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  1. Newsletter 138

    Newsletters

    the government to hand out at least 1.1 billion euros. In contrast to previous Athens reportedly has 71... among the lenders about the dangers that PPC’s financial difficulties could pose to the Greek economy... figure declined by 1.1 percent. The headline figure for the month is the first negative reading

    31%
  2. Newsletter 269 -16/10/2020

    Newsletters

    and the Fiscal Monitor released as part of the IMF’s Annual Meetings. The Fund sees the Greek economy... of this year, the IMF anticipates the Greek economy contracting by 9.2 pct year-on-year. The Greek economy contracted by 15.2 pct year-on-year in the second quarter and is just short of 8 pct lower

    30%
  3. Eurogroup presidency hailed as pinnacle of recovery as OPEKEPE hearings descend into turmoil

    PoliticsGreek Politics

    of confidence in the country and an acknowledgement that its economy has returned to the European mainstream... by repeatedly allowing witnesses to stonewall the inquiry and insult elected officials. A move

    30%
  4. OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    In its latest Economic Outlook report published on Wednesday, the Organisation for Economic Co-operation and Development (OECD) notes that the Greek economy is starting to recover and its fiscal... to return but uncertainties remain. The OECD estimates that GDP will rebound by 1.1 percent in 2017

    30%
  5. Economic sentiment at 113.2 in Feb, strong improvement in services and retail
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    as an additional headline indicator on a par with the ESI. In February, the EEI for Greece came to 111.7 points...Greece’s economic sentiment (ESI) rose by 3.7 points in February to reach 113.2 points, European Commission (EC) figures showed on Thursday. The EC noted that the ESI figures have been historically

    29%
  6. Newsletter 252 -29/05/2020

    Newsletters

    billion euros, which will be attached to the 1.1 trillion euros multi-year fiscal framework... too slowly while the real economy suffered. The opposition plan is costed at 13.4 billion euros... Consumer confidence and construction show signs of stabilising Compared to May 2019, the ESI has

    28%
  7. Greek families shell out for education as state system falls short
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    financial transfers by 33 percent. But spending on cram schools fell by only 1.1 percent, and private... of step with the current realities of the Greek economy, arming students with degrees...’s constitution, education is free and state-funded. However, due to the sub-standard quality

    28%
  8. PM unveils 'Greece 2.0' plan to use EU recovery funds, transform economy
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    use of the European Union’s Recovery and Resilience Facility funds to remake the country’s economy... to transform the economy. The centrepiece of the plan is to leverage the RRF funds with private... 1.1 billion euros of the EU grants. Of the four pillars, the other pillar where the government aims

    28%
  9. Newsletter 202 -12/04/2019

    Newsletters

    outlook for economy Lender sees Greece on course to meet fiscal targets and reduce debt... sees the Greek economy growing by 2.4 percent in real terms this year, and marginally slowing down... accelerating in the coming years, rising by 1.1 percent this year and 1.4 percent in 2020, reaching 1.8

    27%
  10. Greek economy slips into recession as Q1 GDP contracts by 0.2 pct QoQ
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    by 1.1 percent YoY in Q1 after easing by 0.7 percent in the previous quarter. However, it advanced... by 26 percent. The government expects the economy to grow this year by more than the 0.8 percent

    26%