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  1. Newsletter 316 - 12/11/2021

    Newsletters

    , declining even further to 1.1 pct of GDP in 2023. In the draft budget, the Greek authorities expect just

    2%
  2. Govt pleads with firms to absorb inflation as surveillance claims prompt calls for accountability
    Photo by MacroPolis

    PoliticsGreek Politics

    in an extra 1.1 billion euros of expenditure which has eaten into the fiscal space created by the higher-than

    2%
  3. OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
    Photo via http://www.oecd.org/

    Economy

    path, with the general government deficit contained to 4 pct next year and down to 1.1 pct of GDP

    2%
  4. Buoyed by improved tax revenues, budget deficit comfortably beats target at 7.88 bln in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    ahead of the target set in the final budget for 2022, beating it by roughly 1.1 billion euros

    2%
  5. Nov budget data confirms tax revenue outperformance at 784 mln

    EconomyMacroeconomy

    budget by 1.1 billion euros. Expenditure, excluding interest payments and the public investment

    2%
  6. Economic sentiment on up again after 4.2 pt rise in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    , dropping by 1.4 points from the previous month. Euro area ESI was 112.7 points, down by 1.1 points month

    2%
  7. Credit growth slows to 0.9 pct in Jan as loans to enterprises record highest net outflow since 2018
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    Credit movement in the Greek private sector slowed to 0.9 percent year-on-year in January, from a rise of 1.4 percent in December and 1.1 percent in November, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion has remained broadly stable after reaching a peak

    2%
  8. CPI up to 7.2 pct in Feb as widespread inflation hits highest since pre-euro era
    Photo by MacroPolis

    EconomyMacroeconomy

    period increased by 2.6 percent. Month-on-month, the CPI rose by 1.1 percent, after a small 0.3

    2%
  9. Budget primary balance up to Feb beats target by 1.09 bln on back of underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    in February 2021. The overall balance is ahead of the target by 1.1 billion euros. Revenues Net revenues

    2%
  10. Pressure intensifies on govt for more radical interventions in energy markets
    Photo via PPC https://flic.kr/p/9qi65R

    PoliticsGreek Politics

    comes just days after Prime Minister Kyriakos Mitsotakis announced an additional 1.1 billion euros

    2%