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  1. Newsletter 173 -07/09/2018

    Newsletters

    of ministerial decisions that extends the sectoral contracts in four sectors of the economy. Around 75,000... (ELSTAT) provisional estimates revealed this week. The Greek economy grew by 1.8 percent year-on-year... Lower investments hamper GDP growth Year-on-year increase reaches 1.8 pct in Q2 The Greek economy grew

    3%

  2. Greek leaders' contrasting visions all a blur
    Photo via @kmitsotakis

    Agora

    for how they want to shape the economy (and with it the country) for the first time since Athens agreed... with the economy, bring down taxes, encourage social mobility and drive growth at almost double the rate (4... responsibilities would diminish) and provide an immediate pick-me-up for the economy. There are doubts

    3%

  3. GDP revision for 2017 points to slight improvement from initial estimates
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    data, Greece’s economy in volume terms performed slightly better in 2017, growing by 1.5 percent... was marginally lower at 7.1 percent from 7.2 percent in the first estimate. In nominal terms, the Greek economy..., the Greek economy performed marginally worse in the 2015-2016 period compared to March’s estimates

    3%

  4. New strategic investment framework unveiled, faster licencing and tax breaks promised

    EconomyFeatures

    A new strategic investment framework was presented on Wednesday by the Economy Minister Yiannis... component was to attract investment in all sectors of the economy to ensure the widest possible... of the economy such as industry.” The existing licensing procedures will be streamlined and new provisions

    3%

  5. Chasing investment, the Greek dream
    Photo by MacroPolis

    Agora

    and international organisations that monitor the Greek economy. Investment spending has a strong multiplier effect as each euro spent on investment boosts household consumption and the economy’s overall growth... the economy forward. Yiannis Mouzakis

    3%

  6. Budget approved as party machinations intensify
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the economy and protecting the weakest. He contrasted this with the pledges being made by New... noted that that the economy has been recovering for seven consecutive quarters and the unemployment... this by claiming that the government has inflicted serious damage on the economy and has failed

    3%

  7. Coalition set to extend, improve OCW but opinion poll favours ND
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    while it continues to negotiate with the institutions over the framework that will succeed it. Economy... of voters say they are still undecided. The concern about the state of Greece’s economy is underlined... that there will be a new crisis next year. Also, 46 percent of those questioned said that the economy should

    3%

  8. Athens revises projections in Stabilty Programme, sees more fiscal space in coming years
    Photo by MacroPolis

    EconomyProgramme

    into consideration the slowdown in the global economy. The Finance Ministry also notes that the prospects... the government’s functions, dropping to 42.5 percent of GDP, from 47.3 percent in 2017, as the economy grows... have on exports growth. Also given the propensity of the Greek economy to import, the rise in imports

    3%

  9. Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
    Photo by Panayotis Tzamaros/Fosphotos

    Features

    as one of the central pillars of the Greek economy when direct and indirect contributions from tourism... billion of revenue in the economy, or 11.7 percent. Two multiplier effects were then factored... and indirectly contributed 47.44 billion euros to the economy in 2018, or 25.7 percent

    3%

  10. Hotel owners sound warning over Thomas Cook revenue losses
    Photo by MacroPolis

    EconomyFeatures

    in Greece, another 2.50 euros is generated indirectly, the Greek economy can expect to face a loss... that the tourism industry acted as one of the central pillars of the Greek economy when direct..., tourism directly generated 21.56 billion of revenue in the economy, or 11.7 percent.

    3%