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Newsletter 318 - 26/11/2021
. In the final 2022 budget that was submitted last Friday and which is currently debated in Parliament... Ministry is taking some comfort from the budget execution data with the primary deficit settling.... The target for 2021 was revised, as per standard practice, following the tabling of the final budget
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Hopes of EU providing immediate relief wane as economic challenges multiply
PoliticsGreek Politicsthe last couple of years. Budget implications Clearly, this will weigh on the Finance Ministry’s deliberations as officials re-write this year’s budget, which had already been heavily affected by inflation. Two key variables that the budget is based on, average inflation and the price of oil are now
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Pressure intensifies on govt for more radical interventions in energy markets
PoliticsGreek Politics, arguing that subsidies were not going to suffice. Tight budget The latest news on the budget front..., noting that the budget execution reached its limits following the recent support package. The fiscal
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Survey highlights households struggling with cost of living, delivers worst outlook since 2019
Economyits latest household income and budget survey for 2022. The survey captures the full impact... in ten respondents and transport is taking up more of the household budget for more than half... and levies. More than six in 10 said that the “household budget” initiative of the government has
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Govt looks to tax bonanza for autumn handouts announcement
PoliticsGreek PoliticsThe government appears confident that it has enough ammunition in the budget to announce another... on the horizon, the Finance Ministry has been scrutinising the budget execution data for funds... facing tough budget targets. Increased VAT intakes are expected to be the main source of the new
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Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicsof compensation, as well as repurposing funds from the state investment budget. Kyriakos Mitsotakis said... the options available. The Finance Ministry will probably have to submit a supplementary budget this autumn to account for the extra spending, while the drafting of next year’s budget will also have
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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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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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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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