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IMF's latest macro and fiscal estimates reflect economic stability
The International Monetary Fund published this week its latest global macro and fiscal forecasts in the context of the annual meetings held in Washington. For Greece, the outlook remains positive although the IMF has a slightly more moderate take than the Greek authorities.
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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
The Greek Finance Ministry tabled in Parliament on Monday the draft budget for 2026, which sees a stable growth trajectory and a strong budget performance led by tax revenues, notably indirect taxes.
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Growth treads water as PM targets relief for households
Ahead of the PM’s recent keynote speech and extensive press conference at the Thessaloniki International Fair, ELSTAT released the latest set of GDP data for Q2, where the Greek economy’s annual growth slightly moderated to 1.7 pct year-on-year (YoY), from a 2.1 pct YoY rise in Q1.
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
Greece’s seasonally adjusted (SA) GDP grew modestly in Q2, rising by 0.6 percent quarter-on-quarter (QoQ), from a 0.1 percent increase in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
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PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
The Parliamentary Budget Office (PBO) published its quarterly report on Tuesday, where the stable economic outlook and the solid fiscal performance were reaffirmed, though the PBO does see challenges mostly due to geopolitical instability and trade-related tensions.
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Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
Greece’s seasonally adjusted (SA) GDP was virtually unchanged in Q1, rising by 0.04 percent quarter-on-quarter (QoQ), from a 0.8 percent increase in Q4, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
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OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
The OECD published on Tuesday its latest economic outlook, which sees a stable growth path for Greece, broadly in line with the latest estimates by most organisations and the Greek authorities.
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Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
The European Commission published on Monday its latest spring forecasts, which leave the macro and fiscal outlook for Greece broadly unchanged from the previous estimates, with the Greek economy seen outperforming eurozone growth by some margin.
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IMF leaves growth and fiscal estimates for Greece unchanged in latest outlook
The IMF released this week the latest macro and fiscal outlook in the context of the spring meetings. Its observations on Greece were in line with those in the recent Article IV consultations.
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Moody's upgrading Greece to investment grade puts an end to painful 15-year cycle
Moody’s upgraded Greece’s rating to ‘Baa3’ on Friday, while the outlook was revised from positive to stable. Greece has now secured the investment grade from all leading rating agencies, for the first time since the debt crisis erupted in 2010.