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Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomywas 0.3 percentage points better than the flash estimate released a month ago indicating a 2.6 percent... percent, while the third quarter posted a 7.7 percent rebound. In contrast, imports resumed... worse than the 3.7 percent indicated in flash estimates. GDP contraction in 2012 was also revised
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ELSTAT revises nominal 2015 GDP contraction to 1.3 pct
EconomyMacroeconomyIn its second estimate of the annual national accounts for 2015, the Hellenic Statistical Authority... before) as well as in general government consumption by 2.2 percent (from 0.3 percent previously... billion euros, 2.38 billion above its previous estimate, while 2013 nominal GDP was slightly upped
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Newsletter 349 - 02/09/2022
. A total of 142 opposition MPs voted for the centre-left party’s motion (one was absent). Only 120..., well above any previous estimates. Although a bumper year for tourism and the post-pandemic... would be the tax on windfall profits by electricity suppliers. The government had estimated
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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyon year (YoY) in Q3, higher than the flash estimate of 1.7 percent, according to the provisional... and deflation, confirmed flash estimate turned positive in Q3 2014 for the first time since Q1 2010... at current prices fell 0.8 percent in 9Μ, while the respective figure in real terms rose by 2.2
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Newsletter 372 - 03/03/2023
outlook for 2024, with the estimate doubling to 4.2 pct, from 2.2 pct in January. The improved growth... latest research in which Greece’s growth estimate for this year is significantly revised from the 1 pct..., is managing to hold its ground and could grow beyond initial estimates. At the end of 2022, when
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Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
EconomyMacroeconomy, from 1.8 pct in the 2023 final budget at the end of 2022. The most recent inflation estimate for HICP..., published mid-May, the Bank of Greece reiterates its growth outlook of 2.2 pct in 2023, with consumption... economy to grow by 2.4 pct in 2023, from 1.2 seen in the previous estimate in February. In its
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OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
EconomyMacroeconomyof 2.5 percent in projected for 2018, above its previous estimate of 1.9 percent. Private... by 7.7 percent. In addition, the growth in exports (+7.1 percent) is projected to outpace... to return but uncertainties remain. The OECD estimates that GDP will rebound by 1.1 percent in 2017
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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyannounced recently for Q2 2020 was deeper than its own estimate from April of -13.7 pct. Combined... of 7.7 billion euros, a sharp drop of 8.7 billion compared to the surplus of 1 billion in the same... by its initial estimates of an annual recession towards the adverse scenario of 8.5 to 9.4 pct
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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyestimates released in early November, which saw a GDP contraction of 1.4 percent. For next year, the EC and OECD expect a recession of 1.3-1.4 percent above the budget’s estimate. The upgraded MoF forecasts..., nominal GDP is now expected at 175.66 billion in 2015 (up by 1.92 billion from previous estimate
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Newsletter 247 -10/04/2020
benefit beyond the current 45 days. Officials estimate that 8 in 10 salaried staff will be eligible... percent in February, compared to a rise of 7.7 percent in February, Hellenic Statistical Authority... that the tourism industry globally finds itself in unchartered waters. He estimated that it would take up
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