. The overall labour force came..., Phoenix and Vega. The first portfolio, code-named Phoenix, carries a gross book value of 2 billion euros

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  7. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    of 2 percent YoY. Asset quality NPEs fell by around 1.2 billion euros in Q4, taking the stock to 24.5... billion, and Phoenix valued at 2 billion. These portfolios will be placed with the Hellenic Asset... reached 1.44 billion, a rise of 2 percent YoY. The bank’s management noted that 4.1 billion in new

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  8. Newsletter 349 - 02/09/2022

    Newsletters

    . A total of 142 opposition MPs voted for the centre-left party’s motion (one was absent). Only 120.... This emerges as a more divisive issue, with only 2 pct of ND voters agreeing that Mitsotakis should step... the attention of markets. According to a recent study by the Bruegel think-tank, the total amount

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  9. Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total deficit is seen at 2 pct of GDP, 4.46 billion euros, from a deficit of over 4 pct, 8.54... by higher tax revenues of close to 2 billion euros at 56.75 billion euros. Taxes are up by 1 billion euros.... Spending is contained by almost 2 billion euros, primarily due to winding down most of the pandemic

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  10. Newsletter 488 - 12/12/2025

    Newsletters

    grew by 0.6 pct quarter-on-quarter and 2 pct compared to the same period last year. Growth over the first nine months averages 2 pct, and strong private spending during the festive season will be needed... to 2 pct in 2026, or slightly below, with Capital Economics the latest to predict 1.8 pct for next

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