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Industrial production edges up 0.1 pct in September
EconomyMacroeconomyof crude petroleum and natural gas soared 162.1 percent followed by strong growth in other non-metallic... and trailers (up 26.6 percent). The biggest fall was recorded in mining of coal and lignite (down 38.2
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Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
EconomyMacroeconomy, GDP needs to fall by 1.4 percent QoQ and 1.1 percent YoY in Q4. Although it is too early to call... to a strong rebound well in excess of 2 percent. The most optimistic estimate of 2.8 percent is from the IMF
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Are we taking Greeks' devotion to the euro for granted?
Agorafor the euro in Greece remains strong,” may be the counter-argument to this gloomy set of data... points lower than it was last autumn (the biggest fall among all EU members during that period
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Bank of Greece sees potential for recovery, urges calm in negotiations
EconomyMacroeconomyfor a strong economic recovery of 2.5 and 3 percent respectively, while also foresees GDP to grow... and improving economic prospects. BoG also forecasts that the unemployment rate will fall by 1.5
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S&P affirms Greece’s rating, outlook remains stable
Economyyears, S&P expects a strong rebound of 2.5 percent in 2017, 2.7 percent in 2018, 3 percent in 2019.... From its peak of 180.3 percent of GDP, the debt ratio is projected to gradually fall to 173.1 percent
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IMF proposes rebalancing of fiscal policy, reform implementation and debt relief
EconomyProgrammegrowth, while must be complemented with strong policy implementation. According to the IMF’s updated... the unemployment rate is projected to fall by almost two percentage points to 21.3 percent in 2017
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EC lowers growth forecasts, sees fiscal targets within reach
EconomyMacroeconomyof the fiscal consolidation was broadly balanced. Revenues, in particular, were boosted by a strong growth... expects the debt to GDP ratio to remain broadly stable at 178.8 percent in 2017 and fall to 174.6
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Tsipras readjusts expectations for crucial Eurogroup
PoliticsGreek Politicsto the bond markets. Although this would also fall short of securing the International Monetary Fund’s... relief is strong enough for Greece’s future interests and clear enough to start restoring investor
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Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
EconomyMacroeconomyto the total figure. The MoF expects a strong rebound of 5.9 percent in gross fixed capital formation... percent fall in foreign arrivals, coupled with a decrease in the average expenditure per trip
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Newsletter 121 - 02/06/2017
a deterioration in May. The most significant fall was recorded by the construction confidence indicator... months. Meanwhile, the corresponding volume fell by 1 percent in March after a strong but short-lived
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