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  1. Newsletter 316 - 12/11/2021

    Newsletters

    , declining even further to 1.1 pct of GDP in 2023. In the draft budget, the Greek authorities expect just

    2%
  2. Govt pleads with firms to absorb inflation as surveillance claims prompt calls for accountability
    Photo by MacroPolis

    PoliticsGreek Politics

    in an extra 1.1 billion euros of expenditure which has eaten into the fiscal space created by the higher-than

    2%
  3. OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
    Photo via http://www.oecd.org/

    Economy

    path, with the general government deficit contained to 4 pct next year and down to 1.1 pct of GDP

    2%
  4. GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on the previous quarter. Households’ spending was up by 1.1 pct QoQ, from 1.8 pct in the previous quarter

    2%
  5. High participation in bond swap provides end of year boost

    Economy

    exchange of 1.1 billion euros. The PDMA’s main purpose with this transaction is to normalise the yield

    2%
  6. Buoyed by improved tax revenues, budget deficit comfortably beats target at 7.88 bln in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    ahead of the target set in the final budget for 2022, beating it by roughly 1.1 billion euros

    2%
  7. Newsletter 321 - 17/12/2021

    Newsletters

    of the target by 1.1 billion euros. Unemployment The unemployment rate was stable in October

    2%
  8. Nov budget data confirms tax revenue outperformance at 784 mln

    EconomyMacroeconomy

    budget by 1.1 billion euros. Expenditure, excluding interest payments and the public investment

    2%
  9. Economic sentiment on up again after 4.2 pt rise in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    , dropping by 1.4 points from the previous month. Euro area ESI was 112.7 points, down by 1.1 points month

    2%
  10. Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit movement in the Greek private sector increased by 1.3 percent year-on-year in December, from a rise of 1.1 percent in November, and 0.9 percent in October, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion has remained broadly stable after reaching a peak

    2%