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

    EconomyMacroeconomy

    substantially from a previous 1 percent to 2.5 percent. However, the Fund revise downward its GDP growth

    7%

  2. In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    on the other hand, will stay broadly unchanged at 48.1 percent of GDP in 2018 and drop by 1 percentage point

    7%

  3. Building permits rise by 9.8 pct in July, up by 8.4 pct in 7-month period

    EconomyMacroeconomy

    Q4 2008. For 2017 as a whole, the decline in property prices came to an average drop of 1 percent

    7%

  4. Pensions spending stable but early retirees burden system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (15.2 percent). Around 1 percent of pensioners are aged 25 or under, and receiving pensions due

    7%

  5. Athens and lenders yet to agree on how to drop pension cuts without creating fiscal gap
    Photo via http://www.delphiforum.gr/

    EconomyMacroeconomy

    was the equivalent of 1 percent of GDP, or 1.8 billion euros. Athens expects that it will beat its

    7%

  6. As budget talks drag on, parties focus on inflicting damage via graft claims

    PoliticsGreek Politics

    that there is not enough fiscal space to scrap the 1 percent of GDP in pension cuts, adopt almost 800 million

    7%

  7. IMF distances itself from budget talks, leaving Athens and EU to hammer out deal

    EconomyProgramme

    as of January 1. The government is also in the process of drafting legislation to hand over backpay

    7%

  8. Newsletter 181 -2/11/2018

    Newsletters

    for the contributions to be reduced by a third. They will fall from 20 percent to 13.3 percent as of January 1

    7%

  9. Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    they expect in 2019 if the 1 percent of GDP in pension cuts does not go ahead. It has been suggested

    7%

  10. General govt primary cash surplus at 5.21 bln in September, arrears fall by 411 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 6.28 billion euros. Bank of Greece lending was unchanged and came to 2.38 billion euros, or under 1

    7%