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Extra taxation did not increase revenues in 2017
EconomyFeaturesbillion euros, 589 million euros higher than the figure for 86.78 billion in 2017. In 2017, the total... translates into 0.8 percent of GDP. The primary balance exceeded 7 billion euros, standing at 7.08... in 2016 when the latest figures report a total balance of 0.6 percent of GDP, or 1.09 billion euros
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammemore ambitious debt relief interventions than the eurozone lenders were willing to consider... programme from 3 months Euribor rates to fixed rates of 94 basis points. This involves more than 52.... This leads to a nominal GDP level that is 3 percent lower in 2028 than it was anticipated in March
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Newsletter 252 -29/05/2020
than apply for the government’s SURE-backed employment support scheme. In his response to SYRIZA... one unit of NPE reduction is lower via the bad bank than via securitisations. Stournaras is reportedly... testing them when they arrive. ” 2 Primary balance at deficit of 1.52 bln April figure shows
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North Macedonia's road to Brussels: Breaking the vicious cycle
Agorapartisanship. The borders were much more porous for illiberal democracy and populism than for the import... much livelier than the debate, based on analysis, on how the existing agreements are being... corridors in the neighborhood belonging to the EU rapidly developed with EU funds. The balance
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Unemployment drops to 15.8 pct in December, lowest since February
EconomyMacroeconomyemployed if the duration of their contract suspension is less than three months or if they receive more than 50 percent of their salary. The data showed that there were 24,332 fewer unemployed people... available data from the Labour Ministry’s Ergani database for January showed the balance was positive
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Newsletter 314 - 29/10/2021
than to be pulled in one direction or the other by the prevailing political winds and the promise... and SYRIZA being the two powerhouses rather than ND and PASOK, as was the case in previous decades..., vaccination rates in Greece remain some way below the EU average as less than 65 pct of the total
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Travel surplus of 1.27 bln in Oct as receipts reach 58 pct of 2019 levels in 10 months
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 1.27 billion euros in October, from 2.06 billion... is encouraging because aside from more than doubling from the roughly 490 million euros figure last year, it is even higher than the 1.2 billion euros recorded in October 2019. Receipts came to 1.44 billion
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Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
Economy, although there was some market anticipation that better-than-expected macro data could have led... by improved GDP outcomes and improved picture regarding Greek banks’ balance sheets, thanks... is significantly higher than the 4.3 pct estimate in July last year when it published its previous review
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Newsletter 324 - 21/01/2022
for KINAL is more than just a temporary bounce after Androulakis took the helm. It should be noted... Committee, should be elected directly by the membership rather than by delegates at the party conference..., from 169 million euros in November 2020. However, the balance of goods is also deteriorating
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Newsletter 371 - 24/02/2023
in these measures, hoping they will tip the balance in its favour over the coming weeks. Opinion polls continue... the average deal size also rose by 54 million euros. The value of deals more than doubled to 10.4 billion... than 40 pct of the total deals of last year, led by the sale of Chipita to Mondelez for 1.37 billion
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