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Newsletter 416 - 15/03/2024
committee, concluded that whatever the failures to install modern safety systems on the Greek.... 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
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EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
EconomyMacroeconomyThe European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February... estimates assume the relief measures that have so far cushioned the blow on the economy will not be cut
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IMF upgrades Greece’s GDP and unemployment rate estimates
EconomyMacroeconomyto an estimate of a 0.6 percent GDP contraction in the previous WEO. It is worth noting that this is the most... with the European Commission (EC) estimate, while OECD expects Greek GDP to slip 0.2 percent this year... 2.7 percent previously. The government and the EC estimate the Greek economy will recover by 2.7
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Where is Odysseus? Part 4 - Unemployment and Employment
AgoraAs in the previous three monthly blogs, we continue to trace the progress of modern-day Odysseus, who started a long voyage in 2018 to help bring Greece back home to a sustainable and prosperous... will combine the baseline estimate of the LF with the baseline estimate for the UR. For the low
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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
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Study calls for sweeping reform of Greek healthcare system
Societyidentified including an absence of organised primary health care, a lack of modern units, limited use... efficient and flexible. As a legal entity, the health system would be required to adopt modern accounting practices and modern administrative organisation, publish balance sheets and monitor the quality
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Episode 8 - Athens: An ancient city grappling with modern problems
AgoraIn this episode, we take to the streets of our home city, Athens, to get an idea of what interventions would improve life in the Greek capital. Our producer Phoebe Fronista speaks to MacroPolis features writer Georgia Nakou about the Great Walk, a pilot...
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OECD sees recession in 2015-16, stresses need for reform implementation
EconomyMacroeconomyits jobless estimate for 2016 was kept broadly unchanged at 24.8 percent. Greece will remain... procedures, reforms to reduce tax evasion, gradual building of a modern social safety net...In its latest economic forecasts published on Monday, OECD revised downward its GDP estimates
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Greek pensions laid bare
Agorapensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since
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BoG sees encouraging signs for Greek economy but warns on reforms
Economypositive in 2014 at 1 percent of GDP lower than its previous estimate of 2 percent. The key contributor... in order to achieve a modern state offering high-quality services without getting in the way of business... Finance Minister next week. The central bank reiterates its previous estimates outlined in its
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