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Volatile energy and bond markets tighten pressure on government
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Manufacturing stays in expansion in Sep despite slight PMI moderation
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Rises in refined oil products push producer prices up by 14.9% YoY in August
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Retail sales on the up with 6.6% YoY growth in July
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Unemployment rate drops further to 7.4% in August
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Economic sentiment slightly improves in Sep, as recovery in consumer confidence continues
Draft budget for 2027 foresees positive growth and fiscal outlook in uncertain times
The Greek Finance Ministry tabled in Parliament on Monday the draft budget for 2027, with geopolitical uncertainties and the energy crisis casting a shadow over the growth outlook and the key assumptions.
For this year, the authorities see growth slightly lower compared to the initial estimates in last year’s budget submission, with growth now seen at 2 pct, from 2.4 pct initially estimated.
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