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PBO
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EconomyMacroeconomy
PBO sees economy making soft landing, but facing challenges ahead The Parliamentary Budget Office (PBO) released its latest quarterly report on Tuesday, which highlights some of the concerns for the coming year despite notable progress on the fiscal and economic front this year.
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EconomyMacroeconomy PBO sees medium-term risks mounting, despite positive near-term outlook The Parliament Budget Office (PBO) released on Thursday its latest report, for the second quarter of the year, and notes the relative positive picture in the near-term, despite the uncertain times due to the energy crisis. However, it notes a series of challenges and risks in the medium-term.
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Economy
PBO urges continued fiscal discipline amid growing instability In its latest report covering the first quarter of 2022, the Parliamentary Budget Office (PBO) sees mixed signals for the Greek economy and expects international factors to play a key role in developments in the near term.
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Economy
PBO outlines positives from 2021, warns about uncertainty in 2022 The Parliamentary Budget Office (PBO) published its last report for 2021, in which it outlines the favourable macro and fiscal conditions evident during the first nine months of the year.
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Economy
PBO highlights exceptional factors supporting recovery, cautions against complacency 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.
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EconomyMacroeconomy PBO ups growth estimate to 3.6-4.8 pct, warns of complacency and inequality risks Following the positive developments in the first quarter of the year, when the economy only shrank by 2.3 pct on an annual basis, in its latest quarterly report the Parliamentary Budget Office shifted from its previous baseline scenario of annual growth of 2.7 pct, to the positive range of growth of 3.6 to 4.8 pct in 2021.
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EconomyMacroeconomy
PBO sees just 2.7% growth this year, warns about private debt Parliament’s Budget Office (PBO) published on Tuesday its report for the fourth quarter of 2020, also updating its macro estimates for 2021.
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EconomyMacroeconomy
PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct Greece’s Parliamentary Budget Office (PBO) issued its Q2 2020 report in which it takes stock of the state of the economy and the impact the pandemic, as well as the lockdown measures had on economic activity between April and June.
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EconomyMacroeconomy
PBO highlights economic impact of Covid-19, calls for policies to mitigate damage The Budget office of the Greek Parliament (PBO) issued its first quarterly report for 2020 in which the early signs of the pandemic started becoming visible, although the office notes that even the latest fiscal and macro data are far from capturing the impact of the pandemic.
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EconomyMacroeconomy
IMF expects difficult year for public finances, PBO highlights impact on labour force The IMF released on Wednesday its Fiscal Monitor report, which compounded the grim picture for Greece on the budget front, after the forecast for a 10 pct in the World Economic Outlook that was published on Tuesday.