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EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
EconomyMacroeconomyadjustments for the Greek growth outlook from the previous estimate in May. The Commission for 2024 sees growth at 2.1 percent, marginally accelerating to 2.3 percent in 2025 and at 2.2 percent in 2026. In May, growth for this year was seen at 2.2 percent and 2.3 percent for 2025. Inflation in Greece
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Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016
EconomyMacroeconomyin the apartment prices index follows a decelerating trend with the 2016 rate of -2.2 percent being... percent in the last ten years. The latest official estimates, which were included in the baseline
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OECD sees stable growth of 2.2 pct next year and persistent structural challenges
EconomyMacroeconomyby 2.3 pct this year, 2.2 pct in 2025, and 2.5 pct in 2026, driven by rising disposable incomes...The OECD published on Wednesday the latest economic outlook with the growth estimates for Greece broadly in line with other international organisations and the Finance Ministry’s forecasts
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Industrial Production Index in negative territory for the year, at -2.2 pct in April
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT... month on month at 21 points. In addition, 31 percent of the surveyed firms estimated a rise
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyin 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
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economyin 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
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Public deficit and democratic duty
Agoragoing to make wrong decisions,” Korean economist Ha-Joon Chang recently said in an interview... looked at the numbers. It is here that the ignorance Ha-Joon Chang refers to is exploited by those... going on and they don’t want to understand what’s going on,” said Chang. That is why understanding
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyrevenue 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
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GDP revision for 2017 points to slight improvement from initial estimates
EconomyMacroeconomyGreece’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
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Consumer prices drop further by 2.2 pct in June
EconomyMacroeconomyThe 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
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