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  1. Primary balance at 3.25 bln in Apr, above target thanks to favourable timing
    Photo by MacroPolis

    EconomyMacroeconomy

    the target by 2.2 billion euros. The ministry notes that the overperformance is mainly due... of February 2024, with an estimated amount of 647 million euros is counted in the fiscal result of 2023

    8%
  2. Government sets out fiscal plan, prepares multi-bill in shadow of deadly wildfire

    PoliticsGreek Politics

    for this year to 2.2 pct, increasing to 2.3 pct next year. The primary surplus for this year is expected... of the trade tax for the self-employed, is estimated to include interventions worth 1.2 billion

    8%
  3. Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    its time in office. Growth for this year is seen at 2.2 pct, when the 2024 budget had assumed... consumption in 2024 is seen growing by 1.7 pct, exports are estimated up by 4.2 pct and imports will rise

    8%
  4. Here's why IOBE think tank sees Greek economy growing 0.7 pct this year

    Economy

    The larger part of the crisis is already behind us and the official estimate for a GDP rebound... retreating this year by 2 to 3 percent (from a previous estimate that they would rise by 5 to 8 percent), yet... components are quite different compared to the official projections as well as its previous estimates

    8%
  5. Greek economy slips into recession as Q1 GDP contracts by 0.2 pct QoQ
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    a dramatic downward adjustment of its GDP estimate from 2.5 percent to 0.5 percent. The Commission... in consumption. Fitch published in late March a similar estimate calling for a GDP growth of 0.5 percent..., according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Wednesday

    8%
  6. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    , which is significantly lower than the previous estimate of 6.8 percent. However, a strong rebound... for 2016, which is broadly similar to the previous estimate. According to the OECD, gains... estimates to 0.1 percent in 2015 from 2.3 percent in its previous forecast published last November

    8%
  7. IMF sees 0.6 pct primary deficit in 2015, lowers debt forecast below 180 pct

    Economy

    previous estimate of 0.5 percent released last October. The IMF estimate stands below the programme...In its latest Fiscal Monitor report, the IMF refrained from providing its estimates on Greece’s... partners. In addition, the IMF stressed that for 2015, data reflects its preliminary estimates

    8%
  8. Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
    Photo by MacroPolis

    EconomyMacroeconomy

    of the flash estimate. The provisional estimates also showed that GDP contracted at a slightly slower pace... and by 0.2 percent in Q4 for the full-year estimate of a 0.3 percent contraction, projected by most... Statistical Authority (ELSTAT) provisional estimates displayed on Monday. The headline figure

    8%
  9. Consumption and investments drive Q3 GDP growth of 2 pct YoY
    Image: MacroPolis

    EconomyMacroeconomy

    quarter of the year if the 2.2 pct growth forecast for the year of the finance ministry is to materialise... QoQ. Outlook In the final 2026 budget, the Finance Ministry sees growth at 2.2 pct for 2025 and 2.4 pct next year. The Bank of Greece (BoG) sees 2025 growth at 2.2 pct The European Commission in its

    8%
  10. IMF sees Greek growth at 2.5 pct in 2015, debt at 172.7 pct of GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    . GDP growth for 2015 was revised downward to 2.5 percent from 2.9 percent in its previous estimate six... estimates are included in the most recent reform list sent by the Finance Ministry in late March in the context of the February 20 Eurogroup agreement. The IMF revised upward its estimate on Greece’s

    8%