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  1. Newsletter 136 - 20/10/2017

    Newsletters

    , missing the target by 101 million euros. The Hellenic Statistical Authority’s (ELSTAT) second estimate... in real terms last year rather than the 0 percent estimate released in March. In nominal terms, the economy dropped by 1.2 percent against an initial estimate of 0.1 percent growth. ELSTAT also

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  2. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    released a first estimate of the overall GDP figure for 2018, showing that it grew by 1.9 percent...’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... by 7.5 percent, meaning that the initial figures for 2018 have beaten this estimate. Imports of goods

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  3. Newsletter 292 - 09/04/2021

    Newsletters

    of next year. This year’s estimate is marginally lower than the one forecast in the previous WEO... anticipated GDP to shrink by 9.5 pct in 2020, before ELSTAT’s first estimate for a 8.2 pct GDP... and a recovery from next year up to 2026 at -3.5 pct. This year’s estimate is a deterioration from October’s

    9%

  4. Newsletter 354 - 07/10/2022

    Newsletters

    to be a reserved estimate as receipts are expected to match the 2019 season of roughly 18 billion euros from... euros that the Finance Ministry had included in its 2022 budget estimates. The budget of 2022 assumed... the winning party would need to gain a clear majority, which is another issue that is of concern

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  5. Many obstacles to clear in Greece's digital leap
    Photo via https://flic.kr/p/4YVJXw

    EconomyFeatures

    and leveraged. A recent estimate put the combined funds earmarked for such projects in the public... Governance). The “Digital Reboot” report estimated that between 6 billion and 15 billion euros... with more advanced ICT requirements, finding appropriately skilled talent is challenging

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  6. Greece's antitrust damages initiative comes into force
    Photo by Panayotis Tzamaros/Fosphotos

    Legal

    of the available evidence, the competent national court is empowered to estimate the likely amount.... It is also noted that decisions of the Greek and EU Competition Authorities finding an infringement... of the competent Greek and EU review courts, are binding before a Greek court trying an action for damages

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  7. Newsletter 350 - 09/09/2022

    Newsletters

    fetch 80 pct of the 2019 receipts, a reliable reason to revise the estimate for this year’s growth... to the 50-seat bonus for the winning party, which applied in the 2019 elections, rather than linking.... Another option is to lower the threshold for winning a majority. Under ND’s electoral law, the winning

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  8. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    the quarter. ELSTAT also released a first estimate of the overall GDP figure for 2017, showing that it grew... the Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. This was driven largely by a 15.7... in November 2017. For 2018, the MoF revised upwards the growth estimate to 2.5 percent from 2.4 percent

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  9. Energy drives closer cooperation between Greece, Cyprus and Egypt
    Photo via @PrimeministerGr

    PoliticsForeign Policy

    process on the Syrian crisis, while also expressing “serious concerns over the situation in Libya.” The instability in Libya and the presence of jihadists there was highlight by the Egyptian president

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  10. In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    a maritime agreement with Libya that infringes on Greece’s sovereign rights. Some commentators... with Libya is “null and void” because it ignores the exclusive economic zones of Greece’s islands, which he

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