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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyyear-on-year, while imports were up by 9.6 percent. Goods exports increased by 2 percent YoY, while... latest WEO released in April, the IMF sees growth of 2 percent in 2024. In its latest economic outlook in May, the OECD places Greek growth at 2 percent for this year.
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Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
EconomyMacroeconomyinclude bodies of the wider public sector were 41.94 billion, up by roughly 2 billion euros... by roughly 2 billion euros. State guarantees came to 26.34 billion euros on debts and 2 billion euros
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PM finalises relief measures in ambitious but risky move to sway voters
PoliticsGreek Politicsto 2 billion euros. The interventions are due to be announced when Mitsotakis makes the keynote speech... and unspent EU recovery funds. By confining the ultimate volume of the package to 2 billion euros, around 1... now feel squeezed by inflation and stagnant real wages. By delivering 1.5–2 billion euros
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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomyeconomy growing by 2 pct this year and in 2026, with both estimates below the outlook the Greek... Outlook (WEO) of April that expected the economy in 2026 to grow by 1.8 pct, and 2 pct this year... by 3.1 pct this year and by 2.5 pct in 2026, moderating to 2 pct by 2030. The current account
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Government’s growth ambitions meet RRF reality
EconomyMacroeconomyby 0.6 pct quarter-on-quarter and 2 pct compared to the same period last year. Growth over the first nine months averages 2 pct, and strong private spending during the festive season will be needed... to 2 pct in 2026, or slightly below, with Capital Economics the latest to predict 1.8 pct for next year
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Industry turnover and new orders’ indices rebounded in July
Economyhigh of 48.7 in August, closer to the all-important 50 threshold, signalled a stable trend in new
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Is VAT all you've got?
Agorathat a nightclub drink would soon be about 50 cents cheaper. For the government, though
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Greek industrialists decry conditions as another major firm moves its HQ abroad
Economydouble digit decline figures on an annual basis, some having lost more than 50 percent from
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If Golden Dawn MPs quit Parliament, would Greece go to elections? It's complicated
PoliticsGreek Politics. At the moment the conservatives have 127 MPs to the leftists’ 72. However, this includes the 50 extra seats ND... with the mainstream parties. It has been suggested that this could lead the party’s 18 MPs to resign en masse... criteria this would happen. It is certain that were the Golden Dawn MPs to resign en masse
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Samaras and Venizelos rule out elections but can't be sure they won't happen
PoliticsGreek Politics. However, this includes the 50 extra seats ND received for being first past the post in last June’s... that have not been arrested by suggesting they would not dare to resign en masse and create
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