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  1. IMF upgrades Greece’s GDP and unemployment rate estimates
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    in Parliament the 2017 draft budget, which assumes a GDP contraction of 0.3 percent in 2016, in line

    1%

  2. IMF sees primary surplus of 0.7 pct of GDP in 2017, debt ratio peaking at 184.7 pct

    Economy

    percent in 2019, to 173.1 percent in 2020 and to 169.2 percent in 2021. In the 2017 draft budget

    1%

  3. Unemployment rate falls for second straight month, reaching 23.2 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    including their unemployment estimates. In particular, the 2017 draft budget foresees the jobless rate

    1%

  4. Tsipras braces for SYRIZA congress, weighs up reshuffle options
    Photo by MacroPolis

    PoliticsGreek Politics

    of GDP, as set out in the draft budget, next year. If Tsipras sees an incentive in completing the review

    1%

  5. CPI falls at slightly higher pace of 1 pct in September

    EconomyMacroeconomy

    in 2017. The 2017 draft budget foresees HICP to remain flat in 2016 and increase by 0.6 percent next

    1%

  6. Greek households continue to slash spending on goods and services

    Society

    Greek households devoted a greater portion of their monthly household spend on food, housing and education in 2015 compared to 2008, while a smaller share went on clothing and footwear and health, according to the 2015 Household Budget Survey published by the Hellenic Statistical Authority (ELSTAT

    1%

  7. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    largely reflects the incorporation of the 2015 household budget survey, short-term indices for the water

    1%

  8. Arrears payments of 915 mln in Aug bring total to 1.4 bln over two months
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    ). In addition, extrabudgetary funds and state budget arrears of 252.1 and 205.8 million respectively

    1%

  9. Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
    Photo by MacroPolis

    EconomyMacroeconomy

    . Keeping with the draft budget and European Commission’s estimates, the BoG forecasts that growth

    1%

  10. ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt

    EconomyMacroeconomy

    that in the 2017 draft budget tabled on October 3, the Finance Ministry pointed to a primary surplus of 1.28

    1%