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.
IMF ups 2021 growth forecast to 6.5 pct, but keeps modest outlook for longer termEconomyMacroeconomy
The International Monetary Fund, within the regular cycle of its World Economic Outlook (WEO) publication, was the latest international organisation to adopt a more optimistic view about Greece’s growth this year.
FinMin tables recovery budget, foreseeing across-the-board improvement in key numbersEconomyMacroeconomy
The Finance Ministry submitted to Parliament on Monday the draft budget for 2022 in which Greece is seen leaving behind the impact of the pandemic.
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.
PBO highlights exceptional factors supporting recovery, cautions against complacencyEconomy
The Parliamentary Budget Office (PBO) issued its latest quarterly report on Tuesday, noting the economic recovery but warning against complacency as the factors behind the solid GDP rebound in the second quarter are circumstantial and transitory.
GDP shows strong recovery from lockdowns with 3.4 pct growth QoQ in Q2EconomyMacroeconomy
Greece’s seasonally adjusted (SA) GDP rose by 3.4 percent quarter-on-quarter (QoQ) in the second (Q2) quarter of the year, from a slightly upwards revised 4.5 percent in the first quarter (Q1) of 2021, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Tuesday.
Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibilityEconomy
As anticipated, Fitch kept its credit rating for Greece steady at ‘BB’ with a stable outlook.
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.
BoG sees growth of 4.2 pct this year but warns of multiple challenges aheadEconomy
The Bank of Greece issued on Monday the Monetary Policy Report for 2020-2021, which was submitted to the Parliamentary Speaker and the Cabinet.
MTFS forecasts growth of up to 6.2 pct in swift economic recovery from CovidEconomyMacroeconomy
The Finance Ministry submitted to Parliament the latest Medium-Term Fiscal Strategy (MTFS) for the 2022-2025 period, during which a strong economic and fiscal recovery is anticipated following the damage inflicted by the pandemic.