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  1. Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
    Photo by MacroPolis

    Economy

    Program (EAP) target of 3 percent. The upward revised estimate for 2015 primary surplus compared... with To Vima, Staikouras said that under current estimates 2014 primary surplus is estimated at 2... or lower estimates in the final budget due to be voted in December.

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  2. Newsletter 193 -08/02/2018

    Newsletters

    growth is estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2... result in higher taxes for all citizens. The Finance Ministry estimates that a judgement against... the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent as a result

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  3. Newsletter 487 - 05/12/2025

    Newsletters

    in the coming years. With the RRF in place until August 2026, next year’s growth estimate is 2.4%. However... markets and rating agencies - the macroeconomic estimates in the framework are cause for concern. When...% this year, but then stagnate around 8% over the following three years. This latest set of estimates

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  4. RRF promise fades as growth outlook weakens
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    in place until August 2026, next year’s growth estimate is 2.4%. However, this nearly halves to 1.3... - the macroeconomic estimates in the framework are cause for concern. When the RRF was first agreed... around 8% over the following three years. This latest set of estimates undermines the government’s

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  5. Newsletter 266 -18/09/2020

    Newsletters

    . BoG has revised its forecast for Greek GDP, from 5.8 pct recession in its previous estimate, to 7.5... estimates for 9 pct recession this year and 6 pct growth in 2021, which suggests that Greece.... The report estimates that the support measures to date are broken down by 3.1 billion euros, or 1.9 pct

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  6. European Commission review of Greek programme: The key points

    EconomyProgramme

    ), the EC estimates Greece would have needed an additional 5 billion to cover its financing needs until... estimates privatisation revenues in excess of the 3-billion mark per annum as of 2016. The updated plan... that the financing gap until May 2015 is estimated at 5.5 billion euros. This figure reduces to 3.8 billion if we

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  7. OECD sees Greek recession continuing in 2014, slower recovery to follow
    Photo by MacroPolis

    EconomyMacroeconomy

    lower than its November forecasts. Although the 2014 estimate is in line with the EC projection... percent in 2015. The updated forecasts are marginally better compared to the previous estimates... in 2013. It should be noted, though, that OECD estimates are not comparable with those of the EC due

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  8. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Tuesday. The headline figure... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward

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  9. Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    growth estimate in the final budget for 2022. Harmonized inflation is also significantly revised... inflation is 2 percentage points above the latest estimates, and a benign one where inflation is lower by 1 percentage point from estimates. In the adverse scenario, the growth rate drops by 1

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  10. Greek banks' capital backstop and the funding gap: An uneasy relationship
    Photo by Harry van Versendaal

    Economy

    backstop facility. It is, however, premature to estimate any a figure given that several major issues... point out: - the haircut that would be applied to banks’ profitability estimates included... for 2014-15. The latter was estimated at 10.9 billion by the IMF in its latest review report in July 2013

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