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IMF downgrades Greek GDP and unemployment forecasts
EconomyMacroeconomyyear on year compared to IMF’s estimate for a growth of 0.7 percent. The European Commission (EC... of Greece (BoG) has a slightly lower estimate of 2.5 percent, while the OECD foresees a much slower growth.... For 2018, the IMF expects GDP growth to accelerate to 2.7 percent, while its medium-term estimate
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Newsletter 122 - 09/06/2017
of 2.5 percent in projected for 2018, above its previous estimate of 1.9 percent. Lowering its... to return, large uncertainties remain. OECD estimates that GDP will rebound 1.1 percent in 2017... to pass on Friday a set of amendments relating to the remaining prior actions that need to be completed
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Amid exit speculation, growth strategy offers chance for coalition to show intentions
PoliticsGreek Politicsis to avoid returning to the model in place before 2008 and the second is to develop a holistic programme... the MoU rather than relying on a precautionary credit line. “There is no need to predict whether we
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Tsipras calls for more state intervention in energy sector as hopes for EU solution dwindle
PoliticsGreek Politicshighly volatile. The proposal excludes the so-called “Iberian model” of capping the price of gas used.... The government has been relying on several months of overperformance on the revenue front to part-fund
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The one question SYRIZA needs to answer
Agoraballot, falling short even of the most conservative estimate, based on the currently available... and this year, which means that it is capable of meeting basic obligations relating to public sector... that political normality will calm markets or, if not, go to the fallback position of relying on ECCL
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Newsletter 65 - 04/03/2016
of a primary surplus of 3.5 percent of GDP. In contrast, the EC and the government estimate a lower... percent contraction it foresaw in its flash estimate on February 12. The reported figures point... lower than the initial estimate incorporated in the third bailout programme of a recession of 2.3
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Final budget sees strong growth, fiscal overperformance in 2018
EconomyMacroeconomy. Athens now sees 2017 growth settling at 1.6 percent, well below the initial estimate. The Finance...). In fact, private consumption only grew by half the original estimate, 0.9 percent. Investment also reached just over half the estimate, increasing by 5.1 percent. The growth of exports did
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Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
EconomyMacroeconomyfor 2016. The MoF, Bank of Greece (BoG) and the EC estimate a mild GDP contraction of 0.3 percent, while OECD’s estimate stands a bit lower at 0.2 percent. In contrast, IMF sees a marginal GDP expansion of 0.1 percent. For the full year MoF and EC estimate of a GDP contraction of 0.3 percent to be met
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Newsletter 510 - 26/06/2026
of attempting to present himself as a model of integrity despite what he described as “serious cases... risk of 21.4%. The report argues that Greece cannot continue to rely on a model of “low‑cost....” This alternative model is built on three pillars: Productive Transformation: Shifting investment away
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Greece to recover at least 30 of 50 bln it borrowed to bail out banks, says HFSF chief
EconomyBankingestimate of 16 billion euros, which the Washington-based fund incorporated in its debt... favoured the deal. She dismissed criticism relating to the price of Eurobank’s last capital increase
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