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GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomypercent in 2020 compared to the previous forecast of 2.2 percent growth, which is the largest among... quarter (Q1) of 2020 after a decrease of 0.7 percent in Q4 2019, provisional estimates from..., a contraction of 4.7 percent is expected in 2020 compared to an estimated 2 percent GDP growth before
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Government tables 2025 budget, seeing stable growth, solid public finances and lower debt
EconomyMacroeconomy. Next year’s growth is seen at 2.3 percent, from 2.2 percent this year, with private consumption rising...’ estimates that never materialised. Investment is seen growing by 8.4 percent, from 6.7 percent rise... percent, at 0.6 percent of GDP in 2025, from 0.7 percent this year. Interest payments are estimated
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IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
EconomyMacroeconomyunder the current commitments expect Greece to return to a 2.2 pct of GDP surplus by 2024 and maintain...The International Monetary Fund (IMF) released its latest global macro and fiscal estimates... and by 2027 at 44.8 pct. Overall, the IMF is now aligned with the estimates of the Greek and European
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Newsletter 154 -9/03/2018
to the Hellenic Statistical Authority’s (ELSTAT) first estimate released this week. The headline figure came in below the Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. The figure.... For 2018, the MoF revised upwards the growth estimate to 2.5 percent from 2.4 percent in the draft budget
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IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
EconomyMacroeconomyby 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly unchanged, with the growth estimate at 1.9 pct. The Fund remains significantly more conservative than the Greek Finance Ministry’s 2.9 pct growth estimate, which was the basis for the 2024 budget. The longer
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Greek deposits slip in October as credit also contracts by 3.9 pct
EconomyMacroeconomybillion. Monthly net flow remained negative for the ninth month in a row with net deductions hiking
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Deposits up again in December but credit contraction continues apace
EconomyMacroeconomymonth on month (mom) for the ninth consecutive month on net deductions of 173 million in December from
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Manufacturing PMI moved back into contraction territory in March
EconomyMacroeconomyin the level of outstanding business for the sixty-ninth straight month with the rate of decline
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In third straight month of decline, industrial turnover falls 4.9 pct in May
EconomyMacroeconomyThe Turnover Index in Industry continued heading south for the third successive month dropping by 4.9 percent in May from a revised -10.5 percent in April, according to the Hellenic Statistical Authority (ELSTAT). The May performance indicates the ninth negative reading in the past 17 months, while
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Greek industrial production drops for eighth straight month but at slower rate
EconomyMacroeconomyis the ninth negative reading in the 10-month period of 2014 (only February posted a marginal growth
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