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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammethat the European institutions estimate the 2016 fiscal gap slightly higher at 0.9 percent of GDP... from the compulsory insurance in the new unified pension system. Tsipras did not rule out during his... the quadriga heads to return in the first ten days of March. He also confirmed that the estimates of the three
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Newsletter 134
that of individuals, which is seen totalling 20.37 billion in 2017 from an MTFS estimate of 21.52... net after the completion of the bailout. As disbursements during all Greek programmes have been tied... Committee the 2018 draft budget, which contains its fiscal estimates as well as the underlying macro
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Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
EconomyMacroeconomyby 1.6 pct, another ambitious estimate of investments of 14.4 pct, exports up by 4.9 pct and imports... that the forecast was ambitious as most of their estimates ranged between 2 and 2.5 pct. Most
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Clearer picture emerging ahead of stress tests, banks appear confident
EconomyBankingbankers estimate that by the time the stress tests, which were brought forward to satisfy... their loan portfolios reviewed. During the TAR process, the Single Supervisory Mechanism (SSM) focuses... realised. According to local media, Greek banks estimate the IFRS 9 standard to result
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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economyreal growth slowing down to 1.2 percent by 2027, compared to the European Commission’s estimate range of 0.6 - 2 percent, and the IMF’s estimate of 0.9 percent. Fitch welcomes the developments... by a leading agency is on April 24 by S&P, followed by Moody’s on May 8. It was widely reported during
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Newsletter 404 - 01/12/2023
the Labour leader Keir Starmer, and it was during this meeting that he was apparently informed... in 2024. The OECD, though, places this number closer to a third of the Finance Ministry’s estimate... that the central bank sees next year’s growth at 2.5 pct, from 3 pct in the previous official estimate in June
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Newsletter 426 - 07/06/2024
. The economy this year will need to exceed this performance to secure the annual estimate. There is also a very ambitious estimate of investment growth in the Stability Programme that sees it rising by 9.1... the strongest during the high tourism season. However, it is an unwelcome development
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Revision of GDP to have varied knock-on effect
EconomyMacroeconomyThe Hellenic Statistical Authority (ELSTAT) released this week the second estimate for 2023 GDP.... ELSTAT revised up the growth outcome for last year, from 2 pct in the March first estimate to 2.3 pct..., during last year private consumption was up by 1.8 pct and gross fixed capital formation grew by 6.6 pct
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Newsletter 480 - 17/10/2025
in Livadia during a visit by the rural affairs minister. Farmers’ groups are threatening a prolonged... published its second estimate for Greece’s annual GDP in 2024, including revisions for 2023 and 2022... in the previous March estimate. Growth for 2023 was confirmed at 2.1 percent, while the economy expanded
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PM prepares to defend inflation fight against backdrop of political gridlock
PoliticsGreek Politicsparties will not have enough seats to realistically form an alternative government. During a visit.... In the Opinion Poll survey, ND registers 30.2 pct in the vote estimate, a marginal increase of just 0.1... in the Opinion Poll estimate and 9.8 in RealPolls. This rise comes as Zoe Konstantopoulou’s Course of Freedom
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