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GDP
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EconomyMacroeconomy
GDP growth slows in Q3 amid lower 2017 forecasts Greece’s seasonally adjusted (SA) GDP grew by 0.3 percent quarter-on-quarter (QoQ) in the third quarter (Q3) of 2017 after an upwards revised increase of 0.8 percent in the previous quarter, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Monday.
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EconomyMacroeconomy
OECD sees growth picking up, warns about society and financial sector The Organisation for Economic Co-operation and Development (OECD) became the latest body to confirm Greece’s return to solid growth next year, although it issued a conservative forecast for economic activity this year.
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EconomyMacroeconomy
Final budget sees strong growth, fiscal overperformance in 2018 The Finance Ministry tabled in Parliament on Tuesday evening the final version of the 2018 budget, which the government hopes will be the last budget of the memorandum era as the current European Stability Mechanism programme is set to be completed in August next year.
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EconomyMacroeconomy
EC sees lower growth in 2017 but no concerns for fiscal targets The European Commission remains optimistic about the Greek economy’s prospects in its Autumn forecasts, which were released on Thursday.
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EconomyProgramme
Eurogroup marks start of countdown for prior actions Greece is not on the official agenda for Monday’s Eurogroup meeting, although eurozone finance ministers are expected to receive an update from the institutions’ mission chiefs on where the third review stands.
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EconomyProgramme
Focus back on remaining prior actions after mission chiefs' visit After the week-long visit by the institutions’ heads of mission to Athens as part of the third programme review, the focus will now shift back to the implementation of the dozens of outstanding prior actions needed for the inspection to be completed.
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PoliticsGreek Politics
PM hopes to avoid stumbling blocks amid numerous outstanding review actions The institutions’ mission chiefs are due to begin talks in Athens on Monday with Greek government officials amid hopes that the third review can be concluded relatively quickly without any complications.
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EconomyProgramme
Review gathers pace as mission chiefs prepare for Athens return Technical talks between the Greek government and the institutions have resumed in Athens ahead of the return of the mission chiefs to Greece on Monday amid efforts to complete the third review as soon as possible.
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EconomyProgramme
IMF still sees fiscal gap in 2018 - no action needed, for now During the regular cycle ahead of its Autumn meetings in Washington, the International Monetary Fund released the World Economic Outlook (WEO) and Fiscal Monitor (FM) which also include the Fund’s latest macro and fiscal estimates for Greece.
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EconomyMacroeconomy
Draft budget sees stronger growth, fiscal targets being met The Finance Ministry (MoF) tabled on Monday in Parliament’s Economic Affairs Committee the 2018 draft budget, which contains its fiscal estimates as well as the underlying macro assumptions.