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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomy. The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct previously. The items revised down for 2025 compared to the previous estimate are investments that are now... will rise close to 261 billion euros, from 249.58 billion euros, against an initial estimate
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Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
EconomyMacroeconomynot available at the time of the flash estimate. The GDP expansion in Q1 reflects a rebound in final..., expecting GDP to grow by 2.1 percent, while the IMF estimate is slightly higher at 2.2 percent...., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Friday. The headline figure
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Newsletter 35 - 17/07/2015
, higher than the IMF’s estimate of 1.5 billion. Moreover, assuming the implementation of the fiscal... be lowered by SMP and ANFA income of 7.7 billion to 74 billion, which is its official estimate for the net...Funding needs seen over 80bln Slight differences with IMF funding estimates In a 12-page assessment
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Newsletter 296 - 14/05/2021
the food service and retail sectors, as well as schools opened in the previous weeks. During the regular... savings that were accumulated during the pandemic. Economic activity in the second part of 2021... on the labour market. On the fiscal side, various state guarantees have been offered during the support
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A breakdown of the funding needs involved in Greece's third bailout
EconomyProgrammeare forecast at 2.5 billion euros for the three-year period, higher than the IMF’s estimate of 1.5 billion... billion, which is its official estimate for the net financing gap. Other funding sources could involve... a primary surplus of 3.5 percent of GDP by 2018, the commission estimates that the primary balance
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Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomygrowth estimate of 2.7 percent to 1.8 percent for 2017. The key drivers for the anticipated rebound... Thursday. It did, however, lower its previous estimate from 2.7 to 2.1 percent. The downward revision... Statistical Authority (ELSTAT) flash estimates revealed on Monday. Although the decline is marginal
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Newsletter 255 -26/06/2020
to a trickle during the lockdown, with foreign arrivals down 96.2 percent YoY in April and travel... percent and 23 percent of levels reached in March and April 2019. Specifically, during the lockdown, only 250 million euros were collected from employers, with losses during the same period coming
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Newsletter 257 -07/07/2020
reflected during the second quarter, affecting both domestic demand and exports. The Commission notes... during the height of the lockdown, when the government was lauded for its quick action to contain... percent before recovering by 2.2 percent in 2021. Also during the week, it was revealed that the stock
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomybudget for 2018 tabled to Parliament on November 22 estimate GDP growth of 1.6 percent in 2017, revised... outlook, which included the most conservative estimate out of the main organisations. It sees..., provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Monday. ELSTAT has put
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Newsletter 15 - 13/02/2015
on the secondary market during its SMP scheme. On top of that, it also wants the right to issue up... Alexis Tsipras insisted during his press conference after the European Union leaders’ summit... in the next two months. The state has to rollover 4.6 billion T-Bills during March, while it has
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