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  1. GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink

    EconomyMacroeconomy

    . According to the Finance Ministry’s latest official estimates included 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 to 5.6 pct for HICP

    4%

  2. Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    . The IMF cut the growth estimate for the eurozone by half to 0.5 pct for next year, from 1.2 pct seen in the previous estimate in July and the eurozone’s engine Germany is now seen in a small... stable in 2023 at 12.2 pct. Overall, this is a welcome set of data estimates from the Fund as over

    4%

  3. GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    for the Greek economy. According to the Finance Ministry’s latest official estimates included in the final budget of 2023 that is currently debated in Parliament, the growth estimate for 2022 was 5.6 pct and 1.8 pct for 2023. The most recent inflation estimate for the national CPI is 9.9 pct

    4%

  4. Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    months. According to the Finance Ministry’s latest official estimates included in the final budget of 2023, the growth estimate for 2022 was 5.6 pct and 1.8 pct for 2023. The most recent inflation estimate for the national CPI is 9.9 pct for 2022 and 5 percent for 2023. In the latest financial

    4%

  5. IMF forecasts high primary surpluses, tempers growth expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    . However, the IMF’s estimate for next year is significantly lower than the 3 pct forecast of the Greek... outlook for next year appears to be dimer compared to the Finance Ministry’s very bullish estimate.... presented its latest global economic and fiscal estimates. The Greek economy is seen continuing

    4%

  6. Newsletter 416 - 15/03/2024

    Newsletters

    . The Finance Ministry's estimate was missed by less than half a percentage point and was subject... households. The growth estimate of 2.9 pct included in this year's budget puts the finance ministry's forecast well above all other estimates by organisations that monitor the Greek economy, most of which

    4%

  7. Q1 GDP growth accelerates to 0.7 pct QoQ
    Photo by MacroPolis

    EconomyMacroeconomy

    QoQ. Outlook According to the latest Finance Ministry estimates included 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 annual report of the governor that was presented

    4%

  8. GDP growth slows to 0.3 pct QoQ, investments underwhelm
    Photo by Panayiotos Tzamaros

    EconomyMacroeconomy

    , which is in line with the finance ministry’s latest estimate for the year. Outlook According to the latest Finance Ministry estimates included in the final 2025 budget, the estimate for 2024

    4%

  9. IMF leaves growth and fiscal estimates for Greece unchanged in latest outlook
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    GDP estimates were virtually unchanged with growth seen at 2 pct, from 2.1 pct expected previously... estimates of a total deficit of 0.3 pct last year and 0.5 pct of GDP in 2025, marginally rising to 0.6... pct in 2025, from 49.5 pct of GDP in 2024. The IMF uses a different methodology and its estimates

    4%

  10. IMF's latest macro and fiscal estimates reflect economic stability
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    economy growing by 2 pct this year and in 2026, with both estimates below the outlook the Greek... and accelerate to 2.4 pct next year. The estimates are marginally improved from the World Economic... to 1.4 pct of GDP all the way to 2030. This is a slight deviation from the Greek authorities estimates

    4%