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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeatures, when Crédit Agricole’s ill-fated acquisition of Emporiki Bank for 2.2 billion euros brought in just.... A recent study estimated that golden visa-linked purchases in 2018 accounted for one third
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Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
EconomyMacroeconomy, from 2.2 pct this year. CPI and HICP will converge next year to 2.6 pct, from the 4 pct region... debt sustainability. The Greek economy is estimated to grow by 2.9 pct next year, from 2.4 pct
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Is Greece on track to decouple from fossil gas?
Agorainfrastructure, as it already foresees 2.2 GW of PHES (the current capacity being 0.7 GW) and 3.1 GW... of CO2 estimated in the NECP; this, in turn, will compromise the NECP’s fundamental climate target
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Primary balance at 3.25 bln in Apr, above target thanks to favourable timing
EconomyMacroeconomythe target by 2.2 billion euros. The ministry notes that the overperformance is mainly due... of February 2024, with an estimated amount of 647 million euros is counted in the fiscal result of 2023
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Government sets out fiscal plan, prepares multi-bill in shadow of deadly wildfire
PoliticsGreek Politicsfor this year to 2.2 pct, increasing to 2.3 pct next year. The primary surplus for this year is expected... of the trade tax for the self-employed, is estimated to include interventions worth 1.2 billion
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Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomyits time in office. Growth for this year is seen at 2.2 pct, when the 2024 budget had assumed... consumption in 2024 is seen growing by 1.7 pct, exports are estimated up by 4.2 pct and imports will rise
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Scope leaves rating unchanged at 'BBB', ups outlook to positive
Economy, and the labour market, have further strengthened growth fundamentals. Scope sees 2025 growth at 2.2 pct...-term fiscal risks. The country’s potential growth is estimated at just 1.25 pct. Externally, Greece’s
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Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
EconomyThe larger part of the crisis is already behind us and the official estimate for a GDP rebound... retreating this year by 2 to 3 percent (from a previous estimate that they would rise by 5 to 8 percent), yet... components are quite different compared to the official projections as well as its previous estimates
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Greek economy slips into recession as Q1 GDP contracts by 0.2 pct QoQ
EconomyMacroeconomya dramatic downward adjustment of its GDP estimate from 2.5 percent to 0.5 percent. The Commission... in consumption. Fitch published in late March a similar estimate calling for a GDP growth of 0.5 percent..., according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Wednesday
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OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
EconomyMacroeconomy, which is significantly lower than the previous estimate of 6.8 percent. However, a strong rebound... for 2016, which is broadly similar to the previous estimate. According to the OECD, gains... estimates to 0.1 percent in 2015 from 2.3 percent in its previous forecast published last November
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