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  1. Newsletter 351 - 16/09/2022

    Newsletters

    challenge because as things stand Greece must turn the 2 pct of GDP primary deficit into a 1 pct of GDP... to deliver in the region of 2 billion euros of surplus before interest payments. Most such fiscal..., which in the region of 2 pct of GDP will provide the 4 billion euros needed to cover the interest

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  2. Newsletter 352 - 23/09/2022

    Newsletters

    : Greece will stick to its commitments and deliver the primary deficit of 2 pct of GDP, although... expected before. The budget impact will be 4.3 billion euros, or 2 pct of GDP, with the Transition Fund... by the ministry - barely moving above 2 pct.MacroeconomyCharts of the weekIndustrial turnover Greece

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  3. Tracking Greece's fiscal performance
    Photo by MacroPolis

    Agora

    (and the drop in debt relative to GDP) will persevere. The primary balance. Figure 2 shows the general... adjustment between €5-10 billion (2½-5 percent of GDP) is necessary to restore a sound primary.... This benefit will pass as the ECB makes further efforts to bring inflation down to around 2 percent a year

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  4. Newsletter 387 - 30/06/2023

    Newsletters

    outperformance of 2 billion euros up to May thanks to VAT and income taxes beating targets. However... dropping below 2 pct, it might struggle to continue pushing back on that front and fiscal space might get... encouraging signals for Greece as economic sentiment rose by 2 points to its highest since early 2022

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  5. PBO sees normality returning, but inflation will have multifaceted effects

    EconomyMacroeconomy

    by 10 pct, stemming from the withdrawal of support measures; and an increase of public spending by 2... growth of 2 pct. The 2 pct rise in handout spend will push up GDP growth by a negligible effect

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  6. Newsletter 388 - 07/07/2023

    Newsletters

    , and an increase in public spending by 2 pct due to improved budget performance that will generate... to a more moderate growth of 2 pct. The 2 pct rise in handout spending will push up GDP growth

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  7. IMF forecasts high primary surpluses, tempers growth expectations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    . In the World Economic Outlook (WEO), real GDP growth is seen at 2.5 pct this year, slowing down to 2 pct... pct in 2023. On the fiscal front, the primary balance is expected to double next year to 2 pct of GDP, from 1 pct in 2023 and remain above 2 pct for the whole forecast horizon up to 2028 at 2.2 pct

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  8. Newsletter 401 - 10/11/2023

    Newsletters

    in September. ND has gained almost 2 points to reach 34.1 percent, while SYRIZA has lost almost 2... the high cost of money as the stock of loans to corporations dropped by 2 pct of the total portfolio

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  9. GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY

    EconomyMacroeconomy

    . Exports decreased by 0.7 percent and imports increased by 2 percent. The export drop was led... and 2 percent in 2024. The OECD in the economic outlook last week places Greek growth at 2.4 percent this year, slowing to 2 percent in 2024.

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  10. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    year-on-year, while imports were up by 9.6 percent. Goods exports increased by 2 percent YoY, while... latest WEO released in April, the IMF sees growth of 2 percent in 2024. In its latest economic outlook in May, the OECD places Greek growth at 2 percent for this year.

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