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  1. PM inspects flood damage hoping to rescue stricken government
    Photo by Panayiotos Tzamaros

    PoliticsGreek Politics

    and boosting staff numbers in the fire service and civil protection authority. Apart from striking... falling apart. However, there is now a sense that the new SYRIZA chief could be viewed as a potential... to protect it from future natural disasters. It is estimated that more than 72,000 hectares of land

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  2. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    released a first estimate of the overall GDP figure for 2018, showing that it grew by 1.9 percent...’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... by 7.5 percent, meaning that the initial figures for 2018 have beaten this estimate. Imports of goods

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  3. Newsletter 292 - 09/04/2021

    Newsletters

    of next year. This year’s estimate is marginally lower than the one forecast in the previous WEO... anticipated GDP to shrink by 9.5 pct in 2020, before ELSTAT’s first estimate for a 8.2 pct GDP... and a recovery from next year up to 2026 at -3.5 pct. This year’s estimate is a deterioration from October’s

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  4. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    the quarter. ELSTAT also released a first estimate of the overall GDP figure for 2017, showing that it grew... the Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. This was driven largely by a 15.7... in November 2017. For 2018, the MoF revised upwards the growth estimate to 2.5 percent from 2.4 percent

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  5. PM scrambles to rein in political fallout as deadly crash threatens to upend election contest

    PoliticsGreek Politics

    of the incident, claiming that, “unfortunately everything points towards the cause being tragic human error... a bigger challenge. For one, the scale of the human impact makes it harder for the general public... treated. It is also notable that while the media has homed in on the “human error” factor

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  6. Macroeconomic fundamentals for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    ). This is the estimate we use for Greece’s Natural Rate of Unemployment, reflecting reforms that were made during..., which will be growing. We estimate for now an underlying structural interest bill of 4 percent... as the proportion of market-placed debt grows. Finally, we can estimate that Greece needs a structural primary

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  7. IMF revises growth forecasts downwards, emphasising gap with other lenders
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    slightly to 1.8 percent next year. The estimate for this year is a substantial revision from the WEO estimate in October, when the Fund expected Greece to grow by 2.6 percent in 2018. Also, the estimate for 2017 was for 1.8 percent growth, now revised down to 1.4 percent, in line with ELSTAT’s

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  8. IMF still sees fiscal gap in 2018 - no action needed, for now
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    decade, when the Greek growth estimate eases to 1 percent in 2022. This year’s GDP will be boosted... the deflation years behind, with the inflation estimate at 1.2 percent this year and 1.3 percent in 2018... forecast for 2017 which has been revised downward from the 2.1 percent July estimate. On the fiscal

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  9. Energy drives closer cooperation between Greece, Cyprus and Egypt
    Photo via @PrimeministerGr

    PoliticsForeign Policy

    process on the Syrian crisis, while also expressing “serious concerns over the situation in Libya.” The instability in Libya and the presence of jihadists there was highlight by the Egyptian president

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  10. In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    a maritime agreement with Libya that infringes on Greece’s sovereign rights. Some commentators... with Libya is “null and void” because it ignores the exclusive economic zones of Greece’s islands, which he

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