Search
-
Newsletter 351 - 16/09/2022
challenge because as things stand Greece must turn the 2 pct of GDP primary deficit into a 1 pct of GDP... to deliver in the region of 2 billion euros of surplus before interest payments. Most such fiscal..., which in the region of 2 pct of GDP will provide the 4 billion euros needed to cover the interest
11% -
Newsletter 352 - 23/09/2022
: Greece will stick to its commitments and deliver the primary deficit of 2 pct of GDP, although... expected before. The budget impact will be 4.3 billion euros, or 2 pct of GDP, with the Transition Fund... by the ministry - barely moving above 2 pct.MacroeconomyCharts of the weekIndustrial turnover Greece
11% -
Tracking Greece's fiscal performance
Agora(and the drop in debt relative to GDP) will persevere. The primary balance. Figure 2 shows the general... adjustment between €5-10 billion (2½-5 percent of GDP) is necessary to restore a sound primary.... This benefit will pass as the ECB makes further efforts to bring inflation down to around 2 percent a year
11% -
Newsletter 376 - 31/03/2023
. The first Sunday of that month, July 2, is seen as the cut-off point for a second election..., which is expected to take place on May 2, will determine whether Ellines, the party of jailed Golden... will be dissolved anew by May 31, and new elections declared for July 2. The second contest would take place under
11% -
Newsletter 387 - 30/06/2023
outperformance of 2 billion euros up to May thanks to VAT and income taxes beating targets. However... dropping below 2 pct, it might struggle to continue pushing back on that front and fiscal space might get... encouraging signals for Greece as economic sentiment rose by 2 points to its highest since early 2022
11% -
PBO sees normality returning, but inflation will have multifaceted effects
EconomyMacroeconomyby 10 pct, stemming from the withdrawal of support measures; and an increase of public spending by 2... growth of 2 pct. The 2 pct rise in handout spend will push up GDP growth by a negligible effect
11% -
Newsletter 388 - 07/07/2023
, and an increase in public spending by 2 pct due to improved budget performance that will generate... to a more moderate growth of 2 pct. The 2 pct rise in handout spending will push up GDP growth
11% -
IMF forecasts high primary surpluses, tempers growth expectations
EconomyMacroeconomy. In the World Economic Outlook (WEO), real GDP growth is seen at 2.5 pct this year, slowing down to 2 pct... pct in 2023. On the fiscal front, the primary balance is expected to double next year to 2 pct of GDP, from 1 pct in 2023 and remain above 2 pct for the whole forecast horizon up to 2028 at 2.2 pct
11% -
Newsletter 401 - 10/11/2023
in September. ND has gained almost 2 points to reach 34.1 percent, while SYRIZA has lost almost 2... the high cost of money as the stock of loans to corporations dropped by 2 pct of the total portfolio
11% -
GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY
EconomyMacroeconomy. Exports decreased by 0.7 percent and imports increased by 2 percent. The export drop was led... and 2 percent in 2024. The OECD in the economic outlook last week places Greek growth at 2.4 percent this year, slowing to 2 percent in 2024.
11%