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Newsletter 433 - 13/09/2024
pct in 2024, again below the recent government estimates, to 2.3 pct next year, 2 pct in 2026
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Significant underspend pushes 8M primary balance to 7.57 bln
EconomyMacroeconomyeuros. Taxes beat the target by close to 2 billion euros. The ministry notes that the overperformance
15% -
Newsletter 434 - 27/09/2024
earning below 700 euros monthly to just 2 pct, with a significant shift of the distribution
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Building activity remains in contraction for June with 1.7 pct YoY drop
EconomyMacroeconomypoints, from 9.8 points previously. The index is currently up by roughly 2 points on a rolling 12-month
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Data underlines Greece still has big wage gap to bridge
EconomyMacroeconomy2016 of over 30 pct. This has dropped the share of workers earning below 700 euros monthly to just 2
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New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes
EconomyMacroeconomyto grow strongly, and well over eurozone peers, with 2.3 pct in 2025 and 2 pct in 2026. The effects
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Trade deficit reaches 22 bln in 8M as exports continue to slide
EconomyMacroeconomyeuros. Imports rose by 2 percent, while exports decreased by 1.5 percent. Excluding the value of oil
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Sep CPI almost unchanged at 2.9 pct, food inflation rises above headline number again
EconomyMacroeconomy, with the rise in meat and fish ranging from 2 to 9.9 percent YoY, vegetables were up by 2.1 percent, while
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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomy2 pct of GDP and the new SGP rules that is designed to place caps on primary spending, they have
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Strong taxes and significant underspend push 9M primary balance 3.45 bln above target
EconomyMacroeconomy. There is significant underspend in transfers by 2 billion euros and 1.37 billion euros in non-allocated
15%