{"id":1293,"date":"2006-07-01T16:24:19","date_gmt":"2006-07-01T13:24:19","guid":{"rendered":"http:\/\/hardouvelis.gr\/?p=1293"},"modified":"2023-08-02T15:43:34","modified_gmt":"2023-08-02T12:43:34","slug":"quarterly-economic-review-investment-recovery-supports-gdp-growth","status":"publish","type":"post","link":"https:\/\/hardouvelis.gr\/el\/quarterly-economic-review-investment-recovery-supports-gdp-growth\/","title":{"rendered":"Quarterly Economic Review: Investment recovery supports GDP growth"},"content":{"rendered":"<p>Contributors to this issue: Gikas Hardouvelis, Platon Monokrousos, Constantine Papadopoulos, Costas E. Vorlow, Theodosis Sampaniotis<br \/>\n<em>Publication: Greece Macro Monitor, Eurobank Research, July 2006<\/em><\/p>\n<p><strong>Key points:<\/strong><\/p>\n<ul>\n<li>We revise our 2006 real GDP growth forecast\u00a0upward to 3.7% from 3.4%, as higher domestic\u00a0demand growth overtakes the slack in net exports<\/li>\n<li>Strengthening residential construction activity,\u00a0higher public investment spending and improved\u00a0business sentiment point to a dynamic bounce in\u00a0investments following their year-long slump in\u00a02005<\/li>\n<li>Demand-side pressures, persistently high oil and\u00a0raw material prices and above-inflation increases\u00a0in private sector wages are likely to maintain\u00a0upside price pressures, with annual inflation\u00a0remaining above 3.0% both this year and the\u00a0next<\/li>\n<li><span style=\"line-height: 1.5;\">Expenditure restraint and strong revenue growth\u00a0<\/span><span style=\"line-height: 1.5;\">over the first half of 2006 strengthen our belief\u00a0<\/span><span style=\"line-height: 1.5;\">that the authorities will succeed in reducing the\u00a0<\/span><span style=\"line-height: 1.5;\">2006 general government budget deficit to no\u00a0<\/span><span style=\"line-height: 1.5;\">more than 3.0% of GDP<\/span><\/li>\n<\/ul>\n<p><a href=\"http:\/\/hardouvelis.gr\/wp-content\/uploads\/2018\/01\/Greece-Macro-Monitor-Quarterly-Economic-Review-July-2006.pdf\">Download Quarterly Economic Review: Investment recovery supports GDP growth pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Contributors to this issue: Gikas Hardouvelis, Platon Monokrousos, Constantine Papadopoulos, Costas E. Vorlow, Theodosis Sampaniotis Publication: Greece Macro Monitor, Eurobank<\/p>\n","protected":false},"author":1,"featured_media":4399,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,13,15,14],"tags":[3252,3253],"yst_prominent_words":[1730,2091,1683,1758,72,1896,2090],"class_list":["post-1293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-analysis","category-greece","category-15","category-14","tag-applied-research","tag-efarmosmeni-ereuna"],"acf":[],"_links":{"self":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/1293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/comments?post=1293"}],"version-history":[{"count":2,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/1293\/revisions"}],"predecessor-version":[{"id":1462,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/1293\/revisions\/1462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media\/4399"}],"wp:attachment":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media?parent=1293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/categories?post=1293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/tags?post=1293"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/yst_prominent_words?post=1293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}