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Newsletter 487 - 05/12/2025
in the coming years. With the RRF in place until August 2026, next year’s growth estimate is 2.4%. However... markets and rating agencies - the macroeconomic estimates in the framework are cause for concern. When...% this year, but then stagnate around 8% over the following three years. This latest set of estimates
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RRF promise fades as growth outlook weakens
EconomyMacroeconomyin place until August 2026, next year’s growth estimate is 2.4%. However, this nearly halves to 1.3... - the macroeconomic estimates in the framework are cause for concern. When the RRF was first agreed... around 8% over the following three years. This latest set of estimates undermines the government’s
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economy’s estimate) f) reduction in the excise tax on heating oil (at 250 million versus zero by SYRIZA... calculations on the estimated cost of SYRIZA measures. The document also details the potentially... loans, which is estimated at 10 billion euros by MoF under a conservative scenario, which is 8
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Newsletter 266 -18/09/2020
. BoG has revised its forecast for Greek GDP, from 5.8 pct recession in its previous estimate, to 7.5... estimates for 9 pct recession this year and 6 pct growth in 2021, which suggests that Greece.... The report estimates that the support measures to date are broken down by 3.1 billion euros, or 1.9 pct
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OECD sees Greek recession continuing in 2014, slower recovery to follow
EconomyMacroeconomylower than its November forecasts. Although the 2014 estimate is in line with the EC projection... percent in 2015. The updated forecasts are marginally better compared to the previous estimates... in 2013. It should be noted, though, that OECD estimates are not comparable with those of the EC due
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyof services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Tuesday. The headline figure... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward
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Public sector capital stock in Greece and the Euro-19
Agorasector combined). To estimate the time series for general government gross fixed capital spending... for the euro-19 countries. Both lines are in percent of real GDP. The estimates of the respective capital... includes estimates of the public sector capital stock. Few governments in the world do
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomygrowth estimate in the final budget for 2022. Harmonized inflation is also significantly revised... inflation is 2 percentage points above the latest estimates, and a benign one where inflation is lower by 1 percentage point from estimates. In the adverse scenario, the growth rate drops by 1
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From soup kitchens to school meals, demand for welfare in Athens is surging
Society, including soup kitchens, and the findings of its report provide further cause for concern about the social... the soup kitchens have started doing so in the last six months. Furthermore, 76 percent of those... per month. Six in 10 of those who attend at least one of the two soup kitchens a day are aged
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What is the state of play with Greek banks?
Economy, the evolution of bad loans going forward is the key threat and unpredictable factor in any estimate... loss projections with forward-looking estimates on the domestic loan losses over a 5-year horizon... a majority stake in Pangaea, its real estate investment subsidiary with an estimated market value of its
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