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Greece - Some structural macroeconomic arithmetic
Agoraoutlook for the Greek economy. This blog attempts to place the messages in context by looking... the analysis of potential output growth over time. Rather, impressions from conversations with Greek... of partner EU countries are holding Greek debt at very low interest rates through about the mid-2030s
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GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY
EconomyMacroeconomyAuthority (ELSTAT) revealed on Wednesday. The Greek economy has been growing continuously QoQ now since... percent QoQ. Over the nine months of 2023, the Greek economy has grown annually by 2.2 percent. Outlook... forecasts sees the Greek economy growing by 2.4 percent this year, and by 2.3 percent in 2024. In its
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Labour database shows 8 in 10 workers earn less than 1,200 per month
Economyof Greek entrepreneurship and economic activity as well as details about the earning capacity of workers. According to Ergani Greek companies are dominated by small firms as more than 88 pct employ less... and 50. This leads to a total dominance of SMEs in the Greek economy, with more than 98 pct
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First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
EconomyBankingsystemic banks, realising record losses for the Greek state. The process of divestment started... into unprecedented realised losses for the state fund. Legacy Greek systemic lenders went through... the divestment process that paled against the scale of state resources allocated to the Greek banking
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BoG sees 2024 growth at 2.3 pct, cautions against complacency due to risks
EconomyMacroeconomya number of policy recommendations to address in some cases long-standing challenges for the Greek economy. The report sees the Greek economy growing by 2.3 pct in 2024, on the back of private... the Greek economy has made over recent years, which brought the investment grade, fiscal stability
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Kasselakis launches EP election campaign with all-out attack on Mitsotakis and ND
PoliticsGreek Politicsmeasurable impact. Greek Solution New Democracy perceives a greater threat to its right, and specifically from the ultranationalist Greek Solution party, which has succeeded in attracting right-wing..., around 7 percent of those who voted for ND in the last national elections have switched to Greek Solution
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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach
EconomyMacroeconomysignals for the Greek authorities as the fiscal framework becomes tighter and Greece aims to achieve large... for the Greek authorities despite the tight fiscal framework not allowing the Greek authorities to distribute... that the primary surplus goal for this year will be reached. The challenge for Greek officials this year
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PM aims to mend ties with church and stem loss of right-wing voters
PoliticsGreek Politics-orthodox Niki party. One of the 10 MPs representing the religious conservatives in the Greek Parliament... or far right support New Democracy, compared to 31 pct who favour Greek Solution, the ultra... Marinakis also spoke of “isolated incidents” that are not representative of the church. With Greek
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PM's target for EP elections is in sight, according to new polls
PoliticsGreek Politicsabandoned it, either in favour of other parties or towards abstention. The naming of ethnic Greek Albanian.... Ultranationalist Greek Solution is expected to be the biggest overperformer of the day, gaining 9.8 pct... SYRIZA on a slightly higher 16.3 pct, with PASOK also on a more encouraging 13.5 pct. Greek Solution
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Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
EconomyMacroeconomyit the first official document in which the Greek authorities have revised down their initial growth... that was anticipated, and Greek exports remain challenged by geopolitical uncertainties and stagnation... materialises, the Greek economy will significantly outperform the eurozone’s growth outlook by some distance
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