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Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
EconomyMacroeconomyfigure included in the final 2022 budget. The latest inflation estimate has also been pushed up to 5.6 pct for HICP. Both forecasts are likely to be upwards revised in the upcoming draft budget
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Opposition lambasts Mitsotakis over support package, accuses PM of election scaremongering
PoliticsGreek Politicsof emergency spending included in the revised budget, 1.7 billion would go to subsidising electricity bills... to employ RRF funds to invest in insulation and heat pumps rather than using budget funds to subsidise
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PBO sees medium-term risks mounting, despite positive near-term outlook
EconomyMacroeconomyThe Parliament Budget Office (PBO) released on Thursday its latest report, for the second quarter of the year, and notes the relative positive picture in the near-term, despite the uncertain times... HICP in August, help the revenue side of the budget, particularly taxation, leading to a surplus
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Newsletter 353 - 30/09/2022
representation system.EconomyHousehold budgets continue to feel strain as spending kept lowThe latest budget..., transport is 16 pct up annually. The 2021 budget survey also captures a rise in inequality
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ND sees limited political threats on path to next year's elections
PoliticsGreek Politicsbudget and a sign of how Prime Minister Kyriakos Mitsotakis wants to pull out all the steps to ensure... of the reasons that the draft budget for 2023, which was tabled on Monday, has a lower than expected primary
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Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Economypct. In the draft budget that was submitted a week ago, the Greek authorities see the economy... the Greek draft budget forecast for a primary surplus of 0.7 pct of GDP and the commitment to lenders
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Newsletter 355 - 14/10/2022
authorities tabled in Parliament last week a draft budget which foresees the economy weathering the storm... caused by the new government’s mini budget. According to the latest data up to July, there were more
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Newsletter 358 - 11/11/2022
with the proposed fiscal adjustment, their debt is on downward trajectory and their budget deficit remains... year, when growth could be as modest as 1.5 pct. When the draft budget for next year was submitted
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EC cuts 2023 growth forecast by more than half to 1 pct
EconomyMacroeconomyis slightly above the 0.7 pct recorded in the draft budget for 2023 of last month. For next year... conditions and a persistent inflation wave in its forecasts. In the draft budget, the Finance Ministry
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Newsletter 362 - 09/12/2022
formation was essentially unchanged with 0.1 pct growth. In the final budget submission for 2023... year. This will be one of the major challenges for the economy and the budget in 2023, as it is seen
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