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  1. PBO ups growth estimate to 3.6-4.8 pct, warns of complacency and inequality risks
    Photo by MacroPolis

    EconomyMacroeconomy

    Following the positive developments in the first quarter of the year, when the economy only shrank by 2.3 pct on an annual basis, in its latest quarterly report the Parliamentary Budget Office shifted from its previous baseline scenario of annual growth...

    7%

  2. IMF downgrades Greek GDP and unemployment forecasts
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    year on year compared to IMF’s estimate for a growth of 0.7 percent. The European Commission (EC... of Greece (BoG) has a slightly lower estimate of 2.5 percent, while the OECD foresees a much slower growth.... For 2018, the IMF expects GDP growth to accelerate to 2.7 percent, while its medium-term estimate

    7%

  3. Newsletter 65 - 04/03/2016

    Newsletters

    of a primary surplus of 3.5 percent of GDP. In contrast, the EC and the government estimate a lower... percent contraction it foresaw in its flash estimate on February 12. The reported figures point... lower than the initial estimate incorporated in the third bailout programme of a recession of 2.3

    7%

  4. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Athens now sees 2017 growth settling at 1.6 percent, well below the initial estimate. The Finance...). In fact, private consumption only grew by half the original estimate, 0.9 percent. Investment also reached just over half the estimate, increasing by 5.1 percent. The growth of exports did

    7%

  5. Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    for 2016. The MoF, Bank of Greece (BoG) and the EC estimate a mild GDP contraction of 0.3 percent, while OECD’s estimate stands a bit lower at 0.2 percent. In contrast, IMF sees a marginal GDP expansion of 0.1 percent. For the full year MoF and EC estimate of a GDP contraction of 0.3 percent to be met

    7%

  6. Newsletter 33 - 03/07/2015

    Newsletters

    of banknotes in circulation rose by 15.1 billion euros in the December–May period, accounting for 43... of banknotes in circulation rose by 15.1 billion euros in six months from December. the pre-crisis... is unlikely to en masse favour being part of a national emergency government. The other possibility

    7%

  7. Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003

    EconomyMacroeconomy

    in July. Despite the recorded outflows, banknotes in circulation fell for the first time since November... or under mattresses as in the previous months. Over the past eight months, banknotes in circulation have

    7%

  8. ELA funding down by 1.23 bln in August for second successive fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    process. BoG data also displayed banknotes in circulation marginally rose by around 50 million to 50.18... banknotes in circulation increased by 20 billion, corresponding to 45 percent of the recorded private sector

    7%

  9. Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    . Despite the slight inflows in August, banknotes in circulation marginally rose by 47 million on that month. Over the last nine months, banknotes in circulation have risen by 20 billion euros

    7%

  10. ELA funding drops by 1.58 bln in Sept for third straight fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    -lived rise by 50 million euros in August, the amount of banknotes in circulation fell by 920 million... political and sovereign concerns. Over the last nine months, banknotes in circulation have risen

    7%