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forecast

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Alpha Bank forecast: Coming period of uncertainty due to inflation, energy concerns

Alpha Bank forecast: Coming period of uncertainty due to inflation, energy concerns Athens-based lender Alpha Bank’s new quarterly economic bulletin on the global economy, christened “Navigator”, debuted on Thursday with a forecast – more-or-less expected – that the Greek economy will face a coming winter period of uncertainty, due to inflationary pressures and concerns over […]

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Cypriot growth to reach 5.5% this year

Cypriot growth to reach 5.5% this year Cyprus’ economy is forecast to grow by 5.5% in 2022 on better-than-expected tourism arrivals, although the outlook is tempered by energy market turbulence which will sap demand later in the year, the island’s Central Bank said on Thursday. Updated projections of economic output were 2.8 basis points higher […]

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Weather forecast: Mixed fair/rainy on Sunday

Weather forecast: Mixed fair/rainy on Sunday Overcast with sporadic rains and thunderstorms in Epirus, west and central Macedonia, Thessaly and Central Greece is forecast on Sunday. Elsewhere on the mainland and the Ionian Sea region, overcast with brief rain spells, and fair everywhere else. West-northwesterly winds registering 4-6 on the Beaufort scale. Temperatures will range […]

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Weather forecast: Rain, thunderstorms on Monday

Weather forecast: Rain, thunderstorms on Monday Rain, thunderstorms and northerly winds are forecast for Monday. Wind velocity will reach 7 on the Beaufort scale. Showers and thunderstorms in the northern parts of the country with only exception the region of Thrace where the weather will be partly cloudy. The temperatures will range from 17C to […]

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Mainly sunny weather forecast on Monday

Mainly sunny weather forecast on Monday Sunny weather with brief cloud cover in the afternoon on the mainland, and possibly some showers and storms in Western Macedonia and at higher altitudes. Winds northerly, 3-5 Beaufort. Temperatures between 18C and 33C in northern Greece, from 19C to 32C in western Greece, 19C to 34C on the […]

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Clearer skies in the forecast

Clearer skies in the forecast The weather is forecast to improve somewhat on Saturday across most of the country. Still, local showers and thunderstorms are expected at midday and in the afternoon on the mainland and on Crete, and possibly the islands of the eastern Aegean. Thunderstorms mainly in the mountainous areas of the central […]

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Greece’s Growth Higher than Forecast; Budget Deficit Lower

Greece’s Growth Higher than Forecast; Budget Deficit Lower The bronze equestrian sculpture of Revolutionary War hero Theodoros Kolokotronis in front of the old Parliament Building in Athens. Credit: George E Koronaios/CC SA4.0. UBS, the Swiss-based investment bank has considerably raised its growth forecast for Greece’s gross domestic product (GDP) for 2022, while the finance ministry […]

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Temperatures to edge down from today

Temperatures to edge down from today The National Meteorological Service has forecast some respite from the heat as of Saturday, with temperatures dropping below the 40 Celsius mark, particularly in the western and northern parts of the country, where local rainfall is likely. Precipitation events may intensify overnight in Central and Eastern Macedonia. The weather […]

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State primary deficit down by 4.6 billion euros compared to forecast

State primary deficit down by 4.6 billion euros compared to forecast Tax revenues rose impressively by almost 20% above the target in the 7th month of 2022, according to official budget data, which is partly due to the inflation “rally”. In particular, tax revenues amounted to 31,094 million euros, up by 5,167 million euros or […]

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Weather forecast: Scattered clouds on Saturday

Weather forecast: Scattered clouds on Saturday Scattered clouds, local showers and northerly winds are forecast for Saturday. Wind velocity will reach 6 on the Beaufort scale. Scattered clouds in the northern parts of the country with local showers and temperatures ranging from 18C to 32C. Cloudy in the western and eastern parts with local showers […]

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Stormy Weather Forecast For Greece As August Exodus Peaks

Stormy Weather Forecast For Greece As August Exodus Peaks Credit: AMNA Instable weather with heavy rain, storms, and, possibly, hail showers, will affect northern and central Greece from early Friday, August 12, to Monday, August 15, as Greeks prepare to celebrate the Assumption Day long weekend. According to the emergency weather warning bulletin issued by […]

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Rain, storms forecast in coming days

Rain, storms forecast in coming days Local showers are forecast on Friday in Macedonia, Epirus, Eastern Thessaly and possibly the central Ionian, which will intensify during the day. The rest of the country will initially have sunny weather with a few clouds, which will gradually swell, bringing showers and local thunderstorms to most of the […]

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High-risk day for forest fires forecast

High-risk day for forest fires forecast A total of 60 fires broke out on Sunday through Monday according to the fire department, while the risk of fire was elevated to high for Tuesday. More specifically, the Fire Risk Forecast Map issued by the General Secretariat of Civil Protection at the Ministry of Interior predicted a […]

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Weather forecast: Mixed fair/rainy, with temperatures to slightly drop on Sunday

Weather forecast: Mixed fair/rainy, with temperatures to slightly drop on Sunday Overcast with sporadic rains and thunderstorms in Epirus, west and central Macedonia, Thessaly and Central Greece is forecast on Sunday. Elsewhere on the mainland and the Ionian Sea region, overcast with brief rain spells, and fair everywhere else. West-northwesterly winds registering 3-5 on the […]

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BoG to raise growth forecast

BoG to raise growth forecast 2022 is evolving better than the Bank of Greece forecast for the Greek economy, thanks to the very good performances of tourism, with revenues expected to surpass even the record-breaking year 2019, central banker Yannis Stournaras said on Wednesday, announcing a revision to growth forecasts. He also stressed how important […]

