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  1. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    was posted in the 35-44 age group, while the respective rate for the 25-35 age group fell by 2.2 pp... to the most recent estimates, the European Commission projects the unemployment rate to ease to 24.7... for this year and a lower figure of 23.4 percent for next year. OECD estimates are more optimistic

    9%

  2. Govt intent on making some relief measures permanent
    Photo by Pavlos Svoronos/Fosphotos

    PoliticsGreek Politics

    package, even if the primary surplus goal of 2.2 pct of GDP from 2023 onwards remains as is. This is thanks to the very high primary surplus estimates that were included in the Medium-Term Fiscal... to the primary surplus estimates seen in the Medium-Term Fiscal Strategy dropping by roughly 1 percentage

    9%

  3. EC tweaks forecasts, sees 2023 growth at 1.2 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    in 2024 is now seen at 2.2 percent, from 2 percent in autumn. Price growth during 2022 was 9.3 percent, while a 4.5 percent is expected this year and 2.4 percent in 2024. These estimates are revised...The European Commission updated its estimates in the latest winter forecasts, essentially retaining

    9%

  4. Newsletter 403 - 24/11/2023

    Newsletters

    will also double in growth to 4.6 pct, from 2.2 pct this year. Inflation is also seen moderating... as the outcomes fall short of the bullish estimates. In its first budget submission for 2020 after..., the 11.7 pct rise did not meet the expectations. The bullish estimates for investments growth were

    9%

  5. Newsletter 154 -9/03/2018

    Newsletters

    to the Hellenic Statistical Authority’s (ELSTAT) first estimate released this week. The headline figure came in below the Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. The figure.... For 2018, the MoF revised upwards the growth estimate to 2.5 percent from 2.4 percent in the draft budget

    8%

  6. Newsletter 160 -04/05/2018

    Newsletters

    the country to grow by 1.9 percent this year, down from 2.5 percent previously. The estimate for next year... this year and 0.9 percent in 2019. The estimate for 2018 is less than half the previous 1.2 percent growth... estimate of 2.3 percent for this year and 2.6 percent for next year, although this may be revised

    8%

  7. IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    by 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly unchanged, with the growth estimate at 1.9 pct. The Fund remains significantly more conservative than the Greek Finance Ministry’s 2.9 pct growth estimate, which was the basis for the 2024 budget. The longer

    8%

  8. Newsletter 141

    Newsletters

    growth is seen at 1.6 percent from 1.8 percent previously, well below the initial estimate of 2.7 percent. The growth estimate for 2018 has been revised upward from 2.4 percent in the draft budget to 2.5... are substantially revised from the MTFS estimate of 187.75 billion for 2018. Unemployment has been

    8%

  9. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    to remain broadly stable at 2.2 percent of GDP in 2013 and at 2.3 percent in 2014 (3.96 and 4.27... expected to be collected by March 2014. These revenues mainly relate to Bank of Greece estimated dividend... estate property tax, which will replace the current property levy from next year, are estimated

    8%

  10. Snap elections in Greece bring state's liquidity constraints into focus

    Economy

    . These mainly comprise of interest payments (2.2 billion) and IMF repayments estimated at 1.6 billion. On top... billion has already been used. b) Cash reserves of the central government, which are estimated at 1

    8%