Draft budget sees stronger growth, fiscal targets being met

Overall loan interest rate drops to 4.23 pct in May 03/07/2020 - 10:01
New tax debt at 2.21 bln to Mar, up by 545 mln month-on-month 01/07/2020 - 12:49
PMI rises to 49.4 points in June as manufacturing resumes 01/07/2020 - 12:04
Retail turnover drops by 24.7 pct in April, volume also down by 24.8 pct 30/06/2020 - 13:38
Economic sentiment at 87.6 in June, consumer confidence & construction show recovery 29/06/2020 - 13:35
Credit growth in May comes to 0.7 pct, positive for third month 29/06/2020 - 12:57

Draft budget sees stronger growth, fiscal targets being met

EconomyMacroeconomy 02/10/2017 - 17:41 Tags: Budget, GDP, Revenues

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.

The MoF expects that the improvement in economic confidence due to the smooth implementation of the programme will facilitate the recovery of the domestic economy in the second half of 2017, with carry over effects into 2018.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€480.00

Free Mobile Apps

Update to the latest version of the MacroPolis Apps. Access all of our daily analysis, as well as our weekly e-newsletters, at your fingertips.

Tweets by @MacroPolis_gr

You have to in order to view this content.

Most Popular

Rival parties interpret Novartis settlement differently, serving own ends 26/06/2020 - 11:49
Criticism of Athens "Great Walk" prompts debate on public spaces 02/07/2020 - 14:41
Mitsotakis-Erdogan call seen as first step to possible thaw in relations 30/06/2020 - 09:06
More flights land at airports, but tourism expectations remain grounded 01/07/2020 - 14:23
ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash 29/06/2020 - 12:14

Rise in new Covid-19 cases raises alarm on eve of reopening to tourism 09/06/2020 - 12:27
Covid-19 lockdown, slump suppress electricity demand and edge out lignite 08/06/2020 - 10:11
Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf 03/06/2020 - 11:34
Rival parties interpret Novartis settlement differently, serving own ends 26/06/2020 - 11:49

The first cut is the deepest? Greek pension reforms in context 07/06/2018 - 12:12
What brought down Golden Dawn? 27/08/2019 - 10:33
OECD sees Greek economy most at risk from Covid-19, with impact reaching up to 35 pct of GDP 31/03/2020 - 14:21
Could Greece's immigration reforms have an impact on upcoming elections? 15/05/2019 - 11:47
Is Greece facing a new migration crisis? 13/09/2019 - 12:38

Credit growth in May comes to 0.7 pct, positive for third month 29/06/2020 - 12:57
Economic sentiment at 87.6 in June, consumer confidence & construction show recovery 29/06/2020 - 13:35
New tax debt at 2.21 bln to Mar, up by 545 mln month-on-month 01/07/2020 - 12:49
Deposits rise by 1.72 bln in May 26/06/2020 - 14:52
PMI rises to 49.4 points in June as manufacturing resumes 01/07/2020 - 12:04

Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May 15/06/2020 - 15:23
GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY 04/06/2020 - 13:44
Unemployment drops to 16.2 pct in Q1, excluding furloughed workers 18/06/2020 - 13:58
Turnover in tourism drops by 6.5 pct in Q1, reflecting hotel closure impact 09/06/2020 - 12:35
Trade deficit falls by 30.3 pct in April as Covid-19 restrictions hit trade 05/06/2020 - 13:09

IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact 14/04/2020 - 16:36
Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts 16/10/2019 - 09:56
Worst ever negative employment balance recorded in March as virus measures hit 10/04/2020 - 11:00
Q2 rise of 7.7 pct in apartment prices marks 12-year high 02/09/2019 - 14:28
Primary cash balance surplus at 2.46 bln in August 18/09/2019 - 14:55