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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment

    EconomyMacroeconomy

    (QoQ) in Q3 2015, at a faster pace compared to the flash estimate of -0.5 percent released two weeks...). According to today’s figures, GDP eased 1.1 percent year on year (YoY) in Q3, from flash estimate... that the difference to flash estimates is attributed to September balance of payments and quarterly date

    8%

  7. 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

    8%

  8. Newsletter 260 -31/07/2020

    Newsletters

    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

    8%

  9. Newsletter 344 - 01/07/2022

    Newsletters

    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

    8%

  10. 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

    8%