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Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
EconomyMacroeconomy. The IMF cut the growth estimate for the eurozone by half to 0.5 pct for next year, from 1.2 pct seen in the previous estimate in July and the eurozone’s engine Germany is now seen in a small... stable in 2023 at 12.2 pct. Overall, this is a welcome set of data estimates from the Fund as over
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GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
EconomyMacroeconomyfor the Greek economy. According to the Finance Ministry’s latest official estimates included in the final budget of 2023 that is currently debated in Parliament, the growth estimate for 2022 was 5.6 pct and 1.8 pct for 2023. The most recent inflation estimate for the national CPI is 9.9 pct
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Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
EconomyMacroeconomygeneral government debt is estimated at 317.4 billion euros, or 176.1 percent of GDP, which is lower than the 178.6 percent in April’s estimate, mostly thanks to the upward revision of GDP. Greece’s... by 2.3 percentage points from April’s 180.8 percent estimate.
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Newsletter 180 -26/10/2018
notification in April this year. The consolidated general government debt is estimated at 317.4 billion euros, or 176.1 percent of GDP, which is lower than the 178.6 percent in April’s estimate, mostly thanks... April’s 180.8 percent estimate. Meanwhile, the issue of whether pension cuts can be avoided next year
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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
EconomyBankingestimate that the pandemic will leave a legacy of around 5 billion euros in new bad loans. This is after... in the plans sent to the SSM in September. Under the baseline scenario, the four systemic banks estimate... of the securitisation, for which state guarantees will be offered, is estimated at 3 billion euros. NBG
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Newsletter 270 -23/10/2020
estimate for the national accounts and the regular cycle of base year revision that takes place every five... to 2015, from 2010. The second estimate of the previous year usually includes the use and update... Ministry has estimated this year’s recession at 8.2 pct, this was already by some margin more bullish than
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Newsletter 419 - 05/04/2024
, there is a critical mass of evidence that the Finance Ministry’s estimate of 2.9 pct will likely be out of reach. The Parliamentary Budget Office (PBO) this week released its latest estimate... per cent. The number of undecided voters is estimated at 14 pct. New Democracy is aiming
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Newsletter 437 - 18/10/2024
Statistical Authority (ELSTAT) released this week the second estimate for 2023 GDP, along with some benchmark... the growth outcome for last year, from 2 pct in the March first estimate to 2.3 pct, while of prior years..., an issue that also now manifests itself in the housing crisis. It is estimated that the shortage
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Newsletter 477 - 26/09/2025
the political system. Prorata’s proportional estimate places New Democracy at 27 percent, while Interview pegs it just under 30 percent, and Palmos records its estimated electoral influence at 29.3 percent... estimate of 22.4 percent uncertain voters and Metron’s 12.6 percent - up more than two points since
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Study estimates tax evasion costs taxpayer up to 16 bln annually
EconomyTax evasion in Greece is estimated to range from 6 to 9 percent of GDP, involving tax losses from... as a result of alcohol, tobacco and fuel smuggling, as well as corporate tax evasion, is estimated... to 2010, the Greek shadow economy was estimated at 27 percent of GDP, well above the OECD average
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