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In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
EconomyMacroeconomy. For 2019, the Fund sees the budget in complete balance, leaving its estimates unchanged from the previous FM. It is worth highlighting the Fund has substantially revised its fiscal estimates since the FM... primary balance was estimated at 3.8 percent this year and 4.1 percent in 2019. General government
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ND hopes economy will pick up as second stage of lockdown easing begins
PoliticsGreek Politicshad their contracts suspended, are due to return to work. The government estimates that after... available to support struggling businesses and families. The European Commission estimates.... It is estimated at 6 billion, 2.9 pct of GDP, for next year. Greece is below the euro area average
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Newsletter 333 - 01/04/2022
budget at the end of November, it resisted calls to revise its estimates on inflation. It did so despite rising energy costs at the time, and based all its estimates on a rather benign average inflation... revenues at 37 pct, while special consumption taxes are estimated at 14 pct of revenues. Just those two
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Great Expectations: Is Greece 2.0 hitting the target?
EconomyFeaturesCommission estimates that in 2022, Greece’s GDP was 2.1 percent higher than it would have been without..., the growth estimates from ELSTAT from the fourth quarter of 2023 capture a worrying investment slowdown... in the original assumptions, to the 2024 budget report, where it was estimated that a little less than
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Greece said to eye exit plan with precautionary support but no new MoU
EconomyProgrammeeuros but the government reportedly estimates that more than 10 billion will still be available after... are projected to be covered either via new bond issues or repo transactions. These government’s estimates... are due after the completion of the current troika review. According to ministry estimates, if the 7.2
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomyprevious estimates published on May 6. For 2015, OECD expects GDP to accelerate to 2.3 percent (from 1.9 percent before) and further to 3.3 percent in 2016. The OECD’s new estimates for 2014... for 2014 and 2015 respectively, 1-1.5pp better than its previous estimates. For 2016, the gg balance
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Greek Q2 growth of 0.8 pct confounds recession forecasts
EconomyMacroeconomyestimates published by the Hellenic Statistical Authority (ELSTAT) on Thursday. The released figure... estimates due to be released on August 28 will included more updated figures, including the June period. The flash estimates also displayed the year on year (YoY) GDP growth rate accelerated to 1.4 percent
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OECD sees potential for recovery in Greek economy, stresses benefits from reforms
EconomyMacroeconomya revision of the seniority premium. The OECD estimates that product and labour markets reforms... level. The organisation estimates that reforms implemented in 2010-2014 would have an impact of 5.6... percent in 2017. The OECD estimates inflation will resume as of this year with the harmonized index
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BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
EconomyMacroeconomyof 2018. Following two recessionary years, the BoG estimates a strong GDP rebound of 2.5 and 3... and gradual restoration of confidence. The BoG estimates growth of 10.8 and 12.1 percent... recovery of demand and the impact from the indirect taxes. BoG estimates that the impact of the rise
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EC lowers growth forecasts, sees fiscal targets within reach
EconomyMacroeconomyforecasts published on Thursday. As expected, the EC revised its GDP growth estimates downwards for 2017... at the same rate as in 2017 by 1.4 percent. Meanwhile, the EC upped its unemployment rate estimates...). Furthermore, the EC noted that its fiscal estimates do not incorporate the ongoing revenue administration
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