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  1. Budget marks return of trust, argues Mitsotakis
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    1.1 pct this year. The total deficit is due to halve to 2.49 billion euros, at -1.1 pct of GDP, from... of SYRIZA’s parliamentary group early on Sunday to set out his basic ideas around the economy

    7%
  2. Strong set of 2024 fiscal data provides space for voter-friendly handout package
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    of a surprise handout package worth 1.1 billion euros in support and public investments. The methodology... booked a 1.1 billion euros surplus. General government expenditure came to 113.93 billion euros, from... spending as the economy is expected to feel the effects of the trade tensions emanating from the US.

    7%
  3. Tourism accounts for 27.3 pct of Greek GDP in total, study shows

    EconomyFeatures

    of the Greek economy, generated 27.3 percent of GDP, or 48.4 billion euros against an overall GDP figure.... The study showed that in 2017, the direct contribution of tourism to the economy increased by 1.56 billion... has on the economy, in that for every 1 euro in tourism revenue, the country’s GDP grows by 2.65

    7%
  4. Are you not entertained?
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    at the corner of Europe that represents 2 percent of the total eurozone economy. The Greek government naturally... damaging the ongoing threats and speculation of Greece dropping out of the euro were for the Greek economy... of thousands. By the time job losses bottomed down in July 2013, close to 1.1 million jobs had been

    7%
  5. IMF raises growth forecast for 2019, lowers sharply medium-term expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    in the last quarter of this year, expecting the Greek economy to grow by 2.2 percent, from 2.7 percent previously, albeit higher than the last quarter of 2017, when the economy grew by 2 percent. Real GDP... April, and 1.2 percent in 2019, from 1.1 percent previously. In the medium term, CPI is seen rising

    7%
  6. Newsletter 179 -19/10/2018

    Newsletters

    to the revised data, Greece’s economy in volume terms performed slightly better in 2017, growing..., slightly lower than the 9.6 percent growth seen in March. In nominal terms, the Greek economy grew by 2.1... economy performed marginally worse in the 2015-2016 period compared to March’s estimates. In volume

    7%
  7. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    consumption is forecast to rise by 1.1 percent. Investments Gross capital formation grew by 15.6 percent... results are encouraging and put the economy in line with growth forecasts by the MoF for this year. Regarding the MoF’s own forecasts included in the latest budget, the Greek economy will growth by 2.1

    7%
  8. Fiscal data points to primary surplus of 4.4 pct in 2018, beating target of 3.5 pct
    Photo by MacroPolis

    Economy

    corresponds to 1.1 percent of GDP. This is the third successive year that Greece runs an overall surplus... of the economy in the reported period, dropping to 46.7 percent of GDP, from 47.3 percent, as the economy grew. It is worth noting that expenditure last year included one-off items related to backpay

    7%
  9. Newsletter 247 -10/04/2020

    Newsletters

    , the impact of the coronavirus outbreak on the country's economy is becoming clearer. According... the wider impact in the domestic and global economy are shaping new conditions, with potentially... the economy. Speaking on Skai TV on Sunday, Finance Minister Christos Staikouras said that he believes

    7%
  10. OECD sees recovery slowing, urges fiscal discipline
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    Kyriakos Mitsotakis as the think-tank published its latest economic report about the Greek economy... recovery to 1.1 pct in 2023, rising to 1.8 pct in 2024. According to the OECD, private consumption... the economy to outdo EU peers in 2023 as well, with growth closer to 2 pct. The authorities see 1.8 pct

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