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Government claims tourism season a major success, opposition begs to differ
PoliticsGreek Politicsis preparing around 2 billion euros in interventions this autumn. This includes electricity and fuel..., but it appears that this will not involve the government shifting its 2 pct of GDP primary deficit
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Vehicle sales record back-to-back annual drop of 2.7 pct in July
EconomyMacroeconomyThe rise in road motor vehicles going into circulation for the first time stayed broadly unchanged in July, rising by 2.3 percent year-on-year (YoY), following 2 percent growth in June, according... cars rising by 2.7 percent, used passenger car sales were down by 2 percent. In the seven months
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Govt puts focus on handouts, migration to take heat off surveillance affair
PoliticsGreek Politicsthe original figure of 800 million to 2 billion euros. The government has been hoping that this can... euros, which could reach 2 billion euros by year end. Tourism is also a moving target. Government
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economyto come in the full year to 4.3 billion euros, or 2 pct of GDP, with the rest covered by the Energy... authorities as the fiscal commitments require turning this year’s 2 pct primary deficit
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Rising contributions spark concern in key voter groups
PoliticsGreek Politicsand employees. New Democracy has targeted a 2 pct of GDP primary deficit this year and, for the time..., but next year is projected to be below 2 pct, underlining the difficulty of the task facing
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Newsletter 355 - 14/10/2022
draw away from the centre-right party the 2 or 3 percentage points that would be the difference... than 2 million German and UK visitors, while the overall inbound travelers from the EU came to more
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NBG reports 652 mln profit in 9M, core PPI up 14 pct
EconomyBankingof 11 percent. Pre-provision income (PPI) stood at 935 million euros, down by 2 percent on the 958... million euros, up by 2 percent YoY. Balance Sheet Group deposits amounted to 55.68 billion euros in 9M
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OECD sees recovery slowing, urges fiscal discipline
EconomyMacroeconomythe economy to outdo EU peers in 2023 as well, with growth closer to 2 pct. The authorities see 1.8 pct... capital. The OECD also urges the Greek authorities to return to the primary surplus goal of 1.5 pct to 2
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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyfurther to 2.9 pct in 2024, falling below 2 pct by 2028, when it is expected at 1.8 pct. The current... than triples to 1.4 pct next year and reach 2 pct of GDP in 2027 and 2028. The cyclically adjusted
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Newsletter 394 - 22/09/2023
pct of GDP this year and double above 2 pct of GDP in 2024 Athens is in a tight fiscal framework... year, to roughly 7 billion euros. Although the oil deficit up to July was over 2 billion euros lower
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