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Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
EconomyMacroeconomythat investments did not meet this year’s expectations as they grew by 8.3 pct, when 16 pct was estimated
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Newsletter 400 - 03/11/2023
has estimated that after its new taxation intervention some 473,000 self-employed will end up paying
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Government braces for self-employed tax protests, but insists on soundness of measure
PoliticsGreek Politicsas it will bring in an estimated 874 million euros, although the benefit to public coffers will be trimmed
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Newsletter 401 - 10/11/2023
of the measure is significant as it will bring in an estimated 874 million euros, although the benefit
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Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
EconomyMacroeconomyThe Finance Ministry submitted to Parliament the final budget for 2024, which sees growth picking up next year and a sizable primary surplus in line with the country’s fiscal commitments that support debt sustainability. The Greek economy is estimated to grow by 2.9 pct next year, from 2.4 pct
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Timing factors, underspend lead to budget outperformance of 4.54 bln in 2023
EconomyMacroeconomyof 1.68 billion from the Recovery and Resilience Facility (RRF), which was estimated to be received
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Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
EconomyMacroeconomythe Recovery and Resilience Facility (RRF), which was estimated to be received in March 2024. VAT
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Record year for Greek tourism raises concerns about sustainability
EconomyFeaturesislands to double since 2018, while a recent report estimated that 17,700 plots changed hands
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Is Greece on track to decouple from fossil gas?
Agoraof CO2 estimated in the NECP; this, in turn, will compromise the NECP’s fundamental climate target
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First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
EconomyBankinglosses for Eurobank are estimated at 10 billion euros, for Alpha Bank at 3.7 billion euros
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