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  1. BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
    Photo by MacroPolis

    Economy

    to potentially exceed the current growth estimates for 2019 of 1.9 percent. For the next two years... previous estimates thanks to a stronger 2019 and some of the policies that the new administration has adopted, yet below the estimates of the Finance Ministry in the latest budget. According to BoG, private

    2%

  2. Budget primary surplus confirmed at 6.95 bln in Nov
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    monthly primary balance’s surplus showed an increase of 27.9 percent. The MoF estimates in its latest... estimates contained in the 2020 budget, the budget balance is expected to land at 3.55 billion at the end.... The 2020 budget estimates net revenues to reach 55.03 billion by the end of this year. Expenditure

    2%

  3. S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
    Photo by MacroPolis

    Economy

    of fiscal support and deferrals in the volume of 15 billion, or 7.5 pct of GDP according to S&P estimates... 157 pct in 2019. S&P estimates the total liquidity reserve at roughly 20 pct of GDP, a factor... current estimates that would erode the liquidity reserves of the authorities would lead

    2%

  4. EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed

    EconomyMacroeconomy

    in the spring estimates. This moves the country from the worst-hit economy this year behind Italy, which.... In the previous estimates, Italy was seen contracting by 9.5 pct, Spain by 9.4 pct and France 8.2 pct. Overall, the Commission had to downward revise its estimates for the euro area and EU, with eurozone

    2%

  5. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    . The IMF estimates Greece going into a deep current account deficit of 7.7 pct of GDP, from a 2.1.... The Fund is broadly in line with the fiscal estimates of the Finance Ministry this year and for 2021, although there is some divergence in the debt level estimates that Athens does not see exceeding 200

    2%

  6. Newsletter 335 - 15/04/2022

    Newsletters

    flexibility in extending support measures. The new estimates that will be incorporated... noted on TV yesterday that growth estimates are also revised to 3 pct, down from 4.5 pct before... campaign in 2023 offering more tax relief measures, which by some estimates require 2 billion euros

    2%

  7. IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    The International Monetary Fund (IMF) released its latest global macro and fiscal estimates... and by 2027 at 44.8 pct. Overall, the IMF is now aligned with the estimates of the Greek and European... with Russia. The official Greek estimates will be captured in the new MTFS that is due

    2%

  8. Incorporating impact of Ukraine war, EC revises growth forecast down to 3.5 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    substantial this year, it is revised down from previous estimates as the eurozone and the global... by the temporary measures in response to the high energy prices. The fiscal estimates assume that all pandemic... in supplementary pensions and bonuses. The latest Commission estimates are broadly in line

    2%

  9. How SYRIZA says it will fund its economic policies
    Photo by MacroPolis

    Economy

    programme was estimated by SYRIZA at 11.36 billion euros, of which 6.5 billion relate to the growth... and fuel smuggling. Estimated revenues are seen at 3 billion euros from the first year, yet SYRIZA... with estimated revenues of 3 billion in the first year. 4) Reallocation of 3 billion euros from

    2%

  10. What is SYRIZA planning to do with Greek banks?

    Economy

    programme with a total cost estimated at 11.4 billion euros. SYRIZA’s economic policies were... of any type of unpaid obligations to banks. The cost of capital for this entity is estimated by SYRIZA... enterprises (SMEs) and farmers. The estimated cost stands at 1 billion euros. In Thessaloniki, Tsipras

    2%