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Debt, fiscal path still divide lenders ahead of Washington Group meeting
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
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Newsletter 160 -04/05/2018
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
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Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
EconomyMacroeconomyin 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
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IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
EconomyMacroeconomyby 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
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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyin 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
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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomy. The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct previously. The items revised down for 2025 compared to the previous estimate are investments that are now... will rise close to 261 billion euros, from 249.58 billion euros, against an initial estimate
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Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
EconomyMacroeconomynot available at the time of the flash estimate. The GDP expansion in Q1 reflects a rebound in final..., expecting GDP to grow by 2.1 percent, while the IMF estimate is slightly higher at 2.2 percent...., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Friday. The headline figure
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomythat the Q4 QoQ rate was downward revised for the -0.2 percent flash estimate released on February 13... previous estimate last November and is attributed to domestic political uncertainty and a weaker... percent in Q3. According to the flash estimates, Q4 GDP had grown by 1.7 percent. Q4 growth rate
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Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomygrowth estimate of 2.7 percent to 1.8 percent for 2017. The key drivers for the anticipated rebound... Thursday. It did, however, lower its previous estimate from 2.7 to 2.1 percent. The downward revision... Statistical Authority (ELSTAT) flash estimates revealed on Monday. Although the decline is marginal
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammereports indicate there are still pending issues in several areas such as privatisations, management...-exempted. The key issues that currently remain unresolved include: Privatisations, where
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