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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. Is Greece on track to decouple from fossil gas?
    Photo via https://flic.kr/p/9bNvX6

    Agora

    infrastructure, as it already foresees 2.2 GW of PHES (the current capacity being 0.7 GW) and 3.1 GW... of CO2 estimated in the NECP; this, in turn, will compromise the NECP’s fundamental climate target

    8%

  5. 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%

  6. 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%

  7. 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%

  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. 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%

  10. 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%