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Newsletter 246 -03/04/2020
support initiatives. In any event, the level of impact outweighs anything that was experienced during... of GDP. Additionally, the Bank of Greece (BoG) has made its first estimate of the impact... (ELSTAT) data showed during the week. This is the highest reading since February 2017, when the index
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Newsletter 276 -04/12/2020
in a radio interview that the opening of the tourism sector during the summer was not handled well... with off-road motorcycle riders during their outing and took photos with the group in which... annually, higher than the 8 pct on average in the previous estimate. The OECD has also released its latest
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SYRIZA targets middle class with own plan for post-pandemic economic rebound
PoliticsGreek Politicsofficials during an official presentation that was televised and broadcast online on Tuesday... lost during the Covid-19 crisis. Regarding debts to banks, SYRIZA proposes a menu of relief measures... that at a conservative estimate, SYRIZA’s package of measures would cost 15 billion euros. He argued
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Vaccination politics intensify as Greece races to plug immunity gap
PoliticsGreek Politicsthat 4,000 marchers gathered in central Athens, and others putting the estimate at more than 5,000... anti-lockdown and anti-mask demonstrations which took place during the lockdown, while the presence... it unlikely that the government will hit its target of 70 pct of adults during the summer, unless
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Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
Economyforecast is revised up due to improved performance during the first quarter of the year and lower carry over effects from 2020, up to 4.3 pct, from 3 pct previously. The growth estimate for 2022... pct during 2020. The extension of the Hercules APS by another 18 months with a guarantee limit of 24
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Govt grabs opportunity offered by escape clause to entice voters with support package
Economyof more debt was added during the pandemic to keep the cash buffer above 30 billion euros... that was used in seven rounds during the pandemic as a liquidity measure to firms, will have a cost of 660... a more ambitious recovery goal of 6.2 pct next year, an estimate that will probably have to be toned
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Newsletter 340 - 03/06/2022
understanding between the two sides to avoid a flare-up during the summer and to move forward...” by sending arms to Ukraine, especially during an increased threat from Turkey. SYRIZA has been openly... deviation from the baseline estimate of 1 percentage. It is becoming increasingly evident
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Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
Economy. This is roughly one point below last month’s estimate. The socialists pressed the government... social media and during parliamentary debate. Recent Eurostat data does not do the government any favours as it highlights that Greeks feel they have seen few tangible benefits during the government
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IMF downgrades Greek GDP and unemployment forecasts
EconomyMacroeconomyyear on year compared to IMF’s estimate for a growth of 0.7 percent. The European Commission (EC... of Greece (BoG) has a slightly lower estimate of 2.5 percent, while the OECD foresees a much slower growth.... For 2018, the IMF expects GDP growth to accelerate to 2.7 percent, while its medium-term estimate
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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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