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  1. Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    is estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2 percent... is expected to remain robust and a major contributor to growth this year. On the other hand, exports growth... from the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent

    21%

  2. Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
    Photo by MacroPolis

    Economy

    – September). The second important development involves the robust growth rates recorded in Athens (+29.4... of the domestic economy by 0.6 percent this year. ELSTAT is due to release its flash estimate for Q3 GDP.... Following October’s impressive figures, SETE upward revised its estimates for 2014 international tourist

    20%

  3. 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%

  4. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    estimate of -0.2 percent released on August 13. The quarterly figures also indicate... by the robust tourism is likely to signal the drawn-out exit from the recession.... institutions point to a slowdown at -1.8 percent in 2014. In contrast, the more updated estimates

    20%

  5. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    year of growth for Greece in 2022 and a significant downward revision of next year’s estimate. Greece... forecast during the summer as the economy appears to be robust thanks to a buoyant tourism season... appears to be more entrenched compared to previous estimates, when in the summer the Commission

    20%

  6. Where is Greek growth coming from?
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    again, and my estimate suggests that it is now around 0.7 percent a year. Putting these supply..., but not in machinery and equipment. This mix of investment is also important for robust sustainable growth. Relative...The current setting: In early 2024, ELSTAT published the first estimates of GDP through the fourth

    20%

  7. S&P moves Greece further into investment grade with 'BBB' rating, stable outlook

    Economy

    for Greece due to limited direct trade links. S&P notes that driven by robust investment thanks... in 2024. This not only surpassed the Bank of Greece's potential growth estimate of 1.9 pct, but also... trajectory. The government is estimated to have achieved a primary surplus of around 3.5 pct of GDP

    20%

  8. Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
    Photo by MacroPolis

    EconomyBanking

    the expense of government guarantees was also reduced. On the cost front, operating expenses rose from 242..., noting it estimates the bank to become profitable mainly on the back of mid-teen PPI growth, cost

    20%

  9. Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
    Photo by MacroPolis

    EconomyBanking

    it is in the process of disposing NPLS with a value of 242 million in Romania (170 million) and Bulgaria (72... its previous more optimistic estimates on deposit gathering in Greece, the management stated during

    20%

  10. September revenues drive 9-month Greek primary surplus up to 2.53 bln

    Economy

    of 282 million in September for the third straight month resulting in a 9-month deficit of 242 million... with estimated revenues of 2.65 billion in six monthly instalments is key for the achievement

    20%