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  1. IMF ups 2021 growth forecast to 6.5 pct, but keeps modest outlook for longer term
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    in 2022. The European Commission has yet to release its Autumn forecasts. In the summer estimates... down the forecast in Spring to 3.8 pct growth. Last October’s estimate also had Greek GDP dropping by 9.5 pct in 2020, before settling at 8.2 pct contraction. According to the latest estimate, Greece

    9%

  2. Athens buoyed by EU, US support over maritime spat with Turkey
    Photo via www.mfa.gr

    PoliticsForeign Policy

    on the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments

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  3. Quiet summer in Greek-Turkish relations not seen lasting
    Photo via https://flic.kr/p/2marG7P

    PoliticsForeign Policy

    , in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime.... Even though the meeting focused more on Turkey’s economic “return” to Libya for the country’s... from the international community. The political situation in Libya will remain fluid and it is quite

    9%

  4. Newsletter 443 - 29/11/2024

    Newsletters

    month’s estimate. The socialists pressed the government on the issue of cost of living by proposing... the saving rate is close to 14 pct and close to 15 pct in the euro area. The same data shows... income, against a nearly 10 pct in the euro area. The severe issue of affordability in Greece is also

    9%

  5. Newsletter 486 - 28/11/2025

    Newsletters

    opportunities to all” and insisting that growth would “reach every home, every family, every citizen.” Yet..., intensifying competition between SYRIZA and PASOK. Yet the publicity storm surrounding the book - and Tsipras’s... Minister Kostis Hatzidakis insisted the reforms would support honest producers and restore trust. Yet

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  6. Cost of Greek corporate loans rises in April, remains well above euro average

    EconomyMacroeconomy

    and remained well above the euro area average, according to the Bank of Greece (BoG). This rate had... the respective euro-area average rate of 1.56 percent in April, although the difference narrowed during... to 6 percent. The average euro-area rate on corporate loans over 1 million euros stands almost 4

    9%

  7. Newsletter 307 - 10/09/2021

    Newsletters

    to appoint an official from outside New Democracy. The unusual nature of the appointment also makes... recent forecast. Before this week’s GDP release, the estimates of major international organisations... the more optimistic estimates of the private sector, which converged towards a consensus of above 5

    9%

  8. Greece - Some structural macroeconomic arithmetic
    Photo by MacroPolis

    Agora

    of the 2010s, but this was of course an unusual episode. Most countries have seen a slowing in labor.... This explains why different institutions have different estimates of potential output and potential output...,” in their view, for the time being. These differences in potential output growth estimates are not innocent

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  9. Here's why Greece's fiscal difficulties will dominate the agenda

    EconomyProgramme

    , the submission of the income tax declarations for 2015 has not started yet and it remains unclear when... for this year have not been specified. Tax evasion and smuggling Another area of intervention... billion for the whole year. In addition, revenues are back-loaded, since H1 revenues are estimated

    9%

  10. Newsletter 27 - 22/05/2015

    Newsletters

    as there are a number of key issues on which Greece and the institutions have yet to agree, suggesting... issues such as macroeconomic projections, fiscal targets and VAT rates have yet to be settled... proposal to its original The current unease within SYRIZA has not yet spilled over into a full-blown

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