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  1. IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    deficit of 1.9 pct in 2022, with surpluses increasing from 1.1 pct of GDP in 2023 to 2 pct of GDP in 2027... under the current commitments expect Greece to return to a 2.2 pct of GDP surplus by 2024 and maintain

    6%
  2. Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    , and the headline deficit to 4.4 pct. Greece is seen returning to a primary surplus next year to 1.1 pct of GDP and then close to the agreed levels with the lenders of a surplus in the region of 2.2 pct, rising

    6%
  3. Industrial production rises by 7.9 pct in Mar, driven by electricity supply

    EconomyMacroeconomy

    was down by 1.1 percent MoM, mining and quarrying dropped by 2.6 percent and water supply down... confidence fell by 6.1 points to 3.6. Since May last year, industry confidence is down by 2.2 points

    6%
  4. Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
    Photo by EC - Audiovisual Service

    EconomyProgramme

    to return to primary surplus of 1.1 pct in 2023 and continue the efforts to reduce the debt load... to deliver a primary surplus of 2.6 pct in the 2023-2060 period, above the 2.2 pct previously assumed

    6%
  5. Economic sentiment improves to 108 in May, consumer confidence also recovers by 4 pts
    Photo by MacroPolis

    EconomyMacroeconomy

    the pandemic. Retail trade increased by 1.1 points to 2.2, staying off the recent high in December

    6%
  6. Retail sales up by 20.2 pct YoY in Mar, effects of inflation emerge in volume data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , but this trend started reversing last May when it stood at -21.9 points. Retail trade sentiment increased by 1.1 points to 2.2, staying off the recent high in December. The sector sentiment is down by 0.3 points

    6%
  7. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    , with the deficit seen at 1.8 pct next year, which corresponds to a primary surplus of 1.1 pct, which..., the Commission forecasts a primary surplus of 2.2 pct, leading to a total deficit of just 0.8 pct of GDP

    6%
  8. Industrial production drops for fourth straight month in Dec, up by 2.3 pct in 2022
    Photo via https://flic.kr/p/2iUFUMF

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) remained on negative ground in December, falling by 1.4 percent year-on-year (YoY), after a decline of 1.1 percent in November, according to Hellenic... increasing by 0.8 percent, partially offset by drops of 2.2 percent in electricity supply. According

    6%
  9. Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 10.6 percent YoY and also by 2.2 percent QoQ. Over the full year 2022, real GDP is up 5.9... to 1.1 pct in 2023. The OECD sees HICP at 9.5 pct this year and 3.7 pct in 2023.

    6%
  10. Industrial production contracts again in July, as electricity supply drives 1.9 pct drop
    Photo via https://flic.kr/p/bwZLC3

    EconomyMacroeconomy

    . Month-on-month (MoM), the seasonally adjusted index in July recorded a rise of 2.2 percent, after a contraction of 1.1 percent in the previous month. The annual movement in the index was led

    6%