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OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
EconomyMacroeconomyconsumption, led by minimum wage increases, and robust investment from the RRF. However, slowing... primary fiscal surpluses of 2.1 pct and 2.2 pct of GDP are seen for 2025 and 2026, respectively... for Greece, broadly in line with the latest estimates by most organisations and the Greek authorities. GDP
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BoG report highlights economic challenges, proposes way forward
Economy. Over the coming years, BoG sees growth of 1.9 percent this year, 2.1 percent next year and 2.2 percent... of institutions independence and the rule of law as strong institutions lead to robust growth rates and higher... that the European Commission estimated in its latest post-programme report in the volume of 1 percent
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Scope leaves rating unchanged at 'BBB', ups outlook to positive
Economyof the euro area, supported by robust domestic demand, a thriving tourism sector, and a wave..., and the labour market, have further strengthened growth fundamentals. Scope sees 2025 growth at 2.2 pct...-term fiscal risks. The country’s potential growth is estimated at just 1.25 pct. Externally, Greece’s
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Retail index fell by 2.2 pct in Feb but trend improving
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell by 2.2 percent year on year (YoY) in February, while volume slightly rose by 0.6 percent, according to the Hellenic Statistical Agency (ELSTAT). Both headline figures showed an improving trend for the second straight month. On a monthly basis
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Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation
EconomyMacroeconomyThe drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT). Greece has been in deflation since March 2013. Over that last two years, the highest decrease in CPI was posted in November
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Credit contraction further accelerates to 2.2 pct in November
EconomyMacroeconomyGreek bank credit contraction further accelerated to 2.2 percent in November from an upward revised 2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow stayed negative for the fifth successive month with deductions increasing to 458 million in November
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Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb
EconomyMacroeconomyGreek banks’ Eurosystem funding remained on a downward trend for the 21st successive month in March, falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank of Greece's (BoG) monthly financial statement showed on Tuesday. The outstanding balance of central bank
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Retail turnover falls by 2.2 pct in October, volume declines by 4 pct
EconomyMacroeconomyGreece’s retail sales index fell by 2.2 percent in October after a slight downward revision to 4.5 percent for September, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The headline figure interrupts seven consecutive positive readings and is the second negative reading for the year
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Wages index up by 2.2 pct in Q2 for ninth straight increase
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index rose by 2.2 percent year-on-year (YoY) in the second quarter (Q2) of 2019, following an increase of 1.8 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday. The wages index captures employees’ gross earnings, including
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Credit growth in May slows to 2.2 pct; monthly flow -17 mln
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 2.2 percent in May, compared with 2.4 percent in April, Bank of Greece (BoG) figures showed on Friday. The net lending flow was negative, with a 17 million-euro net decrease in lending compared with a decrease of 787 million euros in April
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