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  1. Govt counts cost of own energy package as hopes of coordinated EU response fade
    Photo via https://flic.kr/p/2jr5z2o

    PoliticsGreek Politics

    . The measures are equivalent to 2.2 pct of GDP, compared to 0.5 pct of GDP for 2021. There have also.... The total cost is estimated at 5 billion euros, 2.5 billion for each phase. Funding for 2022 will combine

    8%

  2. Record FDI flow into Greece raises bar, but is it sustainable?
    Image: MacroPolis

    EconomyFeatures

    , when Crédit Agricole’s ill-fated acquisition of Emporiki Bank for 2.2 billion euros brought in just.... A recent study estimated that golden visa-linked purchases in 2018 accounted for one third

    8%

  3. Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 2.2 pct this year. CPI and HICP will converge next year to 2.6 pct, from the 4 pct region... debt sustainability. The Greek economy is estimated to grow by 2.9 pct next year, from 2.4 pct

    8%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. 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%

  9. 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%

  10. Athens hopes for sub-tranche this week, ND keeps up pressure on Kammenos
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The Greek government is confident that the European Stability Mechanism’s board of directors will approve on Friday the disbursement of a loan sub-tranche of 7.7 billion euros despite a hold-up over... Central Bank, which are worth 4 billion euros and mature on July 20. Also, 0.8 billion from the 7.7

    8%