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IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
EconomyMacroeconomyupped its primary surplus estimate for 2016 to 3.3 percent of GDP, from 0.1 percent in its previous... Fiscal Monitor, which provided its updated fiscal estimates. Unlike the downward revision of its..., the Fund estimates a lower primary surplus of 1.5 percent of GDP from 2019 onwards. This means that IMF
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyyet, in the Stability Programme that will be sent to Brussels later in the month, the Finance Ministry...The IMF spring meetings produced some good news for Greece via the World Economic Outlook and Fiscal Monitor. The IMF revised upwards its growth estimates for 2023, which is now seen higher at 2.6
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Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
EconomyMacroeconomycoalition government has not yet disclosed its macro assumptions for this year. The Commission has... a downward revision by 1 percentage point since its previous estimate last November and reflects domestic..., according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Friday
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Newsletter 52 - 20/11/2015
a considerable reform task ahead of it. The coalition has not yet tackled tricky issues like... to tighten passport checks at the external borders of the 26-member Schengen area. The Dutch... travel for EU citizens into this condensed area, it would also prevent refugees making their way
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SYRIZA puts spotlight on wildfire impact to stress govt faults
PoliticsGreek Politicsthat Mitsotakis has not visited the area yet, even though he would risk receiving an unfriendly reception... for the area’s regeneration but neglecting the immediate needs of citizens. He claimed that some of the compensation due to residents and businesses affected by this summer’s fires has not been paid out yet
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Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomyprevious estimate for a GDP contraction of 0.7 percent expected in early February. In specific, EC... 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday. The headline... is the highest negative reading since Q4 2014. ELSTAT said flash estimates are expected to be revised upon
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Newsletter 96 - 18/11/2016
Ticking the boxes for Athens Impact of Obama’s visit on decision-making process has yet... in the first nine months of the year. The Finance Ministry and European Commission estimate... Statistical Authority (ELSTAT), in flash estimates released on Monday. In addition, Q3 GDP grew by 1.5
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Deadly collision throws spotlight on government’s migration policy
PoliticsGreek Politicsthe crossing from Libya, and for which the Greek Ombudsman recommended disciplinary charges against... insufficient compared to the needs of industry which estimates a requirement of closer to 200,000... those living and working legally in Greece, including an estimated 155,000 migrants on long-term
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Poor prospects for new version of Greek-Turkish 'earthquake diplomacy'
PoliticsForeign Policya similar telephone conversation with Erdogan in January, when yet another quake hit Turkey, as well..., Turkey issued on Saturday yet another navigational warning (Navtex) extending the presence of the Oruc... the new Navtex, stressing that “this action creates further tension in a vulnerable area in which
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