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  1. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    published in July stands by its revised estimate for 2018 growth from 2.6 percent previously to 2 percent... by 1.9 percent, from 2.5 percent previously. The estimate for next year was also downward revised..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday. The headline figure

    2%

  2. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
    Photo by MacroPolis

    EconomyProgramme

    for the scheme. In contrast, the MoF has not altered its initial estimate of a 900-million-euro fiscal... budget will incorporate an estimate for a primary surplus of 1.8 percent of GDP, slightly lower than... and it appears the troika estimates it would further increase in the last two months of the year

    2%

  3. Debt relief, MTFS and return to bond markets on agenda after technical agreement
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyProgramme

    the programme target of 1.75 percent and higher than the 2017 budget estimate of 2 percent. Moreover... forecasts on May 11, which are expected to be downgraded from its previous estimate of 2.7 percent... sustain such large surpluses over an extended period of time” adding that it estimates a primary

    2%

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

    EconomyMacroeconomy

    growth is seen accelerating further in the last quarter of next year, with the estimate revised... by 1.8 percent, up from the April forecast of 1.7 percent. The current account deficit estimate... projections for Greece. The Fund keeps its growth estimates steady for this year, seeing real GDP

    2%

  5. IMF sees war having moderate impact on economy, while fiscal outlook remains solid
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    on 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

    2%

  6. Personal responsibility and public healthcare: Greece on a wing and a prayer
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    of civil servants following the extensive reduction of the public sector payroll during the crisis years. However, as was the case during the crisis when jobs had to be cut, recent arguments over... reductions in public spending during the bailout year. As Greece’s two leading parties were squabbling

    2%

  7. Newsletter 249 -08/05/2020

    Newsletters

    normal economic activity in the coming weeks, including welcoming at least some tourists during... for their employees’ income to be subsidised via the SURE programme. During a teleconference on Tuesday... of the year, Greece receives 70 percent of its travel revenues during the summer and, as restrictions

    2%

  8. IMF aligns Greek projections with EU, revises down GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    recession estimate of 2.3 percent to be met, GDP needs to contract by more than 5 percent in the second... environment, the Fund stressed. The IMF also lowered its long-term GDP estimate for Greece now calling... downward its GDP estimates, aligning them with those the European Commission (EC) released in mid

    2%

  9. What will it take to reverse the Greek 'brain drain'?
    Photo by Panyotis Tzamaros/Fosphotos

    Society

    left during the crisis. An ICAP survey from 2018 estimates that over 80 percent of recent emigrants... numbers moving abroad during the crisis, there have been some more subtle differences in terms of who... percent compared to 7.7 percent). It remained higher during the crisis. One of the reasons

    2%

  10. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    In its second estimate of the annual national accounts for 2015, the Hellenic Statistical Authority... billion euros, 2.38 billion above its previous estimate, while 2013 nominal GDP was slightly upped... initially estimated, while real GDP contraction remained unchanged at 0.2 percent. The revision

    2%