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Newsletter 416 - 15/03/2024
the public investment budget and credit expansion via RRF loans from commercial banks. The global..., the budget is tight and does not allow for the handouts that have been such a reliable policy tool... households. The growth estimate of 2.9 pct included in this year's budget puts the finance ministry's
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Can the Green Transition be just?
Agora. As heating and transport costs are a key part of the household budget, the ETS-2 is expected... (right) according to the data of the State Budget Report. Over the same period, investments promoting... -if not impossible- for the state budget to sustain an expenditure of 10.7 billion over 16 months, let alone
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Several obstacles on narrow fiscal path to new tax cuts
EconomyMacroeconomytax 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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Newsletter 460 - 02/05/2025
, 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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Fiscal data impressive but details suggest caution still required
EconomyMacroeconomysurplus 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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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomyauthorities included in the 2026 draft budget, which expects the economy to grow by 2.2 pct this year.... On the fiscal outlook, the IMF expects this year’s total budget to be in balance this year..., although this could be attributed to methodology differences, that in the draft budget expect a total
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Newsletter 489 - 19/12/2025
reflects its effort to balance fiscal constraints — evident in the 2026 budget voted through... approved but familiar shortcomings temper government's economic recordThe 2026 budget was passed through... Minister Kyriakos Mitsotakis presented the budget as proof of Greece’s commitment to fiscal prudence
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Newsletter 495 - 20/02/2026
to publish Q4 and full‑year 2025 GDP data in a few days, while the budget execution for last year is taking its final shape. In the final 2026 budget submission at the end of November, the Finance... following sign‑off by Eurostat. The state budget execution, for which the final 2025 data
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Newsletter 499 - 20/03/2026
fiscal and political considerations at play. The Greek budget relies heavily on indirect taxation. The 2026 budget projects indirect tax revenues of 40.9 billion euros, up from 39.21 billion last year... Commission’s minimum charge of 360 euros. Given the central role of indirect taxation in budget execution
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Energy crisis puts squeeze on Greek fiscal policy
Agoraat play. The Greek budget relies heavily on indirect taxation. The 2026 budget projects indirect tax.... Given the central role of indirect taxation in budget execution, the authorities have been reluctant
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