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  1. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    in the compliance report of the first programme review its earlier estimate pointing to a modest GDP contraction... performance, GDP should improve by 0.3 percent in Q3 and by 0.1 percent in Q4 for the full-year estimate... Statistical Authority (ELSTAT) flash estimates showed on Friday. According to previous ELSTAT figures, Q1

    44%

  2. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
    Photo by MacroPolis

    Economy

    in 2020, the OECD has its estimate at 2 percent and the IMF expects 2.2 percent growth. The council... by half a percentage, from 2.3 percent in the previous official Greek estimate in the Stability Programme to 2.8 percent. At the same time, the estimate for this year’s growth is revised down to 2

    44%

  3. Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
    Photo by MacroPolis

    Economy

    revenue targets included revenues of 884 million euros from the first two instalments of the new... will be missed accordingly. For the remainder of the year, the payment of ENFIA with estimated revenues of 2.65

    40%

  4. GDP revision for 2017 points to slight improvement from initial estimates
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Statistical Authority (ELSTAT) issued on Wednesday the second estimate of the national... of the European System of National and Regional Accounts ESA 2010. The first estimate for 2017 was published... year-on-year, from a first estimate of 1.4 percent growth that was announced in March. Final

    40%

  5. Consumer prices drop further by 2.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates... in: transport (-3.1 percent), education (-3.1 percent) and household equipment (-2.2 percent). Prices

    39%

  6. CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
    Photo by MacroPolis

    EconomyMacroeconomy

    The rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI.... The breakdown of the 2.2 percent YoY CPI fall showed the highest change was posted by housing (-7.4 percent

    39%

  7. Industrial production rises at slightly faster pace of 2.2 pct in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) increased by 2.2 percent in December after a downward revised growth of 2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed... IPI rebounded 2.2 percent from the previous month, after contracting by 1 percent in November

    39%

  8. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    card debt to the value of 2.2 billion euros, or 385 million in on-balance sheet gross book value... than the previous target by 2.2 billion. The targeted reduction in NPLs is stated as 47 percent

    39%

  9. OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence

    EconomyMacroeconomy

    growing by 2.2 percent in 2019 from a previous forecast of 2.1 percent for 2018. The Greek Finance... 3.5 percent of GDP until 2022 and 2.2 percent of GDP on average afterwards. Looking ahead, GDP growth

    39%

  10. EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    The European Commission (EC) issued on Tuesday its regular spring forecasts for 2019, which showed that it is now expecting the country to grow by 2.2 percent this year compared to an estimation of 2... is external risks. While growth is anticipated to reach 2.2 percent this year and in 2020, a negative

    39%