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OECD sees Greek recession continuing in 2014, slower recovery to follow
EconomyMacroeconomylower 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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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyof 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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Public sector capital stock in Greece and the Euro-19
Agorasector combined). To estimate the time series for general government gross fixed capital spending... for the euro-19 countries. Both lines are in percent of real GDP. The estimates of the respective capital... includes estimates of the public sector capital stock. Few governments in the world do
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomygrowth 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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Greece's labour market is austerity's biggest casualty
Agoraa conservative estimate of 20,000 job losses in the accommodation and food service activities, the Greek... and the recession does not exceed the finance ministry’s estimates) and the revenue side of the budget... jobs lost, an estimated 200,000 properties in stock, the state repeatedly reducing the public
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Newsletter 101 - 23/12/2016
of reforms and privatisation measures. BoG upgraded its macro estimates, which now point to a marginal GDP growth of 0.1 percent in 2016 from a mild recession of 0.3 percent in its previous estimate... estimated that the increased use of plastic money in Q3 2015 explains the increase in VAT revenues by 600
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December retail sales seen down 2.5 pct amid tax onrush
EconomyMacroeconomypercent respectively in private consumption. The OECD estimate is less optimistic as it forecasts... to the corresponding period last year, according to the preliminary estimates of the Hellenic Confederation of Commerce and Entrepreneurship (ESEE). Retail sales are estimated below the 4-billion-euro mark
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Banks meet NPE reduction targets in Q3, adjust targets for next two years
EconomyMacroeconomyconservative estimate of a 1.2 billion increase between Q2 2017 and the end of 2019. Curing is seen as falling by 2.5 billion due to higher sales and loan write-offs. These estimates are driven by BoG... adjusted to 21.1 percent from a previous target of 36.1 percent. Most of the estimated NPE and NPL
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Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
EconomyProgrammeis estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2 percent... from the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent
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Newsletter 209 -07/06/2019
also adopted a package of permanent fiscal measures which the European institutions estimate will have...) in the first quarter (Q1) of 2019 after a decline of -0.1 percent seen in Q4 2018, provisional estimates from... have an estimated impact of around 1 percent of GDP, or 1.8 billion euros, and is seen as being
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