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VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
EconomyMacroeconomyinvestment budget, came to 36.03 billion euros. Net revenues came to 50.9 billion euros. The total budget... in September 2023. The overall balance is better than the target by 3 billion euros. Revenues Net revenues
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PASOK emerges as main beneficiary in reshuffling of political deck
PoliticsGreek Politicsparties Course for Freedom, MeRA25 and New Left now surpass the original with a total 11.3 pct... with 4.8 pct, ultra-religious Niki with 3 pct and Golden Dawn-linked Spartiates with 1.7 pct. For the first
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EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
EconomyMacroeconomyis not seen meeting the ECB objective before 2026, expected at 3 percent this year and 2.4 percent... further to near balance in 2025 and then run a small total surplus of 0.2 percent of GDP in 2026
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Trade deficit rises by 11.5 pct YoY in Oct, 10M deficit at 28.32 bln
EconomyMacroeconomyof 2024 showed that the trade deficit increased by 8.9 percent, bringing the total to 28.32 billion euros... EU countries were up by 3 percent to 35.64 billion euros, while imports from non-EU markets were
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BoG sees sustained growth and progress, but challenges require policy drive
EconomyMacroeconomyimports. Inflation dropped to an average of 3 pct in 2024 (from 4.2 pct in 2023), driven by declines... Total Factor Productivity via education in new technologies, fostering innovation, and improving
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Trade deficit jumps 18.7 pct YoY in Nov, 11M deficit at 31.51 bln
EconomyMacroeconomyof 2024 showed that the trade deficit increased by 9.9 percent, bringing the total to 31.51 billion euros. Imports rose by 3.9 percent, while exports dropped by 3 percent. Excluding the value of oil
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Controversies around president pick cause government headaches
PoliticsGreek PoliticsDemocracy MPs, plus up to 3 additional votes from independents, including former PM Antonis Samaras who has already voiced his support. Under the current system, this means it will take a total four
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Seasonal rise in Dec pushes deposits above 200 bln mark for first time since 2011
EconomyMacroeconomy. The breakdown of the figures for households shows that overnight deposits increased by 3 billion... euros to 53.41 billion euros. Total deposits, which also include the general government, increased
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Government treads carefully on Trump, looks for positives in EU defence spending tweak
PoliticsGreek Politics, the total effect on exports, including exports to EU markets, could have a 0.4 pct GDP impact by 2026... 1.5 billion euros in fiscal scape. Greek defence spending is at 3 pct of GDP, while 0.6 pct of GDP
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Building activity ended 2024 strongly, permits up 14.9 pct in 2024
EconomyMacroeconomyStatistical Agency (ELSTAT) on Friday. The total number of permits issued in December reached 2,929, from... by 3 percent. On a regional basis, the picture was mixed but mostly positive, with the biggest rise
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