Latest EC review clears path towards end of enhanced surveillance process in 2022EconomyProgramme
The European Commission published on Wednesday the latest report as part of Greece’s enhanced surveillance, moving the country one step closer to the completion of the post-programme framework.
EC sees strong recovery in 2021, solid growth in coming years underpinned by RRFEconomyMacroeconomy
The European Commission continued to revise upwards its estimates for Greek growth in 2021, moving up to 7.1 pct in the autumn forecasts released on Thursday, from 4.3 pct growth seen in the summer forecasts in July.
Discussion over PEPP, SGP draw attention to rising yieldsEconomyFeatures
The Greek sovereign debt market has enjoyed a buoyant period, largely thanks to the participation of the GGBs in the ECB’s emergency asset purchase of the pandemic codenamed PEPP, which pushed borrowing costs for the Greek state to historic lows.
Economic sentiment picks up again in Oct but consumer confidence drops for fifth monthEconomyMacroeconomy
Greece’s economic sentiment (ESI) continued growing in October, when it rose by 3.7 points month-on-month (MoM) to 112.4 points after dropping by 3.3 points in September, according to European Commission figures released on Thursday.
Economic sentiment drops off in Sept as consumer confidence falls for fourth monthEconomyMacroeconomy
Following a series of rises, Greece’s economic sentiment (ESI) dropped in September by 3.3 points month-on-month to 109.7 points, from a rise of 1.8 points in August, according to European Commission figures released on Wednesday.
Some key tasks pending as Greece edges closer to completing post-programme processEconomy
Greece formally completed the eleventh post-programme review, which took place remotely in mid-July and was followed by regular consultations, with the report published on Wednesday by the European Commission.
Economic sentiment rises to 113 points in August, but consumer and retail confidence slideEconomyMacroeconomy
Greece’s economic sentiment (ESI) rose by 1.8 points month-on-month in August to reach 113 points, European Commission figures showed on Monday.
Economic sentiment rises above 111 pts in July but consumer confidence drops furtherEconomyMacroeconomy
Greece’s economic sentiment (ESI) resumed its recovery path in July, rising to 111.2 points, from 108.7 in June, according to European Commission figures released on Thursday.
EC summer forecast sees growth edging up to 4.3 pct, driven by RRFEconomyMacroeconomy
The European Commission continues to marginally revise upwards its forecasts for Greece’s growth: In the latest summer forecasts released on Wednesday it sees the economy growing by 4.3 pct in 2021, from the 4.1 pct expected in May.
Economic sentiment stable in June, but consumer confidence dropsEconomyMacroeconomy
Greece’s economic sentiment (ESI) remained broadly stable in June at 108.7, following the sharp rise in May by 10.7 points to 108.6 points, according to European Commission figures released on Tuesday.