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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economyon a 2.2 pct of GDP primary surplus in 2024. The debt-to-GDP ratio is estimated on a sliding path.... This is underpinned by an estimate of average growth up to 2025 of 3 pct. The stable outlook reflects
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Trump's tariffs create gloomy economic environment for vulnerable Greece
EconomyMacroeconomyagricultural and food products were close to 31 pct. In an estimate last month, Bank of Greece had assumed 10... exports had a difficult time in recent years, as total exports continued to decline, falling by 2.2 pct..., with the US being the second largest market with a 5.4 billion euros share. It is estimated
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Newsletter 467 - 20/06/2025
CPI at 2.5 pct and Eurostat’s HICP was at 3.3 pct, when the EU relevant index was at 2.2 pct and 1.9... for adverse developments to materialize and the 2.3 pct growth estimate of the Greek authorities appears.... Last year, more than 620,000 tourists from Israel visited Greece with estimated receipts of almost
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Conflict in Middle East puts fresh pressure on economy
EconomyMacroeconomypct, when the EU relevant index was at 2.2 pct and 1.9 pct for the euro area. Due to structural... and the 2.3 pct growth estimate of the Greek authorities appears to be getting out of reach.... Israel visited Greece with estimated receipts of almost 420 million euros via 3.9 million overnight
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GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY
EconomyMacroeconomyprices increased by 2.1 percent from a rise of 2.2 percent in Q4, staying positive for nine... by 2.2 percent. Compared to Q1 2018, exports of goods decreased by 0.7 percent, and exports of services... meanwhile anticipates growth of 2.4 percent this year, followed by 2.2 percent in 2020 and 1.6 percent
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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomyto the same quarter in the previous year, GDP at current prices increased by 2.2 percent from a downward revised rise of 2.2 percent in Q1, remaining positive for ten consecutive quarters... percent this year, followed by 2.2 percent in 2020 and 1.6 percent in 2021. The European Commission’s
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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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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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Apartment prices fall at slower rate of 7 pct in Q3
EconomyMacroeconomy2014 from a revised 7.7 percent in Q2, according to the Bank of Greece (BoG). Nevertheless, the Q2... to shrinking transactions and lower apartment prices. The official estimates for residential house prices, incorporated in ECB comprehensive assessment for Greece, point to a further drop by 7.7 percent
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Newsletter 126 - 07/07/2017
Athens secures tranche payment Disbursement of 7.7 bln green lighted to meet hefty payments in July... bailout tranche of 7.7 billion euros following an anxious few days for the government. A meeting..., while the Finance Ministry and the European Commission’s estimates are higher at 22.8 percent.
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