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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyestimates released in early November, which saw a GDP contraction of 1.4 percent. For next year, the EC and OECD expect a recession of 1.3-1.4 percent above the budget’s estimate. The upgraded MoF forecasts..., nominal GDP is now expected at 175.66 billion in 2015 (up by 1.92 billion from previous estimate
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Turkey maintains maritime pressure as Athens and Ankara court Haftar
PoliticsForeign Policyas Chevron’s decision to submit a proposal for two blocks south of Crete despite the Turkey-Libya... spatial planning (MSF) last April, but since then is trying to leverage its footprint in Libya... the Turkish-Libyan memorandum. Belgacem Haftar, the son of Khalifa Haftar and director of Libya’s
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Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact
PoliticsForeign PolicyGerapetritis and Aguila Saleh, president of Libya’s Benghazi-based House of Representatives. The meeting formed part of Athens’ regular contacts with representatives of Libya’s de facto government... of Exclusive Economic Zones among Greece, Turkey, Libya, Egypt and Cyprus. During the meeting, Gerapetritis
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If you think it's bleak for Greece now, wait until tomorrow
Agoraproductivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which
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Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
Economyin 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned
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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomynot available at the time of the flash estimate. The provisional estimates also showed GDP increased by 1.8... of 0.1 percent. For the 2016 estimate of a 0.3 percent recession to be met, Q4 GDP would have... by 0.4 percent in Q2, the Hellenic Statistical Authority (ELSTAT) provisional estimates displayed
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ND tries to quash refugee backlash, protect strong poll ratings
PoliticsGreek Politicsthey are showing “tolerance.” In contrast, a total of 36.1 percent say they feel “anger” or “disappointment.” SYRIZA’s performance in comparison is still poor as “anger” or “disappointment” sum up... by the end of this month. The Citizens’ Protection Ministry estimates that around 4,000 people can
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Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicswidespread damage and anger among residents and business owners who were affected by the extreme... of public anger in the areas affected. Riot police used tear gas and force to keep protesters away... strain on public finances, with some estimates putting the total figure as high as 4 billion euros
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Newsletter 453 - 28/02/2025
, and will no doubt fuel public anger. The committee also stated that the site of the accident... anger over the Tempe issue and the government’s inability to come up with a convincing response... estimated that when second round effects are included, the total effect on exports, including exports
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GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomypct that appeared in the 2023 final budget at the end of 2022. The most recent inflation estimate... in 2023, from 1.2 seen in the previous estimate in February. In its latest World Economic Outlook... percent QoQ. Outlook According to the latest Finance Ministry estimates included in the Stability
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