The Finance Ministry submitted to Parliament the final budget for 2024, which sees growth picking up next year and a sizable primary surplus in line with the country’s fiscal commitments that support debt sustainability.
Greece’s industrial turnover remained in contraction in September, dropping by 5.1 percent year-on-year (YoY), from a 6.4 percent decrease in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday.
Greece’s current account recorded a deficit of 404.3 million euros in September, from a surplus of 497.7 million euros in August, Bank of Greece (BoG) data showed on Monday.
Greece’s central government debt recorded a drop of almost 2 billion euros to 402.88 billion euros in Q3 2023, the Finance Ministry's (MoF) debt bulletin showed on Friday.
The European Commission published on Wednesday the latest forecasts for autumn, which are unchanged for this year and improved for next year, compared to the previous estimates in spring.
The budget primary balance came to a surplus of 6.08 billion euros in October, compared to a deficit of 350 million euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
The IMF published on Tuesday the concluding staff statement of the mission in the context of the Article IV consultations which took place recently.
Greece’s import price index continued to contract in September but at a considerably slower rate compared to recent lows as it fell by 9.2 percent year-on-year (YoY), after dropping by 14.6 percent in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
The Greek government is moving ahead swiftly with the execution of its plan to divest from the Greek systemic banks. Since Eurobank bought back a small 1.4 pct stake held by the state, the sale of the stake in Alpha Bank has been completed and the process for divestment from National Bank (NBG) shares has been launched.
Road motor vehicles going into circulation for the first time picked up further pace in October, growing strongly by 38.9 percent year-on-year (YoY), after a 15.6 percent rise in September, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.