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Newsletter 115 - 21/04/2017
expects Greece’s domestic economy to grow at a slower pace of 2.2 percent in 2017 compared to its... to 2.7 percent, while its medium-term estimate stands at 1 percent for 2022, lower than its previous... surplus estimate projection for 2016 to 3.3 percent of GDP, from 0.1 percent in the previous WEO and 0.9
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GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
EconomyMacroeconomypercent decline in expenditure by the general government. Gross capital formation declined by 2.2... by 1 percent this year. Investments Gross capital formation declined by 2.2 percent QoQ following... published in July stands by its revised estimate for 2018 growth from 2.6 percent previously to 2 percent
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Greek pensions laid bare
Agorapensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since
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Debt relief, MTFS and return to bond markets on agenda after technical agreement
EconomyProgrammeon Thursday that the MTFS will foresee a primary surplus of 2.2 – 2.3 percent of GDP for 2017, above the programme target of 1.75 percent and higher than the 2017 budget estimate of 2 percent. Moreover... of 2.7 percent. The International Monetary Fund anticipates the domestic economy would expand by 2.2
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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomysees the Greek economy growing by 2 percent this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent. Next year’s estimate is unchanged. Despite the downward revision of this year’s growth estimate, which probably stems from the modest growth in the first
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EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
EconomyMacroeconomyis lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2 percent estimate in last year’s autumn forecasts. For next year, the policy interventions by the new... in the draft budget estimate growth will reach 2.8 percent next year, mostly led by a substantial
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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomy. Specifically, the MoF adopts the EC estimate pointing to a 2.7 percent growth in 2017 fuelled by a 1.8... percent above last year’s estimate. It is projected to increase by 3.5 percent to 182.33 billion... have been downward adjusted by 2.2 percent to 48.16 billion euros in 2016, largely reflecting
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Q4 GDP rises by 0.9 pct QoQ, taking full-year growth to 2.3 pct
EconomyMacroeconomyFinance Ministry estimates included in the final 2025 budget, the estimate for 2024 was revised slightly down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability report... by 0.5 percent QoQ and services exports increased by 2.2 percent. Imports of goods dropped by 1.4
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Debt, fiscal path still divide lenders ahead of Washington Group meeting
EconomyProgramme2.2 percent previously. The new figure is closer to the fiscal estimates of the Commission..., and slightly lower at 1.8 percent next year. The estimate for this year is a substantial revision from the WEO estimate in October, when the Fund expected Greece to grow by 2.6 percent in 2018
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Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
EconomyMacroeconomymovements in Q2 were led by growth in final consumption, where private consumption rose by 2.2 percent... in the Stability Programme for 2022-2025, the growth estimate is revised down to 3.1 pct, from the 4.5 pct figure included in the final 2022 budget. The latest inflation estimate has also been pushed up
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