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  1. IMF ups 2021 growth forecast to 6.5 pct, but keeps modest outlook for longer term
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    down the forecast in Spring to 3.8 pct growth. Last October’s estimate also had Greek GDP dropping by 9.5 pct in 2020, before settling at 8.2 pct contraction. According to the latest estimate, Greece.... Overall, the IMF is now in line with the estimates of the Greek authorities, as captured in the draft

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  2. Newsletter 316 - 12/11/2021

    Newsletters

    growing by 7.1 pct this year, compared to an estimate of 4.3 pct in the summer and the 6.1 pct growth estimate that the Finance Ministry included in the draft budget submitted about a month ago... growth above the Finance Ministry estimates in the draft budget of 4.5 pct, seen at 5.2 pct in 2022

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  3. Newsletter 372 - 03/03/2023

    Newsletters

    latest research in which Greece’s growth estimate for this year is significantly revised from the 1 pct... outlook for 2024, with the estimate doubling to 4.2 pct, from 2.2 pct in January. The improved growth..., is managing to hold its ground and could grow beyond initial estimates. At the end of 2022, when

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  4. Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ

    EconomyMacroeconomy

    , from 1.8 pct in the 2023 final budget at the end of 2022. The most recent inflation estimate for HICP... economy to grow by 2.4 pct in 2023, from 1.2 seen in the previous estimate in February. In its... by 1.5 percent QoQ. Outlook According to the latest Finance Ministry estimates included

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  5. Newsletter 396 - 06/10/2023

    Newsletters

    on next year’s primary surplus estimate, which nearly doubles to 2.1 pct of GDP, some 5.05 billion.... Private consumption will continue to grow by 1.6 pct, though slower from the 2.5 pct estimate of 2023... authorities is certainly more bullish than some of the estimates of international organisations

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  6. Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    As part of the second estimate for the national accounts and the regular cycle of base year... and the annual series base year to 2015, from 2010. The second estimate of the previous year usually... estimated this year’s recession at 8.2 pct, this was already by some margin more bullish than

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  7. Finance Ministry ups 2017 budget primary surplus estimates on higher revenue projections
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the prior actions multi-bill, has updated state budget estimates for 2017. The budget primary... government bodies, which are now estimated at 193 million euros from a previous figure of zero

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  8. Q1 GDP contracts 1.1 pct as Greece eyes growth in 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2013, which was slightly milder than the initial official recession estimate of 4.2 percent... Commission and the IMF estimate GDP will rebound by 0.6 percent in 2014. Projections made by the Bank... (Q1) of 2014 from -2.3 percent in Q4 2013, according to flash estimates published by the Hellenic

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  9. Greek economic contraction during crisis higher at 24.6 pct, revised data shows
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    the previous estimate. However, the impact of recession during the period 2008-13 is now much deeper... the previous estimate) mainly stems from: a) A positive impact of 2.89 billion euros from methodological... with up to 1 percentage point revision from previous estimates

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  10. Newsletter 45 - 02/10/2015

    Newsletters

    a lower recession for this year at around 1.5 percent vis-à-vis the institutions’ official estimate of 2.3 percent. It may also forecast a milder recession for 2016, compared to the current estimate... than 15 November”. Although current estimates point to a lower level of official sector

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