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GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY
EconomyMacroeconomy. Exports decreased by 0.7 percent and imports increased by 2 percent. The export drop was led... and 2 percent in 2024. The OECD in the economic outlook last week places Greek growth at 2.4 percent this year, slowing to 2 percent in 2024.
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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyyear-on-year, while imports were up by 9.6 percent. Goods exports increased by 2 percent YoY, while... latest WEO released in April, the IMF sees growth of 2 percent in 2024. In its latest economic outlook in May, the OECD places Greek growth at 2 percent for this year.
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Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
EconomyMacroeconomyinclude bodies of the wider public sector were 41.94 billion, up by roughly 2 billion euros... by roughly 2 billion euros. State guarantees came to 26.34 billion euros on debts and 2 billion euros
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PM finalises relief measures in ambitious but risky move to sway voters
PoliticsGreek Politicsto 2 billion euros. The interventions are due to be announced when Mitsotakis makes the keynote speech... and unspent EU recovery funds. By confining the ultimate volume of the package to 2 billion euros, around 1... now feel squeezed by inflation and stagnant real wages. By delivering 1.5–2 billion euros
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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomyeconomy growing by 2 pct this year and in 2026, with both estimates below the outlook the Greek... Outlook (WEO) of April that expected the economy in 2026 to grow by 1.8 pct, and 2 pct this year... by 3.1 pct this year and by 2.5 pct in 2026, moderating to 2 pct by 2030. The current account
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Government’s growth ambitions meet RRF reality
EconomyMacroeconomyby 0.6 pct quarter-on-quarter and 2 pct compared to the same period last year. Growth over the first nine months averages 2 pct, and strong private spending during the festive season will be needed... to 2 pct in 2026, or slightly below, with Capital Economics the latest to predict 1.8 pct for next year
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Iran war begins to bite as costs rise and confidence falls
EconomyMacroeconomyforecast is now lower at 2 pct, down from 2.4 pct in the previous estimate, while inflation is seen... at 1.5 pct, compared with 2 pct last year. The PMI data for April capture the scale of the challenge... in the region of 2 pct, with the latest WEO two weeks ago estimating 1.8 pct for this year. It is hard
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Economic sentiment moderates slightly in July, while consumer confidence rises
EconomyMacroeconomythe rolling 12-month period, July’s ESI is roughly 2 points below August 2025. The average ESI...) dropped markedly to 115.2 points, from 118 points in the previous month. The EEI has improved by over 2... to 28.2 points from 24.7 points in the previous month. The index is higher by 2 points on the rolling
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Economy holds steady in Q2 but autumn set to pose more and tougher tests
EconomyMacroeconomy. This marks a slight acceleration from the 0.2% QoQ growth in Q1 and a minor slowdown from the 2% year... exports of goods and services were up 2% and imports rose 3.7%. Quarterly, household consumption... bypasses the Strait of Hormuz. Fuel prices at the pump are now consistently above €2 per litre
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Coalition in a bind as debt relief slips away and more austerity looms
PoliticsGreek PoliticsThe possibility of having to implement around 2 billion euros in new austerity measures next year and not discovering what form further debt relief might take until the middle of 2014 has suddenly... the government can find all of the extra 2 billion euros, or more than 1 percent of GDP, it will need
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