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  1. GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY

    EconomyMacroeconomy

    percent QoQ. Over the nine months of 2023, the Greek economy has grown annually by 2.2 percent. Outlook... the economy to grow by 2.2 pct this year and by 2.2 pct in 2024. The European Commission in its autumn

    5%

  2. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    and services were up by 2.2 percent. Compared to Q2 2023, all components recovered. Final consumption... that was published in June, Bank of Greece (BoG) sees 2024 growth at 2.2 percent, a slight revision... Commission in its spring forecasts sees the Greek economy growing by 2.2 percent in 2024. In its

    5%

  3. GDP growth slows to 0.3 pct QoQ, investments underwhelm
    Photo by Panayiotos Tzamaros

    EconomyMacroeconomy

    was revised slightly down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability report that was published in October, Bank of Greece (BoG) sees 2024 growth at 2.2 percent, and 2.5 pct... outlook in December, the OECD places Greek growth at 2.3 percent for this year and 2.2 pct in 2025.

    5%

  4. Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    slowed at 2.2 percent year-on-year (YoY), from a 2.5 percent YoY rise in Q1 last year. The 2.2 percent... increased by 2.2 percent year-on-year, while imports were up by 2.4 percent. Goods exports increased

    5%

  5. Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
    Photo by MacroPolis

    EconomyMacroeconomy

    . The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct... seen to grow by 5.7 pct this year and exports growth is seen at 2.2 pct. Investments were... for this year of 247.51 billion. Consumer prices next year are seen rising by 2.2 pct, slowing from 2.6 pct

    5%

  6. A closer look at Greece's 2013 budget primary surplus of 603 mln

    EconomyMacroeconomy

    down 2.1 percent to 3.1 billion, 204 million above target. Direct taxes rose 3.2 percent.... That said, direct taxes came in 181 million above target primarily due to outperformance by property taxes

    4%

  7. Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
    Photo by MacroPolis

    Economy

    and Tourism Council (WTTC) 2014 report, with Greece’s travel and tourism’s direct contribution.... In terms of how much travel and tourism direct contributes to employment in Greece, this stands at 8.9

    4%

  8. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    direct investment in Greece showed a net outflow of 60 million in April following a net inflow of 233 million posted in March. As a result, the direct investment in the 4-month period was reduced

    4%

  9. As imports rise, Greek C/A balance flips back to deficit in May

    EconomyMacroeconomy

    transfer receipts, despite a worsening performance in May Non-resident’s direct investment in Greece... increase of Eurobank. The year to date direct investment increased accordingly to 881 million to May from

    4%

  10. Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
    Photo by MacroPolis

    Economy

    plan proceeds and direct tax arrears were the key revenue categories posting an underperformance. Direct taxes soared 37.4 percent in June, leading the 6-month figure up 9.3 percent to 8.58 billion, 451

    4%