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  1. Unemployment rate stable at 23 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    OECD estimate stands at the high end, at 23.1 percent.... in the Aegean Islands. The latest estimates of the Finance Ministry (MoF), the European Commission (EC

    7%

  2. Unemployment rate slips to 23.2 pct in Feb, lowest for last five years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    optimistic estimate so far. In contrast, the European Commission foresees a higher figure of 22.8 percent, which is closer to the Finance Ministry and OECD estimates of 22.6 and 23.1 percent respectively.

    7%

  3. OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2.5 percent in projected for 2018, above its previous estimate of 1.9 percent. Private... to return but uncertainties remain. The OECD estimates that GDP will rebound by 1.1 percent in 2017

    7%

  4. Newsletter 122 - 09/06/2017

    Newsletters

    of 2.5 percent in projected for 2018, above its previous estimate of 1.9 percent. Lowering its... to return, large uncertainties remain. OECD estimates that GDP will rebound 1.1 percent in 2017

    7%

  5. Draft budget highlights taxpayer fatigue, creates policy mix doubts
    Photo by Gerarsimos Domenikos/Fosphotos

    EconomyMacroeconomy

    billion in 2017 from an MTFS estimate of 21.52 billion euros. The ministry notes that on a cash... measures with little effect. Direct taxes estimates for 2018 have also been downward revised from

    7%

  6. Eurogroup paves way for completion of third review, talks on debt relief

    EconomyProgramme

    estimate foresaw reductions of 20 percentage points and five percentage points respectively over... estimates that the total package will reduce Greece’s debt-to-GDP ratio by about 25 percentage points

    7%

  7. Newsletter 164 -08/06/2018

    Newsletters

    YoY, while imports of services rose by 7.3 percent QoQ and 13 percent YoY. The MoF’s growth estimate...) provisional estimates revealed this week. The headline figure for Q1 marks five consecutive quarters

    7%

  8. Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
    Photo by MacroPolis

    EconomyMacroeconomy

    the target by 3.57 billion euros. The MoF noted that when compared to the updated estimate for the first... the intakes against the initial budget estimates. The underwhelming tourism season in July is also

    7%

  9. PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    announced recently for Q2 2020 was deeper than its own estimate from April of -13.7 pct. Combined... by its initial estimates of an annual recession towards the adverse scenario of 8.5 to 9.4 pct

    7%

  10. BoG warns pandemic will leave trail of bad loans, hastening need for new tools
    Photo by MacroPolis

    EconomyBanking

    with the Finance Ministry’s estimate of 4.8 pct growth for 2021. BoG notes that, based on experience... on the banks’ own prudential funds. BoG estimates that as a result of the crisis new NPEs will range between 8

    7%