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PBO sees encouraging signs for economic and fiscal outlook
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) struck a rather positive note in its latest quarterly report as several fiscal and macro fronts are moving in the right direction. The report highlights that based on the available data for the first nine months of 2019, the economy grew by more than 2 percent
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Newsletter 241 - 28/02/2020
NPL stock was now of utmost importance. 2 Economic sentiment at 113.2 in Feb Strong improvements
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Budget primary balance confirmed at 495 mln in January
EconomyMacroeconomyand services were above target by 2 million euros and came to 42 million euros. Total revenues
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Regulatory and legal challenges from the increased penetration of LNG
Legal(2) and 8(6) of the REMIT Regulation, foresee the obligation of participants in the above market
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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomy. The equivalent figure for the same time last year was 182 million. A smaller fall of 2 million euros
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Forum showcases closer Greek-German trade relations, with diplomatic overtones
PoliticsGreek Politicsexports to Greece in 2019, and the opportunities to build on the 2 billion euros of Greek imports
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Overdue social security contributions edge down to 35.38 bln in Q4
EconomyMacroeconomy-on-quarter (QoQ) to stand at 2 million. However, as noted by KEAO, these largely represent debtors
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More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
Economythat the danger of growth coming in below 2 pct this year as opposed to the 2.8 pct set out in the budget is now
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Greece puts crisis management strategy in place as it braces for virus
PoliticsGreek Politicsbe set up if necessary. This is all part of putting the country on a Level 2 crisis footing
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Govt ratchets up coronavirus measures, while planning further support for economy
PoliticsGreek Politicsof the coronavirus. Early government estimates put the total cost of the measures planned by Greece at 2 billion
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