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PBO
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EconomyMacroeconomy
PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct Greece’s Parliamentary Budget Office (PBO) issued its Q2 2020 report in which it takes stock of the state of the economy and the impact the pandemic, as well as the lockdown measures had on economic activity between April and June.
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EconomyMacroeconomy
PBO highlights economic impact of Covid-19, calls for policies to mitigate damage The Budget office of the Greek Parliament (PBO) issued its first quarterly report for 2020 in which the early signs of the pandemic started becoming visible, although the office notes that even the latest fiscal and macro data are far from capturing the impact of the pandemic.
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EconomyMacroeconomy
IMF expects difficult year for public finances, PBO highlights impact on labour force The IMF released on Wednesday its Fiscal Monitor report, which compounded the grim picture for Greece on the budget front, after the forecast for a 10 pct in the World Economic Outlook that was published on Tuesday.
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EconomyMacroeconomy
PBO sees encouraging signs for economic and fiscal outlook The Parliamentary Budget Office (PBO) struck a rather positive note in its latest quarterly report as several fiscal and macro fronts are moving in the right direction.
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EconomyMacroeconomy
PBO highlights areas of uncertainty for 2020 budget The Parliamentary Budget Office (PBO) has followed the footsteps of the Fiscal Council by issuing its opinion on the draft budget that the government tabled last week.
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EconomyMacroeconomy PBO highlights budget, recovery risks in latest report The quarterly report of Parliament’s Budget Office (PBO) raises some concerns on the budget front as developments over the last months have increased fiscal risks, although achieving the target of 3.5 percent of GDP for this year remains feasible.
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EconomyProgramme PBO sees fiscal target being reached despite expansionary measures In its quarterly report published on Wednesday, Parliament’s Budget Office (PBO) does not share the concerns of the country’s lenders about the impact of the latest expansionary measures on fiscal targets.
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EconomyMacroeconomy
Growth conditions improving but more work needed over longer term, PBO suggests The Parliament Budget Office's (PBO) second quarter (Q2) report, published recently, examined the current economic conditions in Greece but also how exports and imports have evolved during the crisis.
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EconomyProgramme
Concern over prior actions grows, debt talks approach crucial juncture The race to complete as many of the fourth review’s 88 prior actions as possible in the coming days is dominating the Greek government’s agenda, although what will follow the conclusion of the programme also seems to be on the mind of coalition officials.
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PoliticsGreek Politics
Bond success questioned as coalition looks to build on trial issue After Tuesday’s trial bond issue, the government has set its sights on tapping the markets at least once more, possibly, twice by the time it exits the bailout programme next summer but its opponents believe any celebrations should be put on hold.