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EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in
EconomyMacroeconomyyear’s recovery have been trimmed by 1 percentage point, to 5 pct. Growth for 2022 is seen at 3.5 pct
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Newsletter 272 -06/11/2020
been trimmed by 1 percentage point, to 5 pct. Growth for 2022 is seen at 3.5 pct. The Commission notes
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Hoping to deflect criticism, ND bolsters stimulus package ahead of new lockdown
PoliticsGreek PoliticsThe government is adding an extra 1 billion euros to the amount it plans to spend on the latest stimulus package, which it hopes will cushion some of the economic impact of the new national lockdown that is due to be implemented from this Saturday. Shortly after Prime Minister Kyriakos Mitsotakis
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Budget primary shows deficit of 9.06 bln in October
EconomyMacroeconomyguarantees of 1 billion euros due to the pandemic and increased interest payments by 181 million euros
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New tax debt at 3.90 bln to September, up by 695 mln month-on-month
EconomyMacroeconomymillion due. The aggregate collectability rate came to 74.4 percent with 1 billion paid out of 1.35
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Lenders acknowledge reforms, flag up tricky fiscal path ahead
EconomyProgrammeregime that will be effective from January 1 and in the view of the Commission “is expected
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Budget primary confirmed at deficit of 9.07 bln in October
EconomyMacroeconomyto the pandemic which came to 1 billion euros. State budget expenditures for the aggregate period were higher than
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Economic sentiment dips to 91 in November as consumer confidence continues to slide
EconomyMacroeconomy, the service confidence indicator has worsened substantially by 46.6 points. Retail trade improved by 1 point
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Retail turnover and volume both drop by 3.5 pct in September
EconomyMacroeconomyconfidence has dropped by 41.5 points. Retail trade improved by 1 point month-on-month to -14.3 points
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Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomypct in 2022. After that, they return to the IMF’s long-term real GDP growth estimate of 1 pct
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