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  1. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    in the compliance report of the first programme review its earlier estimate pointing to a modest GDP contraction... performance, GDP should improve by 0.3 percent in Q3 and by 0.1 percent in Q4 for the full-year estimate... Statistical Authority (ELSTAT) flash estimates showed on Friday. According to previous ELSTAT figures, Q1

    23%

  2. Athens responds to Erdogan's accusations as Mitsotakis readies UN address
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    Turkey -Libya memorandum, the Turkish leadership has made specific choices that do not leave any room.... They highlight recent claims about Athens using Russian-made S-300 missile systems in Crete to lock

    22%

  3. Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    As part of the second estimate for the national accounts and the regular cycle of base year... and the annual series base year to 2015, from 2010. The second estimate of the previous year usually... not miss the chance to lock horns over the latest data released by ELSAT. The Finance Ministry

    22%

  4. Newsletter 270 -23/10/2020

    Newsletters

    estimate for the national accounts and the regular cycle of base year revision that takes place every five... to 2015, from 2010. The second estimate of the previous year usually includes the use and update... purchase programme made up the mind of the Greek authorities to lock in the record low borrowing costs

    22%

  5. Greece agrees with troika, looks to tranche release and redistribution of surplus
    Photo by MacroPolis

    PoliticsGreek Politics

    apparently settled at 2.9 billion, which is well above the 2014 budget estimate of 812 million and even larger than Samara’s recent estimate that it would be “in excess of 1.5 billion”. The same source also

    22%

  6. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    primary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4... expected to be collected by March 2014. These revenues mainly relate to Bank of Greece estimated dividend

    21%

  7. Housing tops government plans for policy reset in autumn
    Image: MacroPolis

    PoliticsGreek Politics

    “Renovate-Rent” programme from September with the aim of assisting property owners with the upgrades... designed to offer incentives to the owners of some 600,000 properties estimated to by lying empty so

    21%

  8. Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
    Photo by Pavlos Svoronos/Fosphotos

    Economy

    by waving the minimum requirement of credit rating and, indirectly, Greece gained the benefits from... more critically, the medium-term growth estimates are in the region of 3.5 pct. This will be assisted

    20%

  9. Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach

    Economy

    of previous years’ arrears on the expenditure line. The ministry reiterated its latest estimate for a 2013 primary surplus at general government level at 812 million, with the 11-month state budget figure... of 400 million on the annual estimated revenues. MoF sources indicate that an omnibus bill

    20%

  10. Greek primary budget surplus doubles to 835 mln in Jan but below target

    Economy

    surplus will exceed 1.5 billion euros almost double compared to the initial government estimate of 812 million incorporated in the 2014 budget. MoF sources suggest that an agreement with the troika... report indicated that the identification of Greek banks capital needs – estimated at 15-20 billion

    20%