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  1. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    , which is significantly lower than the previous estimate of 6.8 percent. However, a strong rebound... for 2016, which is broadly similar to the previous estimate. According to the OECD, gains... estimates to 0.1 percent in 2015 from 2.3 percent in its previous forecast published last November

    5%

  2. IMF sees 0.6 pct primary deficit in 2015, lowers debt forecast below 180 pct

    Economy

    previous estimate of 0.5 percent released last October. The IMF estimate stands below the programme...In its latest Fiscal Monitor report, the IMF refrained from providing its estimates on Greece’s... partners. In addition, the IMF stressed that for 2015, data reflects its preliminary estimates

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  3. Newsletter 429 - 28/06/2024

    Newsletters

    path in the short-term, with the estimate for this year at 2.2 pct, then 2.5 pct in 2025 and 2.3 pct in the following year. This year’s estimate by the BoG is slightly more modest than the 2.5 pct forecast of the Finance Ministry. Greece’s central bank notes that the estimates are subject to downside

    5%

  4. Reports raise questions about some economic policy decisions
    Photo byPanayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and rather stable growth path in the short-term, with the estimate for this year at 2.2 pct, then 2.5 pct in 2025 and 2.3 pct in the following year. This year’s estimate by the BoG is slightly more modest than the 2.5 pct forecast of the Finance Ministry. Greece’s central bank notes that the estimates

    5%

  5. Brussels flags downside risks for Greece as conflict‑driven inflation surges
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    , projecting growth of 1.9% and raising its inflation estimate to 3.1%. Last week, in the progress report...%, with a particularly worrying estimate for investment in 2027, rising by just 1.3% - a strong...% in 2027. Iran impact What will concern the Greek authorities is that even these downward‑revised estimates

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  6. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    estimate of 0.8 percent announced on August 13. According to ELSTAT the improved performance compared to the flash estimates is attributed to the incorporation of June balance of payments as well..., higher than the flash estimate of 1.4 percent, from an upward revised 0.6 percent in Q1. Due

    5%

  7. Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
    Photo by MacroPolis

    EconomyMacroeconomy

    of the flash estimate. The provisional estimates also showed that GDP contracted at a slightly slower pace... and by 0.2 percent in Q4 for the full-year estimate of a 0.3 percent contraction, projected by most... Statistical Authority (ELSTAT) provisional estimates displayed on Monday. The headline figure

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  8. IMF sees Greek growth at 2.5 pct in 2015, debt at 172.7 pct of GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    . GDP growth for 2015 was revised downward to 2.5 percent from 2.9 percent in its previous estimate six... estimates are included in the most recent reform list sent by the Finance Ministry in late March in the context of the February 20 Eurogroup agreement. The IMF revised upward its estimate on Greece’s

    5%

  9. Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment

    EconomyMacroeconomy

    (QoQ) in Q3 2015, at a faster pace compared to the flash estimate of -0.5 percent released two weeks...). According to today’s figures, GDP eased 1.1 percent year on year (YoY) in Q3, from flash estimate... that the difference to flash estimates is attributed to September balance of payments and quarterly date

    5%

  10. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
    Photo by MacroPolis

    EconomyProgramme

    for the scheme. In contrast, the MoF has not altered its initial estimate of a 900-million-euro fiscal... budget will incorporate an estimate for a primary surplus of 1.8 percent of GDP, slightly lower than... and it appears the troika estimates it would further increase in the last two months of the year

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