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  1. Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    level of 5.2 percent. Unemployment will drop to 18.2 percent next year, from 19.6 percent estimate... main categories, with tax revenues increasing by 2.2 percent year on year to 46.42 billion euros... place and was initially estimated at 7.3 billion euros. Based on the programme methodology, next year’s

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  2. Newsletter 221 -27/09/2019

    Newsletters

    with the European Commission’s current estimate of 2.2 percent growth, and 2.1 percent for this year... will be hit particularly hard. The Greek Tourism Confederation (SETE) estimated that the economic losses

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  3. S&P moves Greece closer to investment grade, puts focus on budget and growth
    Photo by MacroPolis

    Economy

    on a 2.2 pct of GDP primary surplus in 2024. The debt-to-GDP ratio is estimated on a sliding path.... This is underpinned by an estimate of average growth up to 2025 of 3 pct. The stable outlook reflects

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  4. Trump's tariffs create gloomy economic environment for vulnerable Greece
    Image: MacroPolis

    EconomyMacroeconomy

    agricultural and food products were close to 31 pct. In an estimate last month, Bank of Greece had assumed 10... exports had a difficult time in recent years, as total exports continued to decline, falling by 2.2 pct..., with the US being the second largest market with a 5.4 billion euros share. It is estimated

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  5. Newsletter 467 - 20/06/2025

    Newsletters

    CPI at 2.5 pct and Eurostat’s HICP was at 3.3 pct, when the EU relevant index was at 2.2 pct and 1.9... for adverse developments to materialize and the 2.3 pct growth estimate of the Greek authorities appears.... Last year, more than 620,000 tourists from Israel visited Greece with estimated receipts of almost

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  6. Conflict in Middle East puts fresh pressure on economy

    EconomyMacroeconomy

    pct, when the EU relevant index was at 2.2 pct and 1.9 pct for the euro area. Due to structural... and the 2.3 pct growth estimate of the Greek authorities appears to be getting out of reach.... Israel visited Greece with estimated receipts of almost 420 million euros via 3.9 million overnight

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  7. Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates

    EconomyMacroeconomy

    previous estimate for a GDP contraction of 0.7 percent expected in early February. In specific, EC... 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday. The headline... is the highest negative reading since Q4 2014. ELSTAT said flash estimates are expected to be revised upon

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  8. GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY

    EconomyMacroeconomy

    prices increased by 2.1 percent from a rise of 2.2 percent in Q4, staying positive for nine... by 2.2 percent. Compared to Q1 2018, exports of goods decreased by 0.7 percent, and exports of services... meanwhile anticipates growth of 2.4 percent this year, followed by 2.2 percent in 2020 and 1.6 percent

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  9. GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    to the same quarter in the previous year, GDP at current prices increased by 2.2 percent from a downward revised rise of 2.2 percent in Q1, remaining positive for ten consecutive quarters... percent this year, followed by 2.2 percent in 2020 and 1.6 percent in 2021. The European Commission’s

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  10. Deadly collision throws spotlight on government’s migration policy

    PoliticsGreek Politics

    the crossing from Libya, and for which the Greek Ombudsman recommended disciplinary charges against... insufficient compared to the needs of industry which estimates a requirement of closer to 200,000... those living and working legally in Greece, including an estimated 155,000 migrants on long-term

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