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Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
EconomyMacroeconomythat the forecast was ambitious as most of their estimates ranged between 2 and 2.5 pct. Most... in 2024 and 9.9 pct in 2025, while HICP is seen moderating to 2.6 and 2 pct this year and next, from
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Resurfacing of Prespes Agreement troubles PM as poll picks up on protest vote
PoliticsGreek Politics, and Demokrates – a left-nationalist party led by former PASOK minister Andreas Loverdos – garners 2 pct.... The results would yield 8 seats for ND, 4 for SYRIZA, 3 for PASOK, 2 apiece for Communist Party KKE
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Q1 GDP growth accelerates to 0.7 pct QoQ
EconomyMacroeconomygrowing by 2.2 percent in 2024. In its latest WEO released in April, the IMF sees growth of 2 percent in 2024. In its latest economic outlook in May, the OECD places Greek growth at 2 percent
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NATO summit also gives PM chance to address issues with neighbours
PoliticsForeign PolicyGreek Politicsthe military alliance, so that all countries meet the 2 percent of GDP spending target. Greece is among NATO... to 2 years in prison for electoral corruption. Albanian President Bajram Begaj decreed August 4
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Mitsotakis unveils latest housing measures as ND rebels query foreclosure regime
PoliticsGreek Politics. The second phase, “My Home 2”, will have an envelope of 2 billion euros and looser eligibility
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Latest IMF forecasts see solid fiscal performance, poor growth beyond RRF
EconomyMacroeconomy, marginally slowing down to 2 pct in 2025. The most alarming piece of data is the IMF estimate for 2029... by 2029 at 2 pct. The current account deficit remains sizable, at 6.5 pct this year and 5.3 pct in 2025
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ND and SYRIZA contend with internal strife as PASOK advances
PoliticsGreek Politicsto 6.4 pct, placing it in fifth place, more than 1 point behind the Communist Party (KKE), and 2 points behind Greek Solution. PASOK, however, saw its support rise by almost 2 points to 14.1 pct
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Newsletter 439 - 01/11/2024
behind the Communist Party (KKE), and 2 points behind Greek Solution. PASOK, however, saw its support rise by almost 2 points to 14.1 pct during this period. This places the Socialists firmly
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Alpha NII at 1.22 bln in 9M, fees up by 11 pct YoY at 306 mln
EconomyBankingAlpha Bank reported a net profit of 489 million euros in 9M 2024, compared to a profit of 498 million euros in the same period of 2023, a drop of 2 percent. Normalised profit after tax for 9M was 666... and 73 percent from collateral. P&L NII was 1.24 billion euros in 9M, up by 2 percent year-on-year
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Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
Economyto 2 pct. This leads Greece to having the lowest household investment rate, in the last spot... that consumers must pay 28 pct more to buy 2 pct fewer goods compared to 2006. The data does not just capture
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