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Newsletter 234 -10/01/2020

Newsletters 10/01/2020 - 11:18

with Ankara, which escalated following Turkey’s decision to sign a maritime agreement with Libya... actions in Libya, as well as the two memoranda signed between Ankara and Tripoli. However, Turkey’s... reported that Athens would ideally like the target to be reduced to 2.2 pct, but that even

31%
IMF still sees fiscal gap in 2018 - no action needed, for now

EconomyProgramme 12/10/2017 - 12:58

decade, when the Greek growth estimate eases to 1 percent in 2022. This year’s GDP will be boosted... the deflation years behind, with the inflation estimate at 1.2 percent this year and 1.3 percent in 2018... forecast for 2017 which has been revised downward from the 2.1 percent July estimate. On the fiscal

31%
Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising

Economy 05/05/2015 - 14:24

before. The EC growth estimate for 2015 is lower than the latest Finance Ministry forecast of 1.4... formation estimate, which is now seen falling by 3.1 percent in 2015 versus growth of 8.4 percent... to 2.4 percent from 2.2 percent before. The Commission notes that the drop in oil prices

31%
EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022

EconomyMacroeconomy 12/05/2021 - 15:40

The European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February... estimates assume the relief measures that have so far cushioned the blow on the economy will not be cut

30%
Budget execution continues to outperform in June, led by 2.2 bln in excess taxes

EconomyMacroeconomy 18/07/2023 - 09:50

of February 2023. It was estimated that this amount would be collected in December 2022

30%
IMF upgrades Greece’s GDP and unemployment rate estimates

EconomyMacroeconomy 04/10/2016 - 16:25

to an estimate of a 0.6 percent GDP contraction in the previous WEO. It is worth noting that this is the most... with the European Commission (EC) estimate, while OECD expects Greek GDP to slip 0.2 percent this year... 2.7 percent previously. The government and the EC estimate the Greek economy will recover by 2.7

30%
Corruption claims, foreign policy missteps impede government’s efforts to build momentum

PoliticsGreek Politics 21/07/2025 - 11:14

relations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya

30%
Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct

EconomyMacroeconomy 27/02/2015 - 14:56

that the Q4 QoQ rate was downward revised for the -0.2 percent flash estimate released on February 13... to 1.7 percent in 2015 and further to 2.2 percent in 2016. Investments Gross fixed capital formation... and resulting in a 2.2 percent rise in the full year figure. Note, though, that over the past six years

29%
GDP growth slows to 0.3 pct QoQ, investments underwhelm

EconomyMacroeconomy 06/12/2024 - 12:35

, which is in line with the finance ministry’s latest estimate for the year. Outlook According to the latest Finance Ministry estimates included in the final 2025 budget, the estimate for 2024 was revised slightly down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability

29%
GDP growth slows in Q3 amid lower 2017 forecasts

EconomyMacroeconomy 04/12/2017 - 13:14

increased by 0.9 percent QoQ and dropped by 2.2 percent YoY, taking final consumption expenditure down... budget for 2018 tabled to Parliament on November 22 estimate GDP growth of 1.6 percent in 2017, revised... since the summer. They pointed to a growth rate of 2.2 percent. Last week, the OECD issued its economic

29%