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Newsletter 373 - 10/03/2023
push this year’s growth to 2 pct, from 1.6 pct in the budget baseline. This could settle any fiscal.... If the elections are held on May 14 or 21 and a second vote is needed, this could be held on July 2
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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyfurther to 2.9 pct in 2024, falling below 2 pct by 2028, when it is expected at 1.8 pct. The current... Fiscal Monitor seeing the budget deficit fall below 3 pct this year to 2.4 pct and almost halve... than triples to 1.4 pct next year and reach 2 pct of GDP in 2027 and 2028. The cyclically adjusted
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Newsletter 379 - 05/05/2023
Greek Solution, while 20 pct are expected to back 2 smaller far-right parties. Just 4 pct say.... The Greek budget will be almost balanced by 2026, with a deficit of just 0.1 pct of GDP. This fiscal path... growth is more subdued at 2 pct in 2024 and 2025, while investments are expected to grow by 9.7
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Newsletter 399 - 27/10/2023
on the country’s fiscal pledges, with a fiscal goal of a primary surplus above 2 pct of GDP in the draft budget for next year. Greece has to deliver on this goal for decades to come and it has been... had to pay 2 billion euros more in interest. A steady positive assessment by rating agencies
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After Greece clambers back to investment grade, what lies ahead?
Agorasurplus above 2 pct of GDP in the draft budget for next year. Greece has to deliver on this goal... to September of this year, Greece had to pay 2 billion euros more in interest. A steady positive
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Bravo, Bank of Greece
Agorathe long rebound from both the Great Recession and Covid episodes.[2] The note makes forecasts for 2024... now been lifted to Euro 36 billion; a big infusion of money for Greece in a short time frame. [2... budget 2021-2027.” Amazing numbers… Bob Traa
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Newsletter 454 - 07/03/2025
for France and 3.92 pct for Italy, compared to 2 pct, 2.9 pct and 3.2 pct respectively in December... years, allowing it to weather any market turbulence. Fiscally, the budget has started 2025 on a strong... performance is structural and could be repeated in 2025, leading to a primary surplus of over 2 pct
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Debt position provides protection against global turbulence
EconomyMacroeconomypct for France and 3.92 pct for Italy, compared to 2 pct, 2.9 pct and 3.2 pct respectively... years, allowing it to weather any market turbulence. Fiscally, the budget has started 2025... fiscal performance is structural and could be repeated in 2025, leading to a primary surplus of over 2
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Newsletter 466 - 13/06/2025
of the year at 2.3 pct, as included in the budget for the year and with the ministry yet to provide... by 2 pct YoY, while it had a modest drop of 0.3 pct in constant prices. The overall investment... year-on-year (YoY), from 2 pct in the previous month. On a rolling 12-month basis the index
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Growth treads water as PM targets relief for households
EconomyMacroeconomydeceleration took H1 growth to just under 2 pct, suggesting that the economy will need a stronger second half... in the tax reform package. Although it entails lower tax rates across the scale by 2 percentage points..., personal income tax brought in the budget 14.3 billion euros, so a relief of 1.2 billion euros in taxes
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