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  1. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    previous estimate that economic activity will start picking up from the second half of this year.... However, EC updated its estimates on the GDP components and is now expecting private consumption to drop... estimates involve persistence of the strong revenue collection as well as revenue administration

    22%
  2. IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    upped its primary surplus estimate for 2016 to 3.3 percent of GDP, from 0.1 percent in its previous... Fiscal Monitor, which provided its updated fiscal estimates. Unlike the downward revision of its..., the Fund estimates a lower primary surplus of 1.5 percent of GDP from 2019 onwards. This means that IMF

    22%
  3. Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates

    EconomyMacroeconomy

    previous estimate for a GDP contraction of 0.7 percent expected in early February. In specific, EC... 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday. The headline... is the highest negative reading since Q4 2014. ELSTAT said flash estimates are expected to be revised upon

    21%
  4. Agreement on third bailout with revised fiscal and macro targets, host of prior actions

    EconomyProgramme

    ) Restructuring of Athens Public Transport Organisation (OASA). The schedule is for the agreement

    21%
  5. These are the bailout deliverables expected from Greece in September

    EconomyProgramme

    the restructuring plan for the Athens Urban Transport Organization (OASA) that was agreed

    21%
  6. Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche

    EconomyProgramme

    privatisation and restructuring of the Athens public transport organization (OASA). A second list of prior

    21%
  7. Complex privatisation fund faces tall order to reduce Greek debt

    Economy

    to CPH, namely those of Athens public transport companies (OASA, OSY and STASY), the Olympic

    21%
  8. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    of the flash estimate. All key GDP components fell QoQ. The most significant drops were seen... 2015, the Hellenic Statistical Authority (ELSTAT) provisional estimates showed on Monday. The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released

    21%
  9. EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    adjustments for the Greek growth outlook from the previous estimate in May. The Commission for 2024 sees... in 2025, falling below the 2 percent threshold in 2026. In the estimates in May, inflation for 2024..., dropping to 9.8 percent next year and 9.2 percent in 2026. This is broadly in line with the estimates

    21%
  10. Revised GDP data shows recession for 2016, higher growth in 2014
    By Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    According to the Hellenic Statistical Authority’s (ELSTAT) second estimate for the 2016 Annual... an initial estimate of 0.1 percent growth. ELSTAT also revised the national accounts for the years... compared to an initial growth estimate of 0.6 percent. Expenditure of households dropped by 0.1 percent

    21%