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Newsletter 316 - 12/11/2021
growing by 7.1 pct this year, compared to an estimate of 4.3 pct in the summer and the 6.1 pct growth estimate that the Finance Ministry included in the draft budget submitted about a month ago... growth above the Finance Ministry estimates in the draft budget of 4.5 pct, seen at 5.2 pct in 2022
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Newsletter 372 - 03/03/2023
latest research in which Greece’s growth estimate for this year is significantly revised from the 1 pct... outlook for 2024, with the estimate doubling to 4.2 pct, from 2.2 pct in January. The improved growth..., is managing to hold its ground and could grow beyond initial estimates. At the end of 2022, when
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Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
EconomyMacroeconomy, from 1.8 pct in the 2023 final budget at the end of 2022. The most recent inflation estimate for HICP... economy to grow by 2.4 pct in 2023, from 1.2 seen in the previous estimate in February. In its... by 1.5 percent QoQ. Outlook According to the latest Finance Ministry estimates included
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Newsletter 396 - 06/10/2023
on next year’s primary surplus estimate, which nearly doubles to 2.1 pct of GDP, some 5.05 billion.... Private consumption will continue to grow by 1.6 pct, though slower from the 2.5 pct estimate of 2023... authorities is certainly more bullish than some of the estimates of international organisations
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Newsletter 507 - 05/06/2026
growth estimate downwards to 1.9%, from 2.2% in the previous outlook in December. At the end of last... on household incomes and consumer spending. The IMF also placed its estimate slightly lower at 1.8... unchanged at 2.4%, while imports growth is now seen at a more moderate 2.6%. The estimates
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Rising prices and energy pressures threaten to undermine 2026 outlook
EconomyMacroeconomypeers. The OECD revised its growth estimate downwards to 1.9%, from 2.2% in the previous outlook... energy prices weighing on household incomes and consumer spending. The IMF also placed its estimate...%. The estimates of these organisations cluster around similar growth rates. The Finance Ministry
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OECD sees 3.3 bln euros of savings Greece can make by cutting red tape
EconomyMacroeconomyproportion (18 percent) stems from company law and annual accounts with estimated administrative burdens at 580 million per year. The main recommendations are: Abolish requirement to publish annual financial... estimated in 2006 that total administrative costs amounted to 6.8 percent of GDP and that a reduction
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Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP
Economyto a rise of NPLs by 3.7 billion in Q1 – almost 1 billion per month. The latest figures provided...Unpaid private debt in Greece is estimated to have reached around 160 billion euros, which..., the pension fund of self-employed and freelancers. The former’s unpaid SSCs are estimated at 8.5
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Samaras sets out New Democracy's plans for growth
Economythat ND’s programme considers GDP would grow well above 4 percent per annum until 2021. The creation... reduction in the single property tax (ENFIA), starting from 2015. The estimated revenues from ENFIA... property with an estimated total cost of 2 billion euros. ENFIA was introduced last summer replacing
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek PoliticsOrganisation to grant 30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). Funding... is estimated by SYRIZA at 1.86 billion euros and relates to: 1) Subsidized meals for 300,000 poor families (estimated cost at 756 million). 2) Restoration of the 13th pension (Christmas bonus) - equal to one
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