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  1. Bank of Greece sees potential for recovery, urges calm in negotiations
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Following the better-than-expected GDP outcome in the 9-month period, BoG upgraded its macro estimates... in its previous forecasts released in mid-June. BoG retained unchanged its estimates for 2017 and 2018... by 3 percent also in 2019. For 2017, BoG estimates private consumption to increase by 1.3 percent

    2%

  2. PBO sees just 2.7% growth this year, warns about private debt
    Photo by Panayiotos Tzamaros

    EconomyMacroeconomy

    , also updating its macro estimates for 2021. Following the extension of the lockdown into the full... for this year in Greece, Although the Finance Ministry’s estimates for 4.8 pct growth from the final budget... a revised figure of close to 3 pct. The PBO also provides a range of estimates, compared

    2%

  3. Newsletter 290 - 26/03/2021

    Newsletters

    , also updating its macro estimates for 2021. Following the extension of the lockdown into the full first... for this year in Greece, Although the Finance Ministry’s estimates for 4.8 pct growth from the final budget... a revised figure of close to 3 pct. The PBO also provides a range of estimates, compared

    2%

  4. Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to revise upwards their estimates for 2021 and slightly narrow their 2022 growth estimates. According to the MoF’s latest official estimates included in the final 2022 budget, the economy is seen... an expansion of 4.5 percent. Estimates are subject to revisions in the spring as the complete picture for 2021

    2%

  5. Machinations give both coalition and SYRIZA hope of winning presidential vote
    Photo by MacroPolis

    PoliticsForeign Policy

    . In such circumstances it could not be ruled out that the party’s deputies would move en masse to back

    2%

  6. Athens prepares new primary residences proposal after finding common ground with banks
    Photo by MacroPolis

    EconomyProgramme

    The Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure. The two sides ...

    2%

  7. Greek consumers take effort to lower prices into their own hands

    Society

    suit. According to estimates, there are now about 250 regular markets around Greece that allow consumers to buy directly from the producers. In Katerini, it is estimated that 40 percent of the northern

    2%

  8. Where Greek banks stand ahead of capital needs disclosure
    Photo by Harry van Versendaal

    Economy

    of the CT1 threshold and the haircut to be applied to banks’ profitability estimates included... to the Hellenic Financial Stability Fund (HFSF) capital buffer. The latter is estimated at 8-9 billion

    2%

  9. Greece unveils MTFS seeing 4.2 bln primary surplus in 2014 but just under 2 bln fiscal gap in 2015-16
    Photo by MacroPolis

    EconomyMacroeconomy

    ). In contrast, the government estimates for the next two years stand below fiscal targets, trimming... million in the payroll cost is estimated for 2015 and a further 250 million in 2016, remaining broadly

    2%

  10. Greek May CPI falls 2 pct in one of biggest drops for more than a year

    EconomyMacroeconomy

    of 0.3 percent is estimated for next year. In contrast, the OECD estimates constant deflation at around

    2%