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Strong fiscal performance meets hard spending limits
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Taxes continues to drive budget outperformance in September
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Energy drives 13.8% YoY jump in August import prices
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Car sales bounce back with 1.2% YoY rise in September
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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
BoG sees 2.3 pct growth this year, urges reforms to restore per capita GDP to pre-crisis levels
The Bank of Greece published its latest monetary policy report, which re-affirms the growth outlook for this year, the challenges that lie ahead for the new Greek government as well as an array of policy recommendations.
BoG says that the economy will grow by 2.3 pct this year, which is more moderate than the 6 pct noted last year, as the downturn in the eurozone is reflected and domestic private demand growth is seen normalizing.
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