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  1. Staikouras strikes note of caution on fiscal space and tax cuts

    EconomyProgramme

    surplus target will be met. Despite the latest estimates by the European Commission and Bank of Greece... clarity and accelerate growth. Bonds and banks The new finance minister estimates that his

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  2. Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions

    EconomyProgramme

    of October. On the macro front, the Commission maintains its latest estimates for 9 pct recession this year... of pensions. The report estimates that the support measures to date are broken down by 3.1 billion

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  3. EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021

    EconomyMacroeconomy

    in the estimates, Greek GDP is seen falling by 10 pct in 2020. This would be the second-biggest... that Greece will reach pre-Covid levels. The downward revision of the growth estimates for 2021 reflect

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  4. IMF maintains cautious view on public finances, sees debt declining slowly
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    Within the context of its Fiscal Monitor, the International Monetary Fund released its latest fiscal estimates for Greece, taking a traditionally more conservative view on the country’s public... 60.7 pct of GDP, to 48.3 pct in 2026. Estimates also diverge on the debt front, with the IMF seeing

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  5. OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
    Photo via http://www.oecd.org/

    Economy

    and productivity”. The forecasts are broadly in line with the Finance Ministry’s latest estimates included..., 5.2 pct in 2022 and 3.6 pct in 2023. In October’s economic outlook, the IMF estimates that Greece

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  6. IMF approves Article IV consultation, growth seen resilient
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    pct in 2023 and 10.7 pct in 2022. These estimates bring the IMF in line with the commitments..., which the government places at 2.9 pct. In any case both are well ahead of the estimates for the EU

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  7. Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach

    EconomyMacroeconomy

    of 2.1 pct of GDP in 2024, which based on the initial estimates would require it to essentially double... market was steadily improving. With growth of more than 2 pct by most estimates for 2024 and assuming

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  8. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    expected to be collected by March 2014. These revenues mainly relate to Bank of Greece estimated dividend... estate property tax, which will replace the current property levy from next year, are estimated

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  9. One in four Greeks in severe material deprivation; a eurozone outlier
    Photo by Harry van Versendaal

    Society

    of the poor population is estimated at 47.6 percent and the percentage of the non-poor population is estimated at 20.8 percent. Although there is much there to concern Greece’s government and society

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  10. Greece closes 2013 with 691 mln budget primary surplus despite late investment spend

    EconomyMacroeconomy

    revenues stem from a delay of EU revenue flows, which are estimated to be realised in the first months... and 2015. The latter is estimated by the troika at 1-1.5 billion for this year and at 2-3 billion

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