Search
-
Newsletter 260 -31/07/2020
unchanged from its 8.1 pct estimate in April. Though uncertain, the recovery estimate remains the same... sliding to 5.1 pct and 3.4 pct of GDP over the next two years. Fiscal estimates have factored... for the award is much less than the 3.9 billion euros estimated originally. The government has made the savings
6% -
Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomypct in 2022. After that, they return to the IMF’s long-term real GDP growth estimate of 1 pct... the 8 pct on average in the previous estimate. Stressing the baseline assumptions, a lower primary... and privatisation proceeds are estimated at 2.7 billion euros over the next 10 years, both estimates broadly
6% -
Newsletter 344 - 01/07/2022
pct in 2022. Recently the OECD also revised down its estimate for this year to 2.8 pct, while... placed its estimate at 3.1 pct. Eurostat announced today Friday the HICP for June, with the latest... revised down as uncertainty hits. Official estimates were updated this week with the latest Bank
6% -
IMF sees war having moderate impact on economy, while fiscal outlook remains solid
EconomyMacroeconomyon the global outlook. For Greece, the Fund sees a stable growth path, with the 2026 estimate at 1.8 pct... the 2 pct estimate in the autumn economic outlook and broadly unchanged for the medium-term.... The estimates are broadly in line with those of the Finance Ministry and the Bank of Greece
6% -
Greece and eurozone reach tentative deal, much undecided
EconomyProgrammesubject to Eurogroup approval. It is not clear at the moment whether a successful outcome of this review... costs. It is not clear whether the return of the 10.9 billion (6.1 percent of GDP) will imminently reduce debt accordingly. As also mentioned by the Eurogroup President, this is a clear indication
6% -
Putin visit highlights potential, but also limitations, of Greece-Russia ties
PoliticsForeign Policywith Russia in the energy field. Government sources underline Greece's clear strategic choice to begin... DEPA last October in Rome will open the way for specific projects. It has become clear, though... Tsipras was quite clear during Putin’s visit regarding the limited choices that Athens has. During
6% -
IMF's outlook on debt unsustainability adds to doubts after inconclusive Eurogroup
EconomyProgrammeMonetary Fund in advance and emerged from the Brussels meeting without any clear indication of when... the programme. This means that the Eurogroup was unable to clear up any of the uncertainty surrounding the review. It is not clear when the institutions will return to Athens, what conditions
6% -
Govt in tight spot as opposition questions lockdown easing priorities
PoliticsGreek PoliticsThe one clear landmark that the government has marked out is the reopening of tourism which is set... “a clear message in all directions that the country is absolutely safe from a health standpoint.... However, pressure will continue to increase on the government to present a clear plan, even
6% -
Balance of payments shows shipping on course for bumper year, but economic benefits unclear
EconomyFeatures. Addressing the Greek shipping community in May, Prime Minister Kyriakos Mitsotakis made clear... the available evidence. However, it is clear that Greek shipping has benefitted from the overall... For the Greek economy the benefits are less clear-cut. The effect of the shipping boom on the balance
6% -
PM intervenes on bank charges as budget attracts extra support
PoliticsGreek Politicswanting to make it clear that his government is listening to its lawmakers. There have been... months, fearing that the government is on a path that means ND will not gain a clear majority... is less clear, given that this could open him up to accusations of flirting with the far right. It should
6%