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  1. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    . Specifically, the MoF adopts the EC estimate pointing to a 2.7 percent growth in 2017 fuelled by a 1.8... percent above last year’s estimate. It is projected to increase by 3.5 percent to 182.33 billion... draft budget, which contains its fiscal estimates and the interventions needed to achieve them, as well

    6%

  2. About last night
    Photo by MacroPolis

    Agora

    debt was an area where the outcome probably did not meet expectations. There was an assumption... buffer came in line with expectations. The Eurogroup statement estimates the cash buffer... the precautionary credit line. The IMF’s estimates for Greek growth are much more conservative than

    6%

  3. Newsletter 249 -08/05/2020

    Newsletters

    economies experiencing “a recession of historic proportions this year.” Euro area GDP is seen falling.... Government spending, thanks to various support initiatives that the Commission estimates at 6.9... to -2.1 percent of GDP in 2021. Gross debt estimates by the Commission reach 196.4 percent of GDP

    6%

  4. During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
    Photo by MacroPolis

    Society

    estimated the extreme poverty threshold ranges from 182 euros per month for a one-person privately owned dwelling in a suburban or rural area to 905 euros per month for a couple with two children... by the University of Macedonia in Thessaloniki, estimates that just under 1.65 million people in Greece

    6%

  5. Newsletter 154 -9/03/2018

    Newsletters

    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

    6%

  6. Debt, fiscal path still divide lenders ahead of Washington Group meeting
    Photo by IMF https://flic.kr/p/zBf1FT

    EconomyProgramme

    , and slightly lower at 1.8 percent next year. The estimate for this year is a substantial revision from the WEO estimate in October, when the Fund expected Greece to grow by 2.6 percent in 2018. This leaves the IMF some distance from the Greek authorities and the European Commission, which estimate

    6%

  7. Newsletter 160 -04/05/2018

    Newsletters

    the country to grow by 1.9 percent this year, down from 2.5 percent previously. The estimate for next year... this year and 0.9 percent in 2019. The estimate for 2018 is less than half the previous 1.2 percent growth... estimate of 2.3 percent for this year and 2.6 percent for next year, although this may be revised

    6%

  8. Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the Stability Programme for 2022-2025, the growth estimate is revised down to 3.1 pct, from the 4.5 pct figure included in the final 2022 budget. The latest inflation estimate has also been pushed up... published in July, revised down its estimate for this year to 3.2 pct, from 3.8 pct in April

    6%

  9. IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    by 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

    6%

  10. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    in the Stability Programme sent to Brussels in May, the estimate for 2024 was revised down to 2.5 percent, from the 2.9 percent that was the initial budget estimate. In the latest monetary policy report... from the previous estimate of 2.3 percent. In its growth forecasts, the Parliamentary Budget Office

    6%