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  1. FinMin sees favourable macro environment from next year, boosted by RRF
    Finance Ministry

    EconomyMacroeconomy

    As part of the wider effort to change the narrative that has often brought the government in an awkward spot during the pandemic handling since last summer, the finance minister presented..., with the finance ministry describing as realistic primary surpluses from 2023. Securing the much

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  2. After submitting RRF plan, govt turns to challenges of delivery
    Photo by MacroPolis

    PoliticsGreek Politics

    the plan, Alternate Finance Minister Theodoros Skylakakis, who has been overseeing the submission... that it “doesn’t include the majority of Greek society”, while shadow finance minister Efi Achtsioglou

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  3. Covid recession bumped pension spending to 18 pct of GDP in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Total age-related expenditure amounted to 26.4 percent of gross domestic product last year, according to figures in the Finance Ministry’s Stability Programme. Pension spending rose to 18 percent... cuts, leading to backpay for hundreds of thousands of pensioners. The Finance Ministry presented

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  4. Primary cash balance deficit at 6.14 bln in April
    Photo by MacroPolis

    EconomyMacroeconomy

    . The Finance Ministry released its own preliminary data this week that showed the primary budget... billion in the same period of 2020. However, the Finance Ministry and central bank apply different

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  5. Summer optimism undermined by uptick in Covid-19 indicators and subdued expectations for tourism
    Photo by MacroPolis

    PoliticsGreek Politics

    the capacity to receive 10 million visitors annually. Earlier this week, however, the Finance Ministry quietly.... Finance Ministry officials attributed the revision to the slow progress of vaccination roll-out

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  6. Govt on alert for possible fallout from tapering of pandemic relief measures
    Photo by MacroPolis

    PoliticsGreek Politics

    . The Finance Ministry is due to wrap up the relief drive with 2.5 billion euros of targeted support in June... their course. Finance Ministry officials say that extensive relief will only be brought back

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  7. Govt on defensive over property tax tweaks and labour bill
    Photo by MacroPolis

    PoliticsGreek Politics

    , according to the Finance Ministry. Also, about 3,500 areas will be added to the objective value system... surrounding the property tax increases for many owners, Finance Minister Christos Staikouras said

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  8. Primary cash balance deficit at 8.23 bln in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    balance showed a deficit of 2.06 billion euros. The Finance Ministry released its own preliminary..., the Finance Ministry and central bank apply different accounting methods, so the figures are not directly

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  9. Newsletter 301 - 18/06/2021

    Newsletters

    . “This government is legislating in favour of the hard core at SEV,” said SYRIZA’s shadow finance... period of 2020, the preliminary Finance Ministry (MoF) budget execution bulletin for May showed

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  10. MTFS forecasts growth of up to 6.2 pct in swift economic recovery from Covid
    Photo by MacroPolis

    EconomyMacroeconomy

    The Finance Ministry submitted to Parliament the latest Medium-Term Fiscal Strategy (MTFS) for the 2022-2025 period, during which a strong economic and fiscal recovery is anticipated following... of 11.1 pct in 2025, from 16.3 pct this year. In the presentation made by Finance Minister Christos

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