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IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
EconomyMacroeconomypoint to 3.5 pct, slowing further to 2.6 pct in 2023 and down to just 1.2 pct in 2027. According... of time and this has been the main point of contention with the eurozone on the sustainability of Greek
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Newsletter 288 - 12/03/2021
hospitalised with the virus, with close to 500 intubated in ICUs. These numbers cast doubt on the timeline.... Apartment prices increase 4.2 pct in 2020 Rise in Q4 slowed to 2.6 pct The latest quarter’s... of apartments in Greece came to 2.6 percent year-on-year (YoY) in the fourth quarter (Q4) of 2020 from
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EU-Turkey refugee agreement: A life saver or a dud?
Agorathe majority of Turks want. On this point, the Europeans have little, if any, leverage over Erdogan... given that the Greek leader made the point about Turkish incursions into his country’s air space..., supporting the Turkish leader no matter what. The recent shooting down of the Russian fighter jet, arrests
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Newsletter 114 - 07/04/2017
. Manufacturing PMI dropped by 1 point to 46.7 in March, almost offsetting the increase of 1.1... last year. On the flipside, the respective figure for the state budget fell by 611 million to reach
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Newsletter 190 -18/01/2018
point in the last five years. 2 December primary surplus at 3.16 bln Total misses the full year target... billion euros and was below target by 611 million. Monthly net revenues totalled 5.34 billion euros
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European Commission says 2014 is a turning point for Greece as growth resumes
EconomyIn its autumn economic forecast released today, the European Commission (EC) highlights that 2014 would be the turning point for Greece with the domestic economy turning to growth after six years of recession. EC retains unchanged its previous forecasts calling for GDP growth of 0.6 percent in 2014
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PMI rebounded in September, but survey data still point to a downturn on lack of new orders
EconomyMacroeconomyGreece’s Manufacturing PMI further rose by 4.2 points to 43.3 in September from 39.1 in August, Markit said on Thursday. Nevertheless, the latest data still point to a significant downturn mainly reflecting sustained drop in production on lower level of new orders as well as further decrease
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Updated ELSTAT figures point to minor differences on fiscal data, slight rise in debt ratio
EconomyMacroeconomypercent of GDP. Today’s ELSTAT figures point to a higher debt ratio, at 178.6 percent of GDP from 177.1
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Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
EconomyMacroeconomyThe demand for airline travel to Greece remains very strong for 2017, particularly from German-speaking countries, according to INSETE, the Institute of the Greek Tourism Confederation (SETE). The preliminary estimates for airline seat planning point to an increase of 19 percent for Greek regional
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Strike acts as focal point for cost-of-living frustration despite higher energy subsidies
PoliticsGreek Politicsconsumer. Wednesday’s strike served as a focal point for the opposition parties to step up
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