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RRF proposals and Pissarides report chart direction of travel for post-pandemic Greece
PoliticsGreek Politicsthat the final version has been reworked considerably with input from the government’s finance team
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Newsletter 276 -04/12/2020
to the second wave of the virus. In line with the Ministry of FInance’s latest budget, the OECD also
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GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
EconomyMacroeconomypercent YoY. The Ministry of Finance’s revised 2020 budget expects private consumption to fall by 7.6
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General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 9.07 billion euros in the first ten months of the year compared to a surplus of 5.64 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year
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New tax debt at 4.94 bln to October, jumping by 1.04 bln month-on-month as debtors rise
EconomyMacroeconomycollectability rate came to 74.1 percent with 1.01billion paid out of 1.37 billion due. The Finance
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Newsletter 277 -11/12/2020
period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying
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EU Council boosts recovery fund hopes, falls short on Turkey
PoliticsGreek Politicson the details. These discussions are due to be completed in a couple of months. The Finance Ministry has
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Budget primary shows deficit of 13.81 bln in November, above target by 1.48 bln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 13.81 billion euros in the first eleven months of 2020, compared to a surplus of 6.95 billion noted in November 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for November showed on Wednesday. The primary balance was above its
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Budget primary shows deficit of 13.75 bln in November
EconomyMacroeconomyThe budget primary balance recorded a deficit of 13.75 billion euros in the first eleven months of 2020, compared to a surplus of 6.95 billion noted in November 2019, the final Finance Ministry (MoF) budget execution bulletin for November showed on Monday. The primary balance was above its target
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Cabinet reshuffle and Covid-19 strategy dominate agenda for start of 2021
PoliticsGreek Politicsthat some ministers – including Finance Minister Christos Staikouras, Foreign Minister Nikos Dendias
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