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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomypreviously, albeit higher than the last quarter of 2017, when the economy grew by 2 percent. Real GDP... where countries’ per capita GDP declined more than 20 percent, peak to trough. The sample includes
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Unemployment at 19 pct in July as inactive population increases
EconomyMacroeconomyMinistry’s Ergani database for August showed that there were 7,748 more departures than hirings... that the balance for the first eight months of the year, which came to 281,813 more hirings than departures
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New overdue taxes rise by 849 mln in August with total stock at 102.81 bln
EconomyMacroeconomytotalled 6.42 billion, lower than the figure for the same period last year by just under 25 percent. New... than the increase of 392 million noted in July. The VAT collectability rate declined to 83.8
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Newsletter 178 -12/10/2018
shaky lately as Panos Kammenos goes against the government line on more than the Macedonia name issue... previously, albeit higher than the last quarter of 2017, when the economy grew by 2 percent. Real GDP
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Athens to send draft budget to Brussels after talks with IMF on pensions
EconomyProgrammecuts than a few weeks ago, when European officials appeared reticent and IMF spokesman Gerry Rice... on hold, pending future fiscal performance, rather than scrapped completely.
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Greece 57th in WEF's Global Competitiveness Index based on new methodology
EconomyFeatureswas 62.1 percent, slightly better than the global average score of 60 percent. The result... to the US, while the worst spot was occupied by Chad at number 140. Germany scored 20 points higher than
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Tsipras faces challenges ahead on multiple foreign policy fronts
PoliticsForeign Policy; Tsipras had a slightly different approach than his Foreign Minister when talks were taking place... Agreement. Logically, foreign policy in general is likely to become more static than in previous years
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Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
EconomyMacroeconomythan the 178.6 percent in April’s estimate, mostly thanks to the upward revision of GDP. Greece’s... is lower as a percentage of the economy but at 317.4 billion is nominally higher than the 315 billion
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Athens and lenders yet to agree on how to drop pension cuts without creating fiscal gap
EconomyMacroeconomyreaching 3.2 percent of GDP next year if the pension cuts are abandoned, rather than the 3.56..., raising the probability of the matter being settled at the Eurogroup in early December rather than next
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Part-time work and low earnings overlie crisis-pounded labour market
Societyto be unemployed than men, while youth unemployment remains rampant. The majority of new jobs being created are either part-time positions or flexible types of work rather than full-time employment
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