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Cyprus central back cuts growth forecast

Cyprus central back cuts growth forecast The Central Bank of Cyprus (CBC) downgraded by 0.9 percentage points its forecasts for gross domestic product growth in 2022, due to the negative effects of the war in Ukraine and the sanctions against Russia. In a report released on Friday, it noted that the growth prospects of the […]

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Weather forecast: Hot on Saturday

Weather forecast: Hot on Saturday Mostly fair weather, high temperatures and northerly winds are forecast for Saturday. Wind velocity will reach 6 on the Beaufort scale. Temperatures will range from 20C to 41C in the northern and the western parts of the country and 22C to 42C in the eastern parts. Sunny in the Aegean […]

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Weather forecast: Mostly fair on Wednesday

Weather forecast: Mostly fair on Wednesday Mostly fair weather and northerly winds are forecast for Wednesday. Wind velocity will reach 8 on the Beaufort scale. Temperatures will range from 19C to 34C in the northern parts of the country, 22C-35C in the western parts and 20C to 35C in the eastern parts. Sunny in the […]

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Weather forecast: Fair on Monday

Weather forecast: Fair on Monday Mostly fair and northerly winds are forecast for Monday. Wind velocity will reach 8 on the Beaufort scale. Temperatures will range between 20C and 35C in the northern parts of Greece, 20C-38C in the western parts including the Ionian islands and 20C -36C in eastern Greece. Sunny in the Aegean […]

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High risk of fire forecast in five Greek regions on Thursday

High risk of fire forecast in five Greek regions on Thursday A very high risk of fire (risk category 4) is forecast for Thursday 14 July in five Greek regions, according to the Fire Forecast Map issued by the Civil Protection secretariat of the Climate Crisis and Civil Protection Ministry, ANA reports.Specifically, a very high […]

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Weather forecast: Mostly fair on Wednesday (13/7/2022)

Weather forecast: Mostly fair on Wednesday (13/7/2022) Mostly fair weather and northerly winds are forecast for Wednesday. Wind velocity will reach 6 on the Beaufort scale. Scattered clouds in northern parts of the country with temperatures ranging from 15C to 31C. Mostly fair in the western and eastern parts with temperatures between 18C and 32C. […]

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Weather forecast: Mixed fair – rainy, cooler on Sunday

Weather forecast: Mixed fair – rainy, cooler on Sunday Overcast with sporadic rains and thunderstorms in Epirus, west and central Macedonia, Thessaly and Central Greece is forecast on Sunday.  Elsewhere on the mainland and the Ionian Sea region, overcast with brief rain spells, and fair everywhere else. West-northwesterly winds registering 4-6 on the Beaufort scale. […]

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Severe weather forecast issued for Friday and Saturday in parts of Greece

Severe weather forecast issued for Friday and Saturday in parts of Greece The civil protection agency is on high alert following a severe weather warning issued by the National Meteorological Service for Friday and Saturday, especially for central and northern Greece, ANA reports.According to the forecast, this will include heavy rain and thunderstorms with very […]

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Stronger Aegean winds forecast for this summer

Stronger Aegean winds forecast for this summer A summer with enhanced meltemia winds in the Aegean is forecast, lowering the temperatures in areas where they blow but increasing the risk of fires if conditions are hot and dry. “This year’s forecasts point to trends of increased meltemia in the Aegean. The strongest meltemia will lower […]

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Weather forecast: Rain on Saturday

Weather forecast: Rain on Saturday Dense clouds and rain are expected in most parts of the country on Saturday. Northerly winds registering 3-5 on the Beaufort scale. Clouds and rain in the northern parts with temperatures up to 24C. Rain and thunderstorm in the western parts, up to 26C. Rain in the eastern parts with […]

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Intense T-storm front to pass through much of Greece on Fri.

Intense T-storm front to pass through much of Greece on Fri. Heavy thunderstorms are forecast in parts of Greece for Friday, with authorities warning of flash flooding, especially in western mainland Greece, the Thessaly province and north-central Greece, with the central mainland particularly affected. Source : Σύνδεσμος

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Weather forecast: Mostly fair on Monday (30/5/2022)

Weather forecast: Mostly fair on Monday (30/5/2022) Mostly fair and west-southwesterly winds are forecast for Monday. Wind velocity will reach 5 on the Beaufort scale. Scattered clouds in the northern parts with temperatures ranging from 15C to 31C. Some clouds with a chance of rain in the western parts in the morning and temperatures between […]

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Weather forecast: Fair on Monday; temperatures further rise

Weather forecast: Fair on Monday; temperatures further rise Mostly fair in Athens, temperatures between 13C-31C Mostly fair weather is forecast for Monday, with scattered clouds and possibility of local showers in the northern parts of the country. Northerly winds will reach 5 on the Beaufort scale. Temperatures will rise and range from 13C to 31C. […]

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No more support measures for now

No more support measures for now The European Commission has revised its forecast for Greek growth in 2022 and 2023, considerably reducing its expectations, while the Finance Ministry appears to be shelving any plans for additional support measures, despite the positive budget figures to date. In its spring estimates Brussels projected that the Greek economy […]

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EU Commission Revises Forecast for the Greek Economy Downwards

EU Commission Revises Forecast for the Greek Economy Downwards European Commission envisages a GDP growth of 3.5% in 2022 and 3.1% in 2023 (from 4.9% and 3.5% respectively) Credit: Adam Jones, CC BY 2.0 The European Commission revised its forecasts for the Greek economy downwards on Monday, envisaging a GDP growth of 3.5% in 2022 […]

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