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Growing hopes that Greek recession will be milder than expected
Economypercent official forecast for 2016. On October 13, ELSTAT published its second estimate of Greece’s 2014... estimates from the Hellenic Statistical Authority (ELSTAT) came in late August, just two weeks after... percent in 2016. The Finance Ministry adopted these estimates in the 2016 draft budget tabled on October
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Newsletter 107 - 17/02/2017
, compared to a previous estimate for a mild recession of 0.3 percent in early November, and a strong... quarter, Hellenic Statistical Authority (ELSTAT) flash estimates revealed on Tuesday. The headline figure for Q4 indicates the first negative reading since Q1 2016. The flash estimates also showed GDP edged
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GDP rises by 0.5 pct in Q2 as signs of recovery emerge
EconomyMacroeconomypublished on May 11, expecting GDP to grow by 2.1 percent. The IMF estimate is slightly higher at 2.2..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Friday. ELSTAT decided to put flash estimates on hold for the time being due to methodology and data availability issues
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Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
EconomyMacroeconomyin the draft budget. It finds that the GDP growth estimate of 2.1 percent in 2018 is feasible... the draft budget for 2019, which contains its fiscal estimates as well as the underlying macro... assumptions. Specifically, private consumption growth will be double the initial estimates, growing by 1
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IMF sets out why it stands apart from eurozone on long-term growth prospects
EconomyProgrammepopulation. The IMF notes that the outward migration of working age population observed during the crisis has... the effect of reforms, at -0.4 percent during 2024-2043. Greece will need to rely heavily on reforms... output levels during the initial decade, their effects on growth wane afterwards, Even in the short-term
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Newsletter 196 -01/03/2019
reform frameworks put in place during the country’s programme are being monitored, and compliance... December, Bank of Greece (BoG) figures showed during the week. As a result, the outstanding balance... by 425.2 million during the month.
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Newsletter 335 - 15/04/2022
ID, taking the total unpaid dues during the first two months of 2022 to 2.5 billion euros. Some... trialled in parts of the country during the pandemic. Another innovation will be the use of auditors... for outdoor and indoor areas. This is due to run until August 31. During this period all businesses
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Incorporating impact of Ukraine war, EC revises growth forecast down to 3.5 pct
EconomyMacroeconomyauthorities, the two increases in the minimum wage this year, and savings that built up during the pandemic... during the pandemic, the reduction in the social insurance contributions and abolishing... remain significant, most notably due to the state guarantees that were extended during the pandemic
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Newsletter 97 - 25/11/2016
the underlying dislocation that built up during this period has sparked much introspection. While we... during that period). The declining support for the euro is also underscored by the findings of the most... (440 million). On the expenditure front, the budget estimates net savings by social security
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomyand subsequent corrective fiscal measures and targets. During an interview on Monday Finance... Theodoros Skylakakis, who is responsible for fiscal matters, said in an interview during the weekend he...The IMF released on Tuesday its latest economic estimates in the context of the World Economic
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