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OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
EconomyMacroeconomyThe OECD released on Monday its latest Economic Outlook, in which it significantly revised its growth estimate for Greece for this year to 3.8 pct, from 0.9 pct in the previous forecast last December. At the time, the OECD had pointed out that the recovery could be stronger if the support package
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European Commission leaves 2024 growth estimate of 2.3 pct unchanged
EconomyMacroeconomyThe European Commission left Greece’s growth estimate for 2024 unchanged in the latest winter forecast published on Thursday, expecting the Greek economy to grow by 2.3 pct. The forecast remains slightly more moderate than the 2.9 pct growth the Finance Ministry expects, on which it has based
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Newsletter 495 - 20/02/2026
to explore for gas south of Crete was “unlawful”, arguing that it violates the 2019 Turkey–Libya maritime memorandum and Libya’s declared maritime claims. Greece considers those claims null and void..., suggesting a stronger finish is required in Q4 to reach that estimate. In any case, the market broadly
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Newsletter 487 - 05/12/2025
numbers, dominating headlines and exposing the disconnect between government rhetoric and rural realities... ability to bridge the gap between promises of stability and the lived experience of Greece’s rural... in the coming years. With the RRF in place until August 2026, next year’s growth estimate is 2.4%. However
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyfunds 166 million and 859 billion by other legal entities, to make up the actual spend of 4.97... and estimates due to limited resources. It notes that when there is an underspend in a fiscal year
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Talks on bailout review head for crucial weekend
EconomyProgramme. Meanwhile, the Labour Ministry announced on Thursday that an amount of 859 million from the 2017... estimated the primary surplus would reach 0.63 percent of GDP in 2016 and 1.8 percent in 2017, both
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Newsletter 235 -17/01/2020
was 2.82 billion, municipalities spent 1.12 billion, social funds 166 million and 859 billion..., the Hellenic Banking Association said that roughly 60 percent were rejected, and an estimated 30
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Newsletter 443 - 29/11/2024
month’s estimate. The socialists pressed the government on the issue of cost of living by proposing... in cities and just over 24 pct in rural areas. Denmark follows Greece with similar figures in cities... and under 7 pct for rural areas. Looking at the housing costs as part of disposable income, Greece
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Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
Economy. This is roughly one point below last month’s estimate. The socialists pressed the government... than 27 pct of those living in cities and just over 24 pct in rural areas. Denmark follows Greece... average for cities is roughly 11 pct and under 7 pct for rural areas. Looking at the housing costs
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Newsletter 267 -02/10/2020
, especially in Libya,” Pompeo explained. PM Mitsotakis was, no doubt, encouraged by Pompeo’s statements... to 2008. Households living in rural areas spend 1,190.96 euros per month, while those living in urban
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