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  1. Government dampens expectations for handouts in PM's speech

    PoliticsGreek Politics

    primary surplus target of 0.7 pct of GDP will be put at risk. The point is also made that the budget... of the year, when there is a clearer picture regarding the final budget execution data for 2023, which... or a hint that Greece might be moving away from the budget discipline of recent years, which has

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  2. Newsletter 449 - 31/01/2025

    Newsletters

    and dropping the trade tax also for companies. The budget ended 2024 with another outperformance which... tax relief. The primary surplus came to 3 pct of GDP, from 2.5 pct initially expected and the budget... challenges and its fiscal impact that has favoured the budget in the first year of implementation could

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  3. Several obstacles on narrow fiscal path to new tax cuts
    Photo via https://flic.kr/p/2b9vcaC

    EconomyMacroeconomy

    tax also for companies. The budget ended 2024 with another outperformance which affirms the solid.... The primary surplus came to 3 pct of GDP, from 2.5 pct initially expected and the budget was essentially... fiscal impact that has favoured the budget in the first year of implementation could dissipate

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  4. Newsletter 460 - 02/05/2025

    Newsletters

    , while the general government budget was in a total surplus of 3.18 billion euros, or 1.3 pct.... Half a billion of this envelope will be directed to the public investment budget, while 600 million... that were included in the final budget of 2025, Greece had a bumper year in privatisations, jumping

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  5. Fiscal data impressive but details suggest caution still required

    EconomyMacroeconomy

    surplus of 11.4 billion euros, or 4.8 pct of GDP, while the general government budget was in a total... to the public investment budget, while 600 million euros will take the form of handouts, split between... into government finances. Based on the latest available data for 2024 that were included in the final budget

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  6. Greece unveils new batch of cost-of-living measures after robust 2025 fiscal results

    EconomyMacroeconomy

    , at 4.9 pct of GDP, significantly outperforming the initial budget outlook for 2025 by a wide margin, as the initial 2025 budget submission expected a primary surplus of 2.4 pct of GDP, or close to 6... the fiscal space following the impressive performance of the budget in 2025.

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  7. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    The July current account (C/A) balance showed a surplus of 2.73 billion euros from 510 million euros last year, according to the Bank of Greece (BoG). The significant increase mainly reflects a jump in the current transfers’ surplus to 1.86 billion, from just 100 million last year, owing

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  8. Volunteers try to fill void left by retreating Greek state
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    enough social security credits to visit public hospitals. Also, a group of about 100 Athenians came

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  9. Deposits down for fourth month in a row as tax obligations rise

    EconomyMacroeconomy

    the 100 billion mark for the first time since December 2012, accounting for 61 percent of total

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  10. Greek consumers take effort to lower prices into their own hands

    Society

    of supermarket goods costs 100 euros in Greece and 110 euros in Germany, where the average wage

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