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  1. Draft budget maps out narrow fiscal path for coming years
    Image: MacroPolis

    EconomyMacroeconomy

    moderated but is still prevalent in Greece at around 3 pct. This, combined with the government’s... 2 pct of GDP and the new SGP rules that is designed to place caps on primary spending, they have

    17%
  2. VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
    Photo by MacroPolis

    EconomyMacroeconomy

    in September 2023. The overall balance is better than the target by 3 billion euros. Revenues Net revenues... of the transfers to SSFs by over 2 billion and non-allocated expenditure that is 1.37 billion euros below

    17%
  3. Little common ground found in Gerapetritis-Fidan meeting, but talks to continue
    Image: https://www.mfa.gr/

    PoliticsForeign Policy

    . In the meantime, on December 2 the two deputy Foreign Ministers Alexandra Papadopoulou and Memet Kemal... round of discussions on the so-called “positive agenda” is to take place next day, on December 3

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  4. EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    is not seen meeting the ECB objective before 2026, expected at 3 percent this year and 2.4 percent in 2025, falling below the 2 percent threshold in 2026. In the estimates in May, inflation for 2024

    17%
  5. Athens and Ankara keep eyes on domestic audiences as talks continue
    Image: https://www.mfa.gr/

    PoliticsForeign Policy

    in Athens which will focus on the political dialogue (December 2) and on the positive agenda (December 3) and the new meeting with his Turkish counterpart, Hakan Fidan. The meeting with Fidan

    17%
  6. Mitsotakis moves to quash polls speculation in aftermath of Samaras ouster
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    , would not make the cut, while Varoufakis’s MeRA25 is on the cusp with 3 pct. The poll also projects 2 pct for the Spartiates, the Golden Dawn successor party that was barred from running in the last

    17%
  7. BoG sees sustained growth and progress, but challenges require policy drive
    Photo by MacroPolis

    EconomyMacroeconomy

    imports. Inflation dropped to an average of 3 pct in 2024 (from 4.2 pct in 2023), driven by declines..., declining further toward the ECB’s 2 pct target by 2026. Core inflation, led by non-energy industrial

    17%
  8. Trade deficit jumps 18.7 pct YoY in Nov, 11M deficit at 31.51 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    euros. Imports rose by 3.9 percent, while exports dropped by 3 percent. Excluding the value of oil... billion euros, and non-EU exports were up by 2 percent at 20.54 billion euros.

    17%
  9. Debt position a bulwark against global turbulence

    EconomyMacroeconomy

    , with the German Bund at 2.6 pct, from roughly 2 pct at the start of December and the French 10-year benchmark... yield stands at 3.4 pct, from under 3 pct in mid-December. It is precisely for this type of global

    17%
  10. Newsletter 448 - 24/01/2025

    Newsletters

    Democracy MPs, plus up to 3 additional votes from independents, including former PM Antonis Samaras... dividendsThe Greek government’s economic narrative, built around growth that exceeds 2 pct

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