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  1. Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    is estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2 percent... from the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent

    4%

  2. Newsletter 209 -07/06/2019

    Newsletters

    also adopted a package of permanent fiscal measures which the European institutions estimate will have...) in the first quarter (Q1) of 2019 after a decline of -0.1 percent seen in Q4 2018, provisional estimates from... have an estimated impact of around 1 percent of GDP, or 1.8 billion euros, and is seen as being

    4%

  3. GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    in 2020, with a recovery estimate of 5.1 percent in 2021.... quarter (Q2) of 2020 after a revised decrease of 0.7 percent in Q1 2020, provisional estimates from...’s GDP, a contraction of 4.7 percent is expected in 2020 compared to an estimated 2 percent GDP

    4%

  4. Newsletter 329 - 25/02/2022

    Newsletters

    estimates, Greek nominal GDP will exceed 187 billion euros in 2022. Assuming this materialises and the institutions’ nominal growth estimate of 4 pct growth in 2023 proves accurate, the 2023 GDP is seen... and there is a clearer picture regarding the available fiscal space. It is estimated

    4%

  5. Finance Ministry costs new support package, but questions remain over electricity subsidies
    Photo via www.government.gov.gr

    Economy

    official revision of the growth estimate for this year. GDP is now seen rising by 5.3 pct, from 3.1 pct... roughly 20 pct below the 2010 levels. The Finance Ministry admitted that in the latest estimates the cost... euros for 2022. The actual fiscal cost of those interventions on the energy market are estimated

    4%

  6. Newsletter 392 - 08/09/2023

    Newsletters

    . According to an estimate from the National Observatory of Athens, 72,000 hectares of land has been... tourism that will boost the traditionally strong Q3, it is believed that the estimates of 2.3 pct... policies, which pushed up interest rates by more than 400 basis points, it is estimated that one more

    4%

  7. Newsletter 435 - 04/10/2024

    Newsletters

    once again to revise down its growth estimate for this year to 2.2 pct, when in the final 2024 budget... growing by 6.7 pct this year. Real GDP growth estimates also moderate further from 2027, when... years is due to receive some sizable military orders estimated at 4 billion euros for warships

    4%

  8. Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

    EconomyMacroeconomy

    the economy to grow by 0.6 percent this year. After today’s flash estimate and revisions, this means... the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9... the initial estimates of 19 million visitors in spite of the decline in visitors from Russia

    4%

  9. OECD sees recession in 2015-16, stresses need for reform implementation

    EconomyMacroeconomy

    its jobless estimate for 2016 was kept broadly unchanged at 24.8 percent. Greece will remain...In its latest economic forecasts published on Monday, OECD revised downward its GDP estimates... previous estimates in early June, the OECD projected a growth of 0.1 and 2.3 percent respectively. The OECD

    4%

  10. S&P highlights risks for Greek banking sector

    Economy

    2017. The rating agency reiterates its estimate for zero GDP growth in 2016 and strong rebound of 3... during the crisis weigh on Greek banks’ financial profiles. The rating agency estimates banks’ non... by the end of 2017. S&P estimates that credit losses will continue to exceed pre-provision income

    4%