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  1. EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022

    EconomyMacroeconomy

    The European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February... estimates assume the relief measures that have so far cushioned the blow on the economy will not be cut

    22%

  2. IMF upgrades Greece’s GDP and unemployment rate estimates
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    to an estimate of a 0.6 percent GDP contraction in the previous WEO. It is worth noting that this is the most... with the European Commission (EC) estimate, while OECD expects Greek GDP to slip 0.2 percent this year... 2.7 percent previously. The government and the EC estimate the Greek economy will recover by 2.7

    21%

  3. New fiscal measures aim to edge Greece closer to deal with lenders
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    list submitted in late March, MoF sources told Kathimerini that the current estimate has now been reduced to 0.5 percent. The Commission estimated in its spring economic forecasts published earlier... of SYRIZA’s key pledges. Tsipras suggested this might be the case in a recent interview with Star TV

    21%

  4. Hotel industry sees investment in high-end units, but hampered by seasonality
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    , for example, four and five star hotels made up 5.8 percent and 25.3 percent of all hotels, respectively. By 2019, this had risen to 27.8 percent for four star and 20.7 percent for five-star units... and end of the peak season, showed an average increase of 11.1 percent YoY across all star categories

    21%

  5. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    pensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since

    20%

  6. Newsletter 487 - 05/12/2025

    Newsletters

    of the anger lies the scandal at OPEKEPE, the farm payments agency. Advance subsidies this year fell sharply... in the coming years. With the RRF in place until August 2026, next year’s growth estimate is 2.4%. However... markets and rating agencies - the macroeconomic estimates in the framework are cause for concern. When

    20%

  7. Where next for Greece's troubled privatisation programme under SYRIZA?

    Economy

    cancelled. The latest troika estimate on privatization proceeds was published in April 2014 in the last... to sell DEPA. In an interview with Star TV channel this week, Varoufakis also expressed his objection

    20%

  8. Newsletter 210 -07/06/2019

    Newsletters

    of GDP, around double the Greek estimate, and would, therefore, put this year’s primary surplus target... for Star puts ND on 31.3 percent, SYRIZA on 23.7, KINAL 6.2, KKE 5.1, Golden Dawn 4.6, MeRA25 3.4

    20%

  9. Banking on voters’ desire for stability, ND insists ruling majority is still achievable
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the Turkey–Libya maritime memorandum “in practice.” The government is also pushing ahead... and MPs searching for new political affiliations. Political analysts estimate that as many as 20

    19%

  10. Piraeus Port Authority lays out major development plans
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    are also planned. The commercial aspects, including the three five-star and one four-star hotel, were... an estimated 500 million euros in investments. The plan, titled “Master Plan of the Port of Piraeus... cruise ship terminal will be able to accommodate six cruise liners and bring in an estimated 580,000

    19%