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OECD lowers 2022 growth forecast to 2.8 pct as challenges mount
EconomyMacroeconomysustainability. The OECD notes the limited direct impact that the Ukraine conflict has on the Greek economy... were only 1.1 pct of Greek travel receipts last year. The global environment, which has been
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Where are the Conservatives?
Agorathe entire economy in 10 industry groups. Nine of these groups, such as agriculture, industry, banks... measured 737,000 total employment; in 2022 it was 1.1 million.[2] We can overlap over this interval
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Return to investment grade overshadowed by flood destruction
Economyyear and maintain the goals of 1.1 pct primary balance this year and essentially double to 2.1 pct... role in the economy grew to 13.7 pct of GDP by the end of 2022. The prudent fiscal path and nominal
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Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Monday the draft budget for 2024, with Greece seen growing by 3 pct in 2024 and securing a primary surplus of 2.1 pct of GDP. The economy is seen... 20.96 billion euros. The primary surplus of 2023 will land at 1.1 pct of GDP, or 2.56 billion euros
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IMF forecasts high primary surpluses, tempers growth expectations
EconomyMacroeconomyAt the annual meetings of the IMF and the World Bank currently being held in Morocco, the Fund presented its latest global economic and fiscal estimates. The Greek economy is seen continuing..., as it is consistently the view of the IMF, with the growth forecast at just 1.1 pct in 2028. Inflation
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Fitch leaves rating unchanged at 'BBB-', outlook stable
EconomyMacroeconomy, with growth of 2.3 pct this year and 2.4 pct in 2025, comfortably beating the eurozone average of 1.1 pct... in the economy and adverse demographics, although strong commitment to reforms (particularly
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Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomythat the Greek economy would grow by 2.9 pct. Investments for this year are also seen growing by 6.7 pct... growth slightly moderates to 0.7 pct, from 1.1 pct this year, while the unemployment rate for first
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Fiscal data impressive but details suggest caution still required
EconomyMacroeconomyand social security funds at 1.1 billion euros. Greece’s fiscal picture has been consistently improving... the economy, as well as the temporary spending that had to be allocated to tackle the energy crisis
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Deposits slide by 795 mln in Apr, dropping to 198.37 bln
EconomyMacroeconomy2011. Before the debt crisis, at the end of 2009, the Greek economy had 237.53 billion in deposits... include the general government, decreased by 1.1 billion euros to 205.94 billion euros, after
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EC autumn forecasts project stable growth and fiscal outlook
EconomyMacroeconomyinto the forecast horizon. The Commission expects Greece’s economy to maintain a solid pace... surplus is seen stable at 1.2 pct of GDP in 2024 to 1.1 pct this year, reflecting a drop in the primary
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