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PMI at 54.2 in Feb as new clients and overseas orders spur growth
EconomyMacroeconomyGreece’s manufacturing PMI increased to 54.2 points in February from 53.7 points in January, staying over the 50-mark threshold for close to two years. PMI noted that the latest reading was the best since May 2018. It also stood above the long-run serie...
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Athens hopes Biden will spur change in policy, curbing Ergodan
PoliticsForeign PolicyThe election of Joe Biden as the 46th US President has fired up expectations in Athens for a further improvement in Greek-US relations and that Washington will be supportive of Athens’s positions in its ongoing crisis with Turkey. A lot will depend on h...
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Athens braces for return of lenders, discussion about measures
PoliticsGreek Politics. “If the annual fiscal target is seen being missed or beaten, the positive fiscal measures will be increased... final deal to voters but he may take a back seat for the time being, until the details are known
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Newsletter 137 -27/10/2017
, though, is by how much the target will be beaten and how much of the excess surplus the coalition... to a consolidation of debts. Until the end of 2016, KEAO was fed by overdue contributions of more
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Fiscal matters expected to dominate talks as lenders return for post-MoU check
EconomyProgrammedepend on next year’s fiscal target being beaten as well. The reduction of the ENFIA property levy... is considering leaving open the issue of pension cuts until next April, when Eurostat will rubber stamp
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Newsletter 177 -05/10/2018
finances and the fact that the 2017 primary surplus target was beaten, a performance... the moment when Greece will be given the green light. Until now, the December 3 Eurogroup was seen
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Government sets out fiscal plan, prepares multi-bill in shadow of deadly wildfire
PoliticsGreek Politicsfor the presidency of the leftist party, Kasselakis is holding off any decision until he knows... beaten, even though the authorities say he died of natural causes. New Left MPs took part
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SYRIZA and ANEL: Far from picture-perfect
Agorafor political ends) and did not engage in a more respectful style of political debate, carrying.... Most of those who expected SYRIZA and Tsipras to provide a breath of fresh air saw their hopes wilt... they saw Tsipras and Kammenos sit around a table on the morning after the elections. If they studied
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