Search
-
GDP growth slows to 0.3 pct QoQ, investments underwhelm
EconomyMacroeconomyand by 0.4 percent QoQ. The data during the first nine of the year indicate annual growth of 2.3 percent, which is in line with the finance ministry’s latest estimate for the year. Outlook According to the latest Finance Ministry estimates included in the final 2025 budget, the estimate for 2024
5% -
PM briefs EU leaders on migration stance as Turkey tries to pin blame on Greece
PoliticsForeign Policythat Turkey has usually interpreted it. Libya There is a possibility of a ceasefire in Libya within the next.... But, according to government spokesman Steffen Seibert, Merkel told Haftar that the situation in Libya... that will take place in Libya's international waters aiming to preserve the UN arms embargo. The new
5% -
Newsletter 180 -26/10/2018
Kammenos and Kotzias. The latter resigned after he was allegedly accused by the defence minister during... euros, or 176.1 percent of GDP, which is lower than the 178.6 percent in April’s estimate, mostly thanks... April’s 180.8 percent estimate. Meanwhile, the issue of whether pension cuts can be avoided next year
5% -
Newsletter 419 - 05/04/2024
worrying, with Greek HICP growing by 1.8 pct month-on-month. This comes during a period..., there is a critical mass of evidence that the Finance Ministry’s estimate of 2.9 pct will likely be out of reach. The Parliamentary Budget Office (PBO) this week released its latest estimate
5% -
Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeatures, with the exception of emergency supplies to Bulgaria during the Russia-Ukraine crisis of 2009... shipments becomes crucial in a supply disruption. During the Russia-Ukraine gas dispute of 2009, Greece... with enough volume to cover two days of demand. More recently, during the extended cold weather of January
5% -
Govt calls on local businesses and banks to free up capital for investment
PoliticsGreek Politics. As such, and having provided ample support to local businesses during the pandemic (the total state backing during 2020 and 2021 is expected to reach more than 40 billion euros) Mitsotakis is expecting... official estimate. He added that there will be a clearer picture once the third quarter is completed
5% -
Newsletter 227 -08/11/2019
by the government during the summer left off, focussing on lowering taxes for individuals and businesses and thereby fulfilling one of the main pledges that the ruling centre-right party made during... step towards lightening the load placed on individuals during the crisis, particularly under SYRIZA
5% -
Newsletter 438 - 25/10/2024
to aim a dig at former PM Antonis Samaras (without naming him) during a debate in Parliament... came from the IMF estimate for 2029, which sees the economy slowing down significantly to 1.3 pct... that was agreed with Brussels and published a few days ago. It was reported this week that during
5% -
Newsletter 221 -27/09/2019
, but not others. The face-to-face talks during the week did not bridge the views on the fiscal outlook... during the talks that the direct effects of the tax cuts on the economy that will raise growth... with the European Commission’s current estimate of 2.2 percent growth, and 2.1 percent for this year
5% -
Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeaturesto estimate the impact of the coronavirus on the country’s vital tourism industry. The study examined... report showed that during 2019, travel and tourism was responsible for 22.6 million jobs, or 11.2..., INSETE estimates that the loss of tourism revenue this year will be extensive, since the second
5%