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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyin 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
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomya positive impact on general government fiscal figures of 852 million (0.47 percent of GDP) in 2013... estimates in the draft budget. Harmonised Consumer Price Index (HCPI) is expected to remain in negative... billion euros (3 percent of GDP), in line with the EAP target and above the 2.9 percent estimated
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GDP revision for 2017 points to slight improvement from initial estimates
EconomyMacroeconomyGreece’s Statistical Authority (ELSTAT) issued on Wednesday the second estimate of the national... of the European System of National and Regional Accounts ESA 2010. The first estimate for 2017 was published... year-on-year, from a first estimate of 1.4 percent growth that was announced in March. Final
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In Spain, the best generation is in danger of becoming the lost generation
Agorain a bustling bar in Madrid’s bohemian neighbourhood of Malasaña, Laura and her friend Sara talk about... you to the door,” complained Sara, who finished a degree in advertising almost two years ago... had already sent their resumes in a week, Sara decided to work as an au-pair in a little town near
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OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
EconomyMacroeconomyThe OECD released on Monday its latest Economic Outlook, in which it significantly revised its growth estimate for Greece for this year to 3.8 pct, from 0.9 pct in the previous forecast last December. At the time, the OECD had pointed out that the recovery could be stronger if the support package
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European Commission leaves 2024 growth estimate of 2.3 pct unchanged
EconomyMacroeconomyThe European Commission left Greece’s growth estimate for 2024 unchanged in the latest winter forecast published on Thursday, expecting the Greek economy to grow by 2.3 pct. The forecast remains slightly more moderate than the 2.9 pct growth the Finance Ministry expects, on which it has based
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Cabinet reshuffle expected to presage coalition's revival effort
PoliticsGreek PoliticsMinistry revised its estimate for when all the unpaid pensions would be settled. The new date given... to hang on that long due to the souring of the public’s mood following the Mati disaster. “Until
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Greece and Albania seek to leave Beleri case behind in 2024 after year of turmoil
PoliticsForeign Policyup his duties.” Albanian Foreign Minister Igli Hasani admitted last week that “there are negotiations, ideas, and commitments from both sides to find a solution.” Hasani denied that Tirana and Athens
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Newsletter 160 -04/05/2018
the country to grow by 1.9 percent this year, down from 2.5 percent previously. The estimate for next year... this year and 0.9 percent in 2019. The estimate for 2018 is less than half the previous 1.2 percent growth... estimate of 2.3 percent for this year and 2.6 percent for next year, although this may be revised
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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
PoliticsForeign Policyand the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya
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