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  1. OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    rate as total support in 2023 is not expected to exceed 1 pct of GDP, as energy prices have..., with the picture similar in 2024, with consumption growing by 1 pct. Investments will also moderate..., from 4.6 pct last year. The unemployment rate in 2023 will drop by roughly 1 percentage point to 11.8

    8%

  2. Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    by 1 billion and corporate tax by 2.1 billion. All income tax collection in 2022 is seen reaching... at 21.56 billion, also up by roughly 1 billion euros. Revenues and spending Expenditure also beat initial... to a surplus of 5.05 billion euros, or 2.1 pct of GDP, and the total deficit to 7.49 billion euros, or 1 pct

    8%

  3. A closer look at Greece's Q3 2023 national accounts
    Photo by MacroPolis

    Agora

    to focus on efficiency and productivity, rather than on spending stimulus. Consider Figure 1 below... fundamental productivity gains?[1] The green spending (a better word than “investments”) is important...: Odysseus' Plan for the Long Journey Back to Debt Sustainability" published in 2020. [1] There could even

    8%

  4. Unemployment drops marginally to 10.8 pct in Q3
    Image: MacroPolis

    EconomyMacroeconomy

    quarter and rising by 1 percent from the same quarter of 2022. The number of economically inactive people.... The number of long-term unemployed (more than 1 year) came to 310,300 people, representing 60.3...-on-year. There were 2.6 million people in permanent jobs, a drop of 1 percent quarterly and 0.9 percent

    8%

  5. Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln

    EconomyMacroeconomy

    Greece’s central government debt recorded a drop of roughly 1 billion euros to 405.54 billion euros in Q1 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday. The Q1 debt movements... percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted

    8%

  6. Newsletter 432 - 06/09/2024

    Newsletters

    spending on health and education to the tune of 1 billion euros, pension increases which will absorb another 1 billion euros, and defence procurement. The Finance Ministry is hoping that the European... increased by 0.8 pct. Exports of goods were up by 5.2 pct QoQ and services exports increased by 1 pct

    8%

  7. Public debt at 402.11 bln in Q1, total cash reserves exceed 40 bln

    EconomyMacroeconomy

    , while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 16.5 percent and 8.4... at 365.8 billion euros, up by roughly 1 billion euros. State guarantees came to 25.73 billion euros

    8%

  8. Golden Dawn fallout forces Samaras into balancing act between country and party

    PoliticsGreek Politics

    to mop up any of the supporters who desert the far right party, which attracted 6 percent

    8%

  9. Polls show Golden Dawn support dropping after murder, New Democracy profiting most

    PoliticsGreek Politics

    voters but remained the fifth most popular party with 5 percent, behind PASOK on 6. More than 13

    8%

  10. Polls give New Democracy wafer-thin lead over SYRIZA

    PoliticsGreek Politics

    (KKE) tied in fourth place on 6 percent. Independent Greeks had 4.5 percent and Democratic Left

    8%