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EC cuts 2023 growth forecast by more than half to 1 pct
EconomyMacroeconomyyear of growth for Greece in 2022 and a significant downward revision of next year’s estimate. Greece... forecast during the summer as the economy appears to be robust thanks to a buoyant tourism season..., the Commission forecasts a primary surplus of 2.2 pct, leading to a total deficit of just 0.8 pct of GDP
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New Democracy seeks to counter with marine parks and migration policy, rhetoric
PoliticsGreek Politicsof migrants. On Saturday, for instance, he posted on X that: “The illegal immigrants who entered from Libya... to take this emergency action after a massive increase in arrivals from Libya on Crete and nearby
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Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicsin Thessaly as only four of the 12 Super Pumas that Greece possesses are in a condition to fly... strain on public finances, with some estimates putting the total figure as high as 4 billion euros
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Newsletter 350 - 09/09/2022
cited the uncertain global environment as a key reason for ensuring the next administration is robust... fetch 80 pct of the 2019 receipts, a reliable reason to revise the estimate for this year’s growth... movement was led by growth in private consumption by 2.2 pct QoQ. Government spending was also up by 1.4
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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgramme. For 2015 in particular, Varoufakis said that the estimated privatisation revenues of 2.2 billion... into account the following factors: 1) EFSF loans of 142 billion euros (75 percent of GDP) bear... billion in 2014 and 2.2 billion in 2015. He argued that this is a sign Greece is not in a position
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The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
EconomyProgrammeto plug a gap of 600 million euros on the pension front and collect revenues of 2.2 billion from... stable. On the revenue front, the 2016 budget includes measures of 2.2 billion euros in 2016 to meet... (150 million). 6) Increase in the tax rates on income from rents (142 million). Specifically
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Newsletter 173 -07/09/2018
, the highest since Q3 2016. Gross capital formation declined by 2.2 percent QoQ. The MoF expects strong... ambitious than the initial target by 2.2 billion and aims to bring the pile of NPEs to 64.6 billion... by the general government. Gross capital formation declined by 2.2 percent QoQ. On a quarterly basis, gross
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Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016
EconomyMacroeconomyin the apartment prices index follows a decelerating trend with the 2016 rate of -2.2 percent being... percent in the last ten years. The latest official estimates, which were included in the baseline
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OECD sees stable growth of 2.2 pct next year and persistent structural challenges
EconomyMacroeconomyby 2.3 pct this year, 2.2 pct in 2025, and 2.5 pct in 2026, driven by rising disposable incomes...The OECD published on Wednesday the latest economic outlook with the growth estimates for Greece broadly in line with other international organisations and the Finance Ministry’s forecasts
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Industrial Production Index in negative territory for the year, at -2.2 pct in April
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT... month on month at 21 points. In addition, 31 percent of the surveyed firms estimated a rise
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