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  1. Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
    Photo by MacroPolis

    EconomyMacroeconomy

    on 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

    17%
  2. 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

    17%
  3. Newsletter 507 - 05/06/2026

    Newsletters

    growth estimate downwards to 1.9%, from 2.2% in the previous outlook in December. At the end of last... on household incomes and consumer spending. The IMF also placed its estimate slightly lower at 1.8... unchanged at 2.4%, while imports growth is now seen at a more moderate 2.6%. The estimates

    17%
  4. Rising prices and energy pressures threaten to undermine 2026 outlook
    Photo via www.lamdadev.com

    EconomyMacroeconomy

    peers. The OECD revised its growth estimate downwards to 1.9%, from 2.2% in the previous outlook... energy prices weighing on household incomes and consumer spending. The IMF also placed its estimate...%. The estimates of these organisations cluster around similar growth rates. The Finance Ministry

    17%
  5. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    estimates 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

    17%
  6. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    is still materially improved, up 142 percent year on year (yoy) at 720 million, mainly courtesy... a C/A balance close to zero in 2013 and 2014. Note that the latest BoG estimates released..., which is broadly in line with troika July estimates at 2.8 percent and 1.7 percent respectively.

    17%
  7. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    “recurring” figure amounted to 720 million materially improved by 142 percent yoy. The strong monthly... years. Latest BoG estimates (released in the end of May) called for a C/A deficit of 3 percent of GDP in 2013 and around 2 percent in 2014, while the IMF’s more updated estimates stand at 1.0 and 0.5

    17%
  8. Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
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    EconomyMacroeconomy

    primary surplus is 2.2 pct of GDP from 2026, as high as 2.7 pct in 2028. The composition of revenues...The IMF spring meetings produced some good news for Greece via the World Economic Outlook and Fiscal Monitor. The IMF revised upwards its growth estimates for 2023, which is now seen higher at 2.6

    17%
  9. Newsletter 329 - 25/02/2022

    Newsletters

    will have to deliver a primary surplus next year of 1.5 pct of GDP and then secure an average 2.2 pct... and the institutions’ nominal growth estimate of 4 pct growth in 2023 proves accurate, the 2023 GDP is seen... target of 2.2 pct of GDP. With Greece soon due to enter a de facto pre-election period

    17%
  10. Manufacturing PMI edges up for second month in a row

    EconomyMacroeconomy

    at manufacturers operating in Greece. Despite the robust increases in new orders, the employment within..., according to the European Commission data released on February 27. Economic sentiment improved by 2.2

    17%