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PM hails Chevron bid as vote of confidence amid mixed reactions to TIF package
PoliticsGreek Politicsthe 2019 Turkey-Libya memorandum which claims some of the maritime zones south of Crete. The prospect... of missteps in relations with Egypt and Libya have led his critics to question the credibility
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policy, Mitsotakis last week proposed a new initiative involving Cyprus, Egypt, Turkey, and Libya during..., Libya, and Egypt, according to Kathimerini. Boulos, who met with Mitsotakis last September, is said
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IMF revises growth forecasts downwards, emphasising gap with other lenders
EconomyMacroeconomyslightly to 1.8 percent next year. The estimate for this year is a substantial revision from the WEO estimate in October, when the Fund expected Greece to grow by 2.6 percent in 2018. Also, the estimate for 2017 was for 1.8 percent growth, now revised down to 1.4 percent, in line with ELSTAT’s
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IMF still sees fiscal gap in 2018 - no action needed, for now
EconomyProgrammedecade, when the Greek growth estimate eases to 1 percent in 2022. This year’s GDP will be boosted... the deflation years behind, with the inflation estimate at 1.2 percent this year and 1.3 percent in 2018... forecast for 2017 which has been revised downward from the 2.1 percent July estimate. On the fiscal
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Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
EconomyMacroeconomy) of 2015 as it edged up by 0.1 percent quarter on quarter (QoQ) compared to a flash estimate of 0.6... estimate and involve December data for the balance of payments and quarterly data for the labour force... but in line with Bank of Greece (BoG) estimate. However, it is lower than the initial forecasts upon
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EC forecast acknowledges pressure on Greek households, revises down growth
EconomyMacroeconomy. The estimate for next year was also downward revised to 2.3 percent, also from 2.5 percent... consumption is now seen growing by 0.5 percent this year and 0.9 percent in 2019. The estimate for 2018... the previous estimate of 11.5 for 2018 and unchanged for 2019. Exports are seen performing strongly, assisted
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EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
EconomyMacroeconomyrevised upward, from 2.3 percent in November to 2.4 percent now. The estimate for 2021 remains unchanged... the market share in export markets. Although the uptick in the growth estimate for this year was implied... that it will converge with Bank of Greece’s, this year’s estimate by Brussels remains below the Greek
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How Greece sleepwalked off a cliff in 2009, in black and white
Agora, when even the revised revenue targets for 2009 contained an estimate that revenues would grow by 14... their estimate of 2.5 billion euros in revenues. The expenditure disaster However, the true disaster lies... jumped by 18.1 percent vs an annual growth estimate of 9.8 percent. Based on first half of the year
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Newsletter 224 -18/10/2019
to the previous estimates that were released in April. The IMF sees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent. Next year’s estimate is unchanged. Despite the downward revision of this year’s growth estimate
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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomyexpenditure rose by 0.1 percent. ELSTAT also released a first estimate of the overall GDP figure for 2019... just short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019. This is subject to revision in the second GDP estimate which ELSTAT will release later in the year
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