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  1. GDP up by 2.3 pct year-on-year in Q1 on strong export growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    estimate for imports in 2018 stands at an increase of 3.8 percent. 2018 outlook The first quarter... by 1.9 percent, from 2.5 percent previously. The estimate for next year was also downward revised..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday. The headline figure

    11%
  2. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    published in July stands by its revised estimate for 2018 growth from 2.6 percent previously to 2 percent... by 1.9 percent, from 2.5 percent previously. The estimate for next year was also downward revised..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday. The headline figure

    11%
  3. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
    Photo by MacroPolis

    EconomyProgramme

    for the scheme. In contrast, the MoF has not altered its initial estimate of a 900-million-euro fiscal... budget will incorporate an estimate for a primary surplus of 1.8 percent of GDP, slightly lower than... and it appears the troika estimates it would further increase in the last two months of the year

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  4. Debt relief, MTFS and return to bond markets on agenda after technical agreement
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyProgramme

    the programme target of 1.75 percent and higher than the 2017 budget estimate of 2 percent. Moreover... forecasts on May 11, which are expected to be downgraded from its previous estimate of 2.7 percent... sustain such large surpluses over an extended period of time” adding that it estimates a primary

    11%
  5. IMF raises growth forecast for 2019, lowers sharply medium-term expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    growth is seen accelerating further in the last quarter of next year, with the estimate revised... by 1.8 percent, up from the April forecast of 1.7 percent. The current account deficit estimate... projections for Greece. The Fund keeps its growth estimates steady for this year, seeing real GDP

    11%
  6. Newsletter 260 -31/07/2020

    Newsletters

    unchanged from its 8.1 pct estimate in April. Though uncertain, the recovery estimate remains the same... sliding to 5.1 pct and 3.4 pct of GDP over the next two years. Fiscal estimates have factored... for the award is much less than the 3.9 billion euros estimated originally. The government has made the savings

    11%
  7. Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    pct in 2022. After that, they return to the IMF’s long-term real GDP growth estimate of 1 pct... the 8 pct on average in the previous estimate. Stressing the baseline assumptions, a lower primary... and privatisation proceeds are estimated at 2.7 billion euros over the next 10 years, both estimates broadly

    11%
  8. Newsletter 344 - 01/07/2022

    Newsletters

    pct in 2022. Recently the OECD also revised down its estimate for this year to 2.8 pct, while... placed its estimate at 3.1 pct. Eurostat announced today Friday the HICP for June, with the latest... revised down as uncertainty hits. Official estimates were updated this week with the latest Bank

    11%
  9. IMF aligns Greek projections with EU, revises down GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    recession estimate of 2.3 percent to be met, GDP needs to contract by more than 5 percent in the second... environment, the Fund stressed. The IMF also lowered its long-term GDP estimate for Greece now calling... downward its GDP estimates, aligning them with those the European Commission (EC) released in mid

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  10. Newsletter 346 - 15/07/2022

    Newsletters

    outlook for Greece in the latest summer forecasts, but the latest estimates also reflect the tight grip inflation has on the Greek economy. According to the latest estimate, the Greek economy will grow by 4 pct this year, up from the previous estimate of 3.5 pct in the spring forecasts at the end of May

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