The Hellenic Financial Council (EDS) characterizes the budget forecast for growth by 6.1% this year as conservative. According to the forecasts of international organizations, the growth of the economy will reach the region of 7%, while pointing out three risks. In its autumn report, EDS appears optimistic about the course of the economy in 2021, […]
Tag: development
OECD: Growth 6.7% this year, 4.8% in 2022 and primary surplus 1% in 2023
By Tasos Dasopoulos The forecast for growth of 6.7% for this year and 4.8% for 2022 and 2.9% for 2023 is forecast for Greece by the OECD with the help of green and digital investments that will be made using the funds of the Fund Recovery and exports. According to the OECD report on the […]
OECD: Inflation the main risk to the outlook for the global economy
The main risk for the global economic outlook is that the current rally in inflation will last longer, with prices exceeding estimates, warns the Organization for Economic Co-operation and Development (OECD) in an analysis released today. Global growth is expected to reach 5.6% this year, to slow to 4.5% in 2022 and 3.2% in 2023, […]
ECB: Fears of fragile growth due to the Micron mutation
By Leonidas Stergiou The ECB meeting in December was set as a milestone for significant changes in monetary policy, especially for the future of the bond market program. Data from the economy, markets and businesses, combined with investor estimates and telephone surveys between Eurozone companies, give conflicting messages. At the end of October, after leading […]
EDS: Growth of 6.9% for this year, 4.5% for 2022
By Tasos Dasopoulos The Hellenic Fiscal Council considers possible the forecast for GDP growth of 6.9% in 2021 compared to the initial forecast of the draft plan for growth equal to 6.1% and 4.5% in 2022 which will include as a forecast the final draft budget of 2022 if we do not have further increases […]
The bets of the new budget
By Tasos Dasopoulos The “change of page” bet for the economy will describe the final text of the 2022 budget, which is submitted to Parliament today. The basis of the new budget will be the transition from the recovery after the recession of 9% in 2020, to growth. For 2021, after three revisions (4.8% in […]
ECB: The new risks to the economy and banks
By Leonidas Stergiou Inflation threatens fragile growth in the Eurozone as bond yields rise, with a direct negative impact on borrowing costs, bond and portfolio valuations, and government debt, especially at a time when fiscal pressures are being exacerbated by its measures. . At the same time, ECB research shows a reluctance to turn increased […]
UBS: Greece is the champion of development – The four factors that lead it to the top
Of Eleftheria Kourtali Greece will be the champion of development in the period 2022-2023 in the region of Europe, the Middle East and Africa (EMEA), as UBS points out, after the also impressive 2021. The Swiss bank continues to estimate that the growth of the Greek GDP will move to 7.9% this year and to […]
Commission: Growth of 7.1% in 2021 and 5.2% in 2022 with investment, tourism and consumption guide
LAST UPDATE: 12.18 By Tasos Dasopoulos The European Commission forecasts growth of 7.1% for this year and 5.2% for 2022 in its autumn forecasts for Greece, guided by investments from the funds of the Recovery Fund and the recovery of private consumption and tourism. The European Commission in its autumn estimates makes a significant revision […]
Knight Frank: Seven reasons to invest in Greece – Because it is a very promising story
Her Eleftherias Kourtali On the occasion of the opening of its office in Athens last summer, the multinational company Knight Frank and a leader in the field of real estate, explains why it is excited about Greece and identifies the seven “guides” of investments to the country and why it is essentially investment “magnet”. As […]
