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  1. EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    Economy

    GDP estimates with those incorporated in Greece’s 2016 budget calling for GDP growth in 2015 and contraction of 0.7 percent in 2016. The previous EC estimates last November saw a recession of 1.4... the EC’s revised estimates, unemployment is now seen at 25.1 percent in 2015 (from 25.7 percent

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  2. IMF sees contraction of 0.6 pct this year before strong rebound in 2017
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    rebounding by 2.7 percent in 2017. Both estimates are broadly in line with those of the European... forecasts pointed to a jobless rate of 27.1 percent in 2017. It is worth noting that the latest EC estimates... forecast. It estimates inflation will rise by 0.6 percent in 2017. After a zero current account (C

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  3. IMF sets out why it stands apart from eurozone on long-term growth prospects
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyProgramme

    of the region’s average. Given this historical record the IMF estimates in steady state a 0.4 percent total... the -0.5 starting point and achieve even the modest 1 percent growth that the IMF estimates for the next half century. Estimates by the OECD and in the literature presented in the IMF’s documentation

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  4. Athens starts MTFS process with baseline scenario that sees growth slowing down
    Photo by MacroPolis

    Economy

    percent in 2023. The estimates are more modest than last year, when 2019 was expected to grow by 4.1...’s estimates, 2019 was forecast to grow by 2.9 percent, 2020 by 2.5 percent, 2021 by 2.3 percent and 2.1 percent for 2022. The downward revision in growth estimates compared to last year mostly stems

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  5. Newsletter 196 -01/03/2019

    Newsletters

    , 3.6 percent in 2022 and 3.6 percent in 2023. The estimates are more modest than last year, when 2019... in 2023. Compared to last year’s estimates, 2019 was forecast to grow by 2.9 percent, 2020 by 2.5 percent, 2021 by 2.3 percent and 2.1 percent for 2022. The downward revision in growth estimates

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  6. BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
    Photo by MacroPolis

    Economy

    to potentially exceed the current growth estimates for 2019 of 1.9 percent. For the next two years... previous estimates thanks to a stronger 2019 and some of the policies that the new administration has adopted, yet below the estimates of the Finance Ministry in the latest budget. According to BoG, private

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  7. Budget primary surplus confirmed at 6.95 bln in Nov
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    monthly primary balance’s surplus showed an increase of 27.9 percent. The MoF estimates in its latest... estimates contained in the 2020 budget, the budget balance is expected to land at 3.55 billion at the end.... The 2020 budget estimates net revenues to reach 55.03 billion by the end of this year. Expenditure

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  8. S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
    Photo by MacroPolis

    Economy

    of fiscal support and deferrals in the volume of 15 billion, or 7.5 pct of GDP according to S&P estimates... 157 pct in 2019. S&P estimates the total liquidity reserve at roughly 20 pct of GDP, a factor... current estimates that would erode the liquidity reserves of the authorities would lead

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  9. EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed

    EconomyMacroeconomy

    in the spring estimates. This moves the country from the worst-hit economy this year behind Italy, which.... In the previous estimates, Italy was seen contracting by 9.5 pct, Spain by 9.4 pct and France 8.2 pct. Overall, the Commission had to downward revise its estimates for the euro area and EU, with eurozone

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  10. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    . The IMF estimates Greece going into a deep current account deficit of 7.7 pct of GDP, from a 2.1.... The Fund is broadly in line with the fiscal estimates of the Finance Ministry this year and for 2021, although there is some divergence in the debt level estimates that Athens does not see exceeding 200

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