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Newsletter 292 - 09/04/2021
of next year. This year’s estimate is marginally lower than the one forecast in the previous WEO... anticipated GDP to shrink by 9.5 pct in 2020, before ELSTAT’s first estimate for a 8.2 pct GDP... and a recovery from next year up to 2026 at -3.5 pct. This year’s estimate is a deterioration from October’s
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Revenues beat target for third straight month, put primary surplus in sight
EconomyInvestment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan-Sep primary surplus of 1.12... outperformance reflects a higher PIB surplus (2.2 billion) and lower expenditure (2.0 billion) and - to a lesser... in Parliament earlier this week, Greece estimates a small gg primary surplus of 344 million (0.2
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Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
EconomyMacroeconomyFrance rose by a modest 2.2 percent and arrivals from Germany were kept almost stable (+0.1 percent... in receipts from the US (-2.2 percent) and Germany (-1.5 percent), while those from Russia rebounded by 3.1... in the first quarter. In early March, SETE published its initial tourism estimates for 2016, which
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Newsletter 109 - 03/03/2017
and in the corporate tax rate. Economic sentiment in Greece fell by 2.2 points in February, after... The retail sales index dropped by 1.3 percent in December after an upward revised 2.2 percent growth... Ministry sources noted that IMF requests could be lowered since the latter’s estimates incorporate
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Newsletter 273 -13/11/2020
2015 when it fell by -2.2 percent. Greece’s Consumer Price Index (CPI) fell by 1.8 percent year... remains at its lowest rate since July 2015 when it fell by -2.2 percent. The data showed that the core... more critically, the medium-term growth estimates are in the region of 3.5 pct. In the meantime
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Newsletter 388 - 07/07/2023
, in which it sees growth for this year and 2024 at 2.2 pct. The PBO presents three scenarios... one, 2.1 pct for lower transfers and 2.2 pct from higher handouts. The PBO describes this new growth.... The IOBE think-tank this week also presented its latest estimates for Greece, which sees the economy
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Newsletter 451 - 14/02/2025
countries. With the latest data up to November last year, Greek exports to the US were just under 2.2... by 2.2 pct in 2024, after falling by 8.5 pct in 2023. Greece's total exports fell below 50 billion... exports of manufactured goods and services. The Bank of Greece estimates that an across-the-board tariff
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Trump trade war could take a toll on Greek economy
EconomyMacroeconomyto the US were just under 2.2 billion euros, reaching 2.4 bn, equivalent to around 1 pct of Greek... continued to decline, falling by 2.2 pct in 2024, after falling by 8.5 pct in 2023. Greece's total... the channels of receipts from exports of manufactured goods and services. The Bank of Greece estimates
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Newsletter 459 - 11/04/2025
destinations for its exports. Total Greek exports continued to decline last year, falling by 2.2 pct after.... Month-on-month, the index rose by 1.4 pct. After months of moderation, food prices rose by 2.2 pct... the positive soundbites. The IMF and Bank of Greece presented this week their latest growth estimates
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Asking Greece to stack more austerity measures ignores past failings
Agorabillion euros. (Table 2.2). Greece’s programme started going off track early in 2011 when it became... (Table 2.2, in Greek). This meant that in three years, Greece implemented close to 40 billion euros... the deficit was estimated at 12.7 percent. Contrary to the popular belief that Papandreou’s government
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