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Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
EconomyMacroeconomyAfter two years of fiscal relaxation across the eurozone thanks to the activation of the escape clause, allowing fiscal rules to be eased so governments could cushion the blow of the pandemic, Greece’s future fiscal path started to take shape over the last few days.
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Economic sentiment holds in Mar as consumer confidence falls sharply
EconomyMacroeconomyGreece’s economic sentiment (ESI) dropped by 0.8 points in March to 113.2 points, from 114 points in February, according to European Commission figures released on Wednesday.
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Economic sentiment stable in Feb, consumer confidence improves
EconomyMacroeconomyGreece’s economic sentiment (ESI) stayed broadly unchanged in February at 114 points, from 114.2 in January, according to European Commission figures released on Friday.
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Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
EconomyProgrammeGreece has one more step to take before it completes its post-programme surveillance after the institutions published the report that accompanies the latest review, the thirteenth since the summer of 2018 when Greece agreed to a number of commitments that are due to be delivered by this summer.
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Economic sentiment on up again after 4.2 pt rise in Jan
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued its upward trend in January, after a pause in December, increasing by 4.2 points to 114.2, according to European Commission figures released on Friday.
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Economic sentiment drops by 3.1 pts in Dec, little change in consumer confidence over year
EconomyMacroeconomyGreece’s economic sentiment (ESI) took a pause in December, dropping by 3.1 points to 110.3, from 113.4 in November, according to European Commission figures released on Friday.
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Economic sentiment back up to pre-pandemic levels, reaching 113.4 pts in Nov
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued improving in November, rising by 1 point month-on-month (MoM) to 113.4 points, following a 3.7-point rise in October, according to European Commission figures released on Monday.
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Public sector hires under scrutiny again with more in the pipeline
PoliticsGreek PoliticsThe latest enhanced surveillance report from the European Commission urged the Greek government to keep a close watch on the public sector payroll, which is once again growing at a significant pace.
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Latest EC review clears path towards end of enhanced surveillance process in 2022
EconomyProgrammeThe 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.
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EC sees strong recovery in 2021, solid growth in coming years underpinned by RRF
EconomyMacroeconomyThe 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.