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  1. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    published in July stands by its revised estimate for 2018 growth from 2.6 percent previously to 2 percent... 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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  2. Newsletter 15 - 13/02/2015

    Newsletters

    for. But, as with all journeys, success or failure will be judged by where it ends. This is yet to be decided... institutions and Greek government estimates of 0.6 percent. The slight growth in GDP bet troika... for Greek banks peaked to 124 billion in May 2012. It is estimated that the bulk of this collateral

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  3. Finance Ministry targets 3 bln from unpaid taxes

    EconomyMacroeconomy

    respectively. The total amount of unpaid taxes yet to be paid by people and firms that owes up... on SYRIZA’s estimates. The effective unpaid tax debt of 9 billion mainly involves obligations... and methodology, Valavani unveiled that the effective (recoverable) unpaid tax debt is estimated

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  4. What will it take to reverse the Greek 'brain drain'?
    Photo by Panyotis Tzamaros/Fosphotos

    Society

    , information is not yet forthcoming, and the resulting uncertainty undermines any potential benefits flowing... left during the crisis. An ICAP survey from 2018 estimates that over 80 percent of recent emigrants... the “mass exodus” of key professions can be misleading. For example, while an estimated 17,500 Greek

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  5. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
    Photo by MacroPolis

    EconomyProgramme

    for the scheme. In contrast, the MoF has not altered its initial estimate of a 900-million-euro fiscal... budget will incorporate an estimate for a primary surplus of 1.8 percent of GDP, slightly lower than... and it appears the troika estimates it would further increase in the last two months of the year

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  6. Debt relief, MTFS and return to bond markets on agenda after technical agreement
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyProgramme

    the programme target of 1.75 percent and higher than the 2017 budget estimate of 2 percent. Moreover... forecasts on May 11, which are expected to be downgraded from its previous estimate of 2.7 percent... sustain such large surpluses over an extended period of time” adding that it estimates a primary

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  7. IMF raises growth forecast for 2019, lowers sharply medium-term expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    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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  8. Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    pct in 2022. After that, they return to the IMF’s long-term real GDP growth estimate of 1 pct... the 8 pct on average in the previous estimate. Stressing the baseline assumptions, a lower primary... and privatisation proceeds are estimated at 2.7 billion euros over the next 10 years, both estimates broadly

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  9. IMF sees war having moderate impact on economy, while fiscal outlook remains solid
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    on the global outlook. For Greece, the Fund sees a stable growth path, with the 2026 estimate at 1.8 pct... the 2 pct estimate in the autumn economic outlook and broadly unchanged for the medium-term.... The estimates are broadly in line with those of the Finance Ministry and the Bank of Greece

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  10. BoG Monetary Policy Report positive on programme end but advises caution for future targets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    notably in the area of public administration and independent authorities will be key in securing... and the commitment by the Eurogroup to reassess the debt matter in the future should growth estimates not materialise.... BoG’s estimates are broadly in line with the other international organisations and institutions

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