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Greek economy slips into recession as Q1 GDP contracts by 0.2 pct QoQ
EconomyMacroeconomya dramatic downward adjustment of its GDP estimate from 2.5 percent to 0.5 percent. The Commission... in consumption. Fitch published in late March a similar estimate calling for a GDP growth of 0.5 percent..., according to the flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Wednesday
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IMF sees 0.6 pct primary deficit in 2015, lowers debt forecast below 180 pct
Economyprevious estimate of 0.5 percent released last October. The IMF estimate stands below the programme...In its latest Fiscal Monitor report, the IMF refrained from providing its estimates on Greece’s... partners. In addition, the IMF stressed that for 2015, data reflects its preliminary estimates
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Newsletter 178 -12/10/2018
growth is seen accelerating further in the last quarter of next year, with the estimate revised... by 1.8 percent, up from the April forecast of 1.7 percent. The current account deficit estimate... projections for Greece. The Fund keeps its growth estimates steady for this year, seeing real GDP
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Newsletter 429 - 28/06/2024
path in the short-term, with the estimate for this year at 2.2 pct, then 2.5 pct in 2025 and 2.3 pct in the following year. This year’s estimate by the BoG is slightly more modest than the 2.5 pct forecast of the Finance Ministry. Greece’s central bank notes that the estimates are subject to downside
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Reports raise questions about some economic policy decisions
EconomyMacroeconomyand rather stable growth path in the short-term, with the estimate for this year at 2.2 pct, then 2.5 pct in 2025 and 2.3 pct in the following year. This year’s estimate by the BoG is slightly more modest than the 2.5 pct forecast of the Finance Ministry. Greece’s central bank notes that the estimates
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Brussels flags downside risks for Greece as conflict‑driven inflation surges
EconomyMacroeconomy, projecting growth of 1.9% and raising its inflation estimate to 3.1%. Last week, in the progress report...%, with a particularly worrying estimate for investment in 2027, rising by just 1.3% - a strong...% in 2027. Iran impact What will concern the Greek authorities is that even these downward‑revised estimates
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomyof the flash estimate. The provisional estimates also showed that GDP contracted at a slightly slower pace... and by 0.2 percent in Q4 for the full-year estimate of a 0.3 percent contraction, projected by most... Statistical Authority (ELSTAT) provisional estimates displayed on Monday. The headline figure
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Moments to remember from the euro crisis
Agoraand executed left scars throughout the euro area. In the countries that had to succumb to adjustment... the euro area. Within this context, the role of the ECB and its presidents needs to be scrutinised... and today what counts is to abide by the rules, to have well-managed governance of the euro area
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IMF sees Greek growth at 2.5 pct in 2015, debt at 172.7 pct of GDP
Economy. GDP growth for 2015 was revised downward to 2.5 percent from 2.9 percent in its previous estimate six... estimates are included in the most recent reform list sent by the Finance Ministry in late March in the context of the February 20 Eurogroup agreement. The IMF revised upward its estimate on Greece’s
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GDP up by 2.3 pct year-on-year in Q1 on strong export growth
EconomyMacroeconomyestimate for imports in 2018 stands at an increase of 3.8 percent. 2018 outlook The first quarter... by 1.9 percent, from 2.5 percent previously. The estimate for next year was also downward revised..., the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday. The headline figure
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