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  1. Newsletter 397 - 13/10/2023

    Newsletters

    , Moody’s indicated that it expects robust growth dynamics with an average growth of 2.2 pct over

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  2. 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

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  3. 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.

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  4. 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

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  5. Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
    Photo via Flickr https://flic.kr/p/7BWNey

    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

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  6. GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    a first estimate of the overall GDP figure for 2020, showing GDP dropped by 8.2 percent in real terms... to revision in the second GDP estimate which ELSTAT will release later in the year. The GDP increase.... Final consumption expenditure decreased 2.2 percent (though government consumption was up 7.3

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  7. Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 10.6 percent YoY and also by 2.2 percent QoQ. Over the full year 2022, real GDP is up 5.9... of 2023, the growth estimate for 2022 was 5.6 pct and 1.8 pct for 2023. The most recent inflation estimate for the national CPI is 9.9 pct for 2022 and 5 percent for 2023. In the latest financial

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  8. IMF forecasts high primary surpluses, tempers growth expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    . However, the IMF’s estimate for next year is significantly lower than the 3 pct forecast of the Greek..., from 1 pct in 2023 and remain above 2 pct for the whole forecast horizon up to 2028 at 2.2 pct... outlook for next year appears to be dimer compared to the Finance Ministry’s very bullish estimate.

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  9. Q1 GDP growth accelerates to 0.7 pct QoQ
    Photo by MacroPolis

    EconomyMacroeconomy

    sent to Brussels in May, the estimate for 2024 was revised down to 2.5 percent, from the 2.9 percent that was the initial budget estimate. In the latest annual report of the governor that was presented... growing by 2.2 percent in 2024. In its latest WEO released in April, the IMF sees growth of 2

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  10. Turkey maintains maritime pressure as Athens and Ankara court Haftar
    Photo by MacroPolis

    PoliticsForeign Policy

    as Chevron’s decision to submit a proposal for two blocks south of Crete despite the Turkey-Libya... spatial planning (MSF) last April, but since then is trying to leverage its footprint in Libya... the Turkish-Libyan memorandum. Belgacem Haftar, the son of Khalifa Haftar and director of Libya’s

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