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Newsletter 339 - 27/05/2022
significantly overperform.
13% -
Govt unveils affordable housing scheme, but struggles to shunt wiretapping aside
PoliticsGreek Politicseuros of EU funding to renovate properties that are currently lying empty so they can be rented
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PM lines up talks with farmers, faces questions over housing crisis
PoliticsGreek Politicsof not maximising the use of RRF funds to renovate properties and make them available to the market
11% -
Finance Ministry seeks solutions to address growing housing problem
Economyprogrammes, such as “My Home 1”, “My Home 2”, “Renovate - Rent”, the return of one month's rent every
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In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
Economyprevious estimate that economic activity will start picking up from the second half of this year.... However, EC updated its estimates on the GDP components and is now expecting private consumption to drop... estimates involve persistence of the strong revenue collection as well as revenue administration
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IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
EconomyMacroeconomyupped its primary surplus estimate for 2016 to 3.3 percent of GDP, from 0.1 percent in its previous... Fiscal Monitor, which provided its updated fiscal estimates. Unlike the downward revision of its..., the Fund estimates a lower primary surplus of 1.5 percent of GDP from 2019 onwards. This means that IMF
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
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Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomyprevious estimate for a GDP contraction of 0.7 percent expected in early February. In specific, EC... 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday. The headline... is the highest negative reading since Q4 2014. ELSTAT said flash estimates are expected to be revised upon
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Revised GDP data shows recession for 2016, higher growth in 2014
EconomyMacroeconomyAccording to the Hellenic Statistical Authority’s (ELSTAT) second estimate for the 2016 Annual... an initial estimate of 0.1 percent growth. ELSTAT also revised the national accounts for the years... compared to an initial growth estimate of 0.6 percent. Expenditure of households dropped by 0.1 percent
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyof the flash estimate. All key GDP components fell QoQ. The most significant drops were seen... 2015, the Hellenic Statistical Authority (ELSTAT) provisional estimates showed on Monday. The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released
10%