By Tasos Dasopoulos The prolongation of the pandemic, the price increases in energy products, but also possible delays in the implementation of development initiatives such as the Recovery Fund, are the main risks identified by the OECD and the EU and acknowledged by the Ministry of Finance for the development of 2022. The European Commission, […]
Tag: Greek Economy
Financial Council: Conservative growth forecast of 6.1% in 2021 – The three risks for 2022
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, […]
Mr Mitsotakis at a Reuters conference: Growth could exceed 4.5% in 2022
LAST UPDATE: 14.25 Greece expects to exceed the growth of 4.5% projected to have in 2022, Kyriakos Mitsotakis said today, in an interview with journalist Mark Bendeich, in the context of the Reuters NEXT digital conference, adding that the country expects a successful tourist season, unless there are serious complications with the pandemic. In particular, […]
Alpha Bank: Recent forecasts for the economy confirm expectations for ‘type V’ recovery
The significant improvement of Greece’s development perspective in the post-pandemic landscape, has a favorable effect on the state of the country’s public finances, increasing the degrees of freedom in the exercise of fiscal policy in the coming years, Alpha Bank points out in its weekly economic bulletin. According to him, the recent forecasts for the […]
SYRIZA: A. Tsipras talks about ‘dividend with loans’ and revision of budget targets
By Niki Zorba Just three days before, on Friday, an internal party quarrel broke out in SYRIZA. It went a little over the “fine” of the Syriza news because the “two sides” do not irritate the journalistic reflections in the way that Pavlos Polakis or Nikos Karanikas do. On the contrary, it concerns the most […]
Mr. Mitsotakis in the Washington Post: ‘Greece will be able to produce primary surplus from 2023’
“The economy is recovering dramatically, I expect the growth rate to exceed 7% in 2021 and 5% in 2022,” said Prime Minister Kyriakos Mitsotakis in an interview with the Washington Post and Lally Weymouth. In the interview published entitled “Greece was facing very serious problems. How Greece returned to a positive course” (Greece did in […]
GSEE Interim Report: Strong recovery in 2021, significant uncertainty in 2022
The Greek economy will experience a strong recovery this year, according to the 2021 Interim Report on the Greek Economy and Employment published today by the GSEE Labor Institute, but warns that significant uncertainty is accumulating, which obscures its sustainability. dynamics in 2022. The negative development of the 4th wave of the Covid-19 epidemic in […]
Eurobank: The best revisions for the growth rate in 2021 continue
According to the recent forecasts of the European Commission (EU), ie autumn 2021 (November 2021), the real growth rate in Greece is expected to reach 7.1% in 2021, 5.2% in 2022 and 3.6% in 2023, with a strong increase in exports and investment. Taking into account the deep recession in 2020 (9.0%) and the projected […]
Moody’s: ‘Silence’ for the second time this year – He did not evaluate Greece
Moody’s finally denied the expectations for upgrading Greece’s credit rating that had been cultivated in recent days, as for the second time this year it kept a “quiet fish” by not publishing a report on the Greek economy, as planned, closing in a rather “ignorant” way the cycle of appointments of the country with the […]
Moody’s: ‘Silence’ … for the second time this year – He did not evaluate Greece
Moody’s finally denied the expectations for upgrading Greece’s credit rating that had been cultivated in recent days, as for the second time this year it kept a “quiet fish” by not publishing a report on the Greek economy, as planned, closing in a rather “ignorant” way the cycle of appointments of the country with the […]
