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Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
EconomyMacroeconomyincome growth, these factors are projected to sustain GDP growth at 2.3 pct in 2025 and 2.2 pct in 2026... spending and stronger revenues from direct taxes and social security, aided by reforms targeting tax
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OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
EconomyMacroeconomyprimary fiscal surpluses of 2.1 pct and 2.2 pct of GDP are seen for 2025 and 2026, respectively... direct trade exposure to the US remains limited, new US tariffs are expected to weigh on exports
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Newsletter 467 - 20/06/2025
CPI at 2.5 pct and Eurostat’s HICP was at 3.3 pct, when the EU relevant index was at 2.2 pct and 1.9... and this could lead to an impact on tourism that will exceed the half billion euros of direct travel receipts
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Conflict in Middle East puts fresh pressure on economy
EconomyMacroeconomypct, when the EU relevant index was at 2.2 pct and 1.9 pct for the euro area. Due to structural... that will exceed the half billion euros of direct travel receipts from Israel. This turbulence compounds
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Slight rise in deposits for March but outflows at 2.2 bln for 2014
EconomyMacroeconomyGreek private sector deposits rose 0.3 percent month on month (MoM) in March, with balances reaching 161.05 billion euros, according to the Bank of Greece (BoG). Net flow turned positive for the first time since December with inflows amounting to 501 mi...
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of...
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Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
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Newsletter 120 - 26/05/2017
178 million short of the target, while direct taxes slightly beat the target by 22 million... above target. The year-to-date outperformance is due to higher than targeted direct taxes... proposal. Tsipras German Chancellor Angela Merkel and French President Emmanuel Macron
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