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EC tweaks forecasts, sees 2023 growth at 1.2 pct
EconomyMacroeconomyThe European Commission updated its estimates in the latest winter forecasts, essentially retaining the view it held in the autumn, seeing modest growth of 1.2 percent in 2023, after a rise of 5.5... percent, while a 4.5 percent is expected this year and 2.4 percent in 2024. These estimates are revised
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Raging fires and deaths force government onto defensive, create dangerous mix
PoliticsGreek Politicsin Parliament about this issue. Its request came as the National Observatory said that preliminary estimates.... Preliminary estimates suggest that, so far, the destruction caused by wildfires in Greece this year
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Newsletter 403 - 24/11/2023
as the outcomes fall short of the bullish estimates. In its first budget submission for 2020 after..., the 11.7 pct rise did not meet the expectations. The bullish estimates for investments growth were
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IMF approves Article IV consultation, growth seen resilient
EconomyMacroeconomypct in 2023 and 10.7 pct in 2022. These estimates bring the IMF in line with the commitments..., which the government places at 2.9 pct. In any case both are well ahead of the estimates for the EU
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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach
EconomyMacroeconomyof 2.1 pct of GDP in 2024, which based on the initial estimates would require it to essentially double... market was steadily improving. With growth of more than 2 pct by most estimates for 2024 and assuming
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One in four Greeks in severe material deprivation; a eurozone outlier
Societyof the poor population is estimated at 47.6 percent and the percentage of the non-poor population is estimated at 20.8 percent. Although there is much there to concern Greece’s government and society
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Greece closes 2013 with 691 mln budget primary surplus despite late investment spend
EconomyMacroeconomyrevenues stem from a delay of EU revenue flows, which are estimated to be realised in the first months... and 2015. The latter is estimated by the troika at 1-1.5 billion for this year and at 2-3 billion
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A closer look at Greece's 2013 budget primary surplus of 603 mln
EconomyMacroeconomythat lower PIB revenues stem from a delay of EU revenue flows, which are estimated to be realised... and the fiscal gap for 2014 and 2015. The latter is estimated by the troika at 1-1.5 billion for this year
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OECD sees 3.3 bln euros of savings Greece can make by cutting red tape
EconomyMacroeconomyestimated in 2006 that total administrative costs amounted to 6.8 percent of GDP and that a reduction... proportion (18 percent) stems from company law and annual accounts with estimated administrative burdens
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Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP
EconomyUnpaid private debt in Greece is estimated to have reached around 160 billion euros, which corresponds to 88 percent of GDP, but was largely ignored until the last few days, when it became a key..., the pension fund of self-employed and freelancers. The former’s unpaid SSCs are estimated at 8.5
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