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Creditors give thumbs up for 10th post-MoU review, underline pandemic legacy
The Greek authorities overcame one more hurdle in the post-programme surveillance process as the European Commission released on Wednesday the tenth report since the final programme was completed in the summer of 2018.
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Economic sentiment rises to 108.6 pts in May; industry hits 2007 high
Greece’s economic sentiment (ESI) rose sharply in May by 10.7 points to 108.6 points, following a 1 point month-on-month rise in April, European Commission figures showed on Friday.
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EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
The European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February.
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Construction revels as economic sentiment, consumer confidence rise further in April
Greece’s economic sentiment (ESI) rose by 1 point month-on-month in April to 97.9, following a five-point rise in March, European Commission figures showed on Thursday.
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Economic sentiment rises to 96.9 points in March as all sectors improve
Greece’s economic sentiment rose by 5 points month-on-month in March to reach 96.9 points, European Commission figures showed on Tuesday.
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Economic sentiment rises to 91.9 points in February despite drop in consumer confidence
Greece’s economic sentiment (ESI) rose by 1.2 points month-on-month in February to reach 91.9 points, European Commission (EC) figures showed on Thursday.
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In 9th post-bailout review, EC sees reforms slowing due to pandemic
The European Commission published on Wednesday the ninth post-programme report in the context of the enhanced surveillance agreed at the end of Greece’s third adjustment programme back in the summer of 2018.
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EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021
Within the context of its Winter Forecasts, the European Commission gave on Thursday an updated outlook on the performance of EU economies, which suggest Greece suffering a deeper recession last year and slower growth for 2021.
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Economic sentiment declines to 90.7 points in January as construction and retail strengthen
Greece’s economic sentiment (ESI) declines by 1.1 points month-on-month in January to reach 90.7 points, European Commission (EC) figures showed on Thursday.
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Economic sentiment edges up to 91.5 in Dec while services, retail and construction fall
Greece’s economic sentiment (ESI) edged up slightly by 0.5 points month-on-month in December to reach 91.5 points, European Commission (EC) figures showed on Thursday.