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  1. Consumption and investments drive Q3 GDP growth of 2 pct YoY
    Image: MacroPolis

    EconomyMacroeconomy

    quarter of the year if the 2.2 pct growth forecast for the year of the finance ministry is to materialise... QoQ. Outlook In the final 2026 budget, the Finance Ministry sees growth at 2.2 pct for 2025 and 2.4 pct next year. The Bank of Greece (BoG) sees 2025 growth at 2.2 pct The European Commission in its

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  2. 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

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  3. 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

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  4. 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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  5. Newsletter 260 -31/07/2020

    Newsletters

    unchanged from its 8.1 pct estimate in April. Though uncertain, the recovery estimate remains the same... sliding to 5.1 pct and 3.4 pct of GDP over the next two years. Fiscal estimates have factored... for the award is much less than the 3.9 billion euros estimated originally. The government has made the savings

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  6. Newsletter 344 - 01/07/2022

    Newsletters

    pct in 2022. Recently the OECD also revised down its estimate for this year to 2.8 pct, while... placed its estimate at 3.1 pct. Eurostat announced today Friday the HICP for June, with the latest... revised down as uncertainty hits. Official estimates were updated this week with the latest Bank

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  7. IMF aligns Greek projections with EU, revises down GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    recession estimate of 2.3 percent to be met, GDP needs to contract by more than 5 percent in the second... environment, the Fund stressed. The IMF also lowered its long-term GDP estimate for Greece now calling... downward its GDP estimates, aligning them with those the European Commission (EC) released in mid

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  8. Newsletter 346 - 15/07/2022

    Newsletters

    outlook for Greece in the latest summer forecasts, but the latest estimates also reflect the tight grip inflation has on the Greek economy. According to the latest estimate, the Greek economy will grow by 4 pct this year, up from the previous estimate of 3.5 pct in the spring forecasts at the end of May

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  9. Greece’s downstream oil industry adapts to shifting demands
    Photo via http://www.helpe.gr/

    EconomyFeatures

    , followed by Iran (until sanctions in 2012), Libya, Saudi Arabia and Kazakhstan. As of January this year

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  10. Where is the EastMed pipeline heading?
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    Agora

    Zone, the decision to send troops to Libya, the maritime agreement with the Tripoli-based government

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