Tag: GDP

Greek GDP revised to 2.4% in 2020: European Commission winter report
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Greek GDP revised to 2.4% in 2020: European Commission winter report

Panos - Feb 14, 2020

Greece’s economy is estimated to have grown by 2.2% in 2019 and is expected to grow at or above 2% over the forecast horizon, provided that reforms…

Greek GDP growth rate at 1.3%, on annual basis, in Q1 2019
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Greek GDP growth rate at 1.3%, on annual basis, in Q1 2019

Panos - Jun 05, 2019

Greece's GDP growth rate increased at a rate of 1.3 percent, on an annualized basis, in the first quarter of 2019, and 0.2 percent on a 3-month…

Bloomberg: Athens wants to lower fiscal target for 2020-22
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Bloomberg: Athens wants to lower fiscal target for 2020-22

Panos - May 09, 2019

Bloomberg on Wednesday pointed to a Greek government initiative to persuade institutional creditors to allow a lowering of the target for an annual primary budget surplus -…

EC revises its growth rate for Greek GDP down by 0.3%
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EC revises its growth rate for Greek GDP down by 0.3%

Panos - Nov 09, 2018

The European Commission has revised its forecast for Greek economic growth in 2019 in its autumn report. The report released on Thursday predicts growth will stand at…

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Greece’s 2017 ambitious budget to include GDP growth target of 2.7%, 1.75% primary budget surplus

Panos - Sep 27, 2016

Another round of tax hikes and spending cuts, lumped together, are projected to reach 2.3 billion euros for 2017, according to information released ahead of the submission…

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ELSTAT: GDP drops 1.4% on annual basis in first trimester of 2016

Panos - May 30, 2016

The Greek statistics authority ELSTAT has published its latest provisional figures regarding the country’s gross domestic product in the first quarter of 2016. According to ELSTAT’s seasonally…

Provopoulos: “In 2008 the IMF warned that the Greek debt was 800% GDP”
GREECE
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GREECE
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Provopoulos: “In 2008 the IMF warned that the Greek debt was 800% GDP”

ilias1 - Apr 03, 2016

The former Governor of the Bank of Greece Giorgos Provopoulos revealed that the in May 2008 he the head of the IMF’s mission to Greece at the…

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ELSTAT documents 0.2% recession in the Greek economy during 2015

ilias1 - Mar 12, 2016

The Greek statistics authority ELSTAT has published its first estimates on the gross domestic product in Greece for 2015. According to ELSTAT’s figures, in volume terms, there…

ELSTAT documents 0.6% rate of recession in Q4 2015
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ELSTAT documents 0.6% rate of recession in Q4 2015

ilias1 - Feb 13, 2016

The Greek statistics authority ELSTAT has published its latest flash estimates on the gross domestic product (GDP) for the final quarter of 2015. According to ELSTAT’s figures,…

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Pension reform brings one billion euros worth of new measures

ilias1 - Jan 09, 2016

The imminent reform in the Greek pension system will be accompanied by a series of measures that aim to save about 1 billion euros, claims an article…