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Draft budget for 2027 centred on strong surplus, selective support measures
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Industrial production jumps 5.8% YoY in Aug, led by electricity supply
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CPI accelerates to 5% YoY in Sep as energy dominates
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Trade deficit widens by 3.6% YoY in Aug, at 21.18 bln over eight months
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Volatile energy and bond markets tighten pressure on government
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Draft budget for 2027 foresees positive growth and fiscal outlook in uncertain times
Greece takes next steps, including bond swap, to enhance debt profile over coming years
This week started with two developments that intend to further smooth out Greece’s debt obligations in the coming years.
The Greek authorities have for some time been trying to convince the institutions that the balance of Greece’s obligations to the IMF should be cleared and that Athens should also prepay some of the GLF instalments, from the bilateral loans of the first...
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