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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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Newsletter 49 - 30/10/2015
. The government recently proposed modifications: kindergartens and nursery schools would be exempt... into an estimated recession of at least 1.3 percent of GDP for the year. Tsipras’s own failings have... to beat to the punch start hitting home. It is estimated that the changes to VAT rates, which were
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Draft bill sees millions in savings and revenues from variety of bailout interventions
EconomyProgrammeby the imposition of a VAT rate of 23 percent on tuition fees for private schools (excluding kindergartens), which... estimates revenues of 15.4 million euros in 2015 and 56.3 million in 2016 from fines on vehicle
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First visit by quadriga to Athens leaves series of issues unresolved
EconomyProgrammefor kindergartens and nursery schools, 6 percent for private tuition schools, music and dance academies and 13... forecasts, with the quadriga aligning its estimates with the Greek government’s, which points to a milder
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Newsletter 197 -8/03/2019
the Hellenic Statistical Authority (ELSTAT) showed. The first estimate of the overall GDP figure... euros) and fell short of the Ministry of Finance’s (MoF) final budget estimate of 2.1 percent for 2018... compliant when it comes to austerity measures. This concern perhaps explains the comments made
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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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Newsletter 338 - 20/05/2022
job roles are waiters, kitchen staff, cleaning staff and receptionists. These positions make up 60... of growth estimates by the Greek authorities in the latest Stability Report, which was submitted
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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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Newsletter 495 - 20/02/2026
to explore for gas south of Crete was “unlawful”, arguing that it violates the 2019 Turkey–Libya maritime memorandum and Libya’s declared maritime claims. Greece considers those claims null and void..., suggesting a stronger finish is required in Q4 to reach that estimate. In any case, the market broadly
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