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Newsletter 65 - 04/03/2016
of a primary surplus of 3.5 percent of GDP. In contrast, the EC and the government estimate a lower... percent contraction it foresaw in its flash estimate on February 12. The reported figures point... lower than the initial estimate incorporated in the third bailout programme of a recession of 2.3
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Final budget sees strong growth, fiscal overperformance in 2018
EconomyMacroeconomy. Athens now sees 2017 growth settling at 1.6 percent, well below the initial estimate. The Finance...). In fact, private consumption only grew by half the original estimate, 0.9 percent. Investment also reached just over half the estimate, increasing by 5.1 percent. The growth of exports did
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Newsletter 119 - 19/05/2017
, pointing to a faster GDP rebound of 2.1 and 2.2 percent, respectively. Budget primary balance records... estimates for 2017. The budget primary surplus (on a modified cash basis) for 2017 was upwardly revised... with further increases in the limit for overseas money transfers. 2 GDP edges down in Q1 ELSTAT flash estimates
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Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
EconomyMacroeconomyfor 2016. The MoF, Bank of Greece (BoG) and the EC estimate a mild GDP contraction of 0.3 percent, while OECD’s estimate stands a bit lower at 0.2 percent. In contrast, IMF sees a marginal GDP expansion of 0.1 percent. For the full year MoF and EC estimate of a GDP contraction of 0.3 percent to be met
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Newsletter 302 - 18/06/2021
in May slows to 2.2 pct Monthly flow was negative by 17 mln Corporate lending balance's net monthly... sector rose an annual 2.2 percent in May, compared with 2.4 percent in April, Bank of Greece (BoG... estimates put more than 50 billion euros. Mitsotakis is hoping to take advantage of the positive mood
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IMF expects modest recovery, lingering debt but primary surplus to return swiftly
EconomyMacroeconomyto 3.6 pct in the last quarter of next year. This year’s estimate is marginally lower than the one... estimate for a 8.2 pct GDP contraction last year. Greece is seen coming off deflation this year..., after -7.4 pct last year and a recovery from next year up to 2026 at -3.5 pct. This year’s estimate
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Newsletter 364 - 23/12/2022
. This is broadly in line with the European Commission’s estimate published about a month go, which... regarding next year. In its review in October, S&P presented an estimate of 1.7 pct growth in 2023. Also... in Parliament last weekend, the growth estimate for 2022 was 5.6 pct and 1.8 pct for 2023. The most recent
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Revenues beat target for third straight month, put primary surplus in sight
EconomyInvestment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan-Sep primary surplus of 1.12... outperformance reflects a higher PIB surplus (2.2 billion) and lower expenditure (2.0 billion) and - to a lesser... in Parliament earlier this week, Greece estimates a small gg primary surplus of 344 million (0.2
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Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
EconomyMacroeconomyFrance rose by a modest 2.2 percent and arrivals from Germany were kept almost stable (+0.1 percent... in receipts from the US (-2.2 percent) and Germany (-1.5 percent), while those from Russia rebounded by 3.1... in the first quarter. In early March, SETE published its initial tourism estimates for 2016, which
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Newsletter 109 - 03/03/2017
and in the corporate tax rate. Economic sentiment in Greece fell by 2.2 points in February, after... The retail sales index dropped by 1.3 percent in December after an upward revised 2.2 percent growth... Ministry sources noted that IMF requests could be lowered since the latter’s estimates incorporate
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