Greece Macro Monitor (27 July, 2015)

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Greek GDP NOWcasting for Q2, Q3 & Q4, 2015; preliminary estimates of the impact of the new austerity measures  

Based on a range of macro data releases up to July 24^th, this note provides a preliminary estimate of Greece’s Q2 GDP as well as forecasts for the third and the fourth quarter of this year. It also presents a preliminary estimate of the recessionary impact of the new package of fiscal measures agreed at the July 13^th Euro Summit.

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GREECE MACRO FOCUS July 27, 2015 (GDP Nowcasting)