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  1. Budget primary confirms deficit of 9.06 bln in July, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 9.06 billion euros in the first seven months of 2021, compared with a deficit of 7.46 billion in the same period of 2020, the final Finance Ministry (MoF) budget execution bulletin for July showed on Wednesday. The primary balance was above

    2%

  2. German elections: An open race to the finish line
    Photo by MacroPolis

    Agora

    Scholz, the current minister of finance and vice-chancellor in Merkel’s cabinet. Contrary to his other

    2%

  3. General govt balance deteriorates due to deficits of state and social security funds
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s general government (gg) deficit came to 9.36 billion euros in the first seven months of the year, compared with a deficit of 5.96 billion euros in the same period of 2020, according to the Finance Ministry’s (MoF) latest monthly gg bulletin. In the underlying subcategories, the state

    2%

  4. GDP shows strong recovery from lockdowns with 3.4 pct growth QoQ in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    is expected to be revised up by the Finance Ministry in the submission of the draft budget in three

    2%

  5. Price hikes pose fresh challenge for government

    PoliticsGreek Politics

    has already grown by 7 pct in the first half of 2021. Finance Ministry sources told the local media

    2%

  6. ND eyes more tax relief as early elections come into play
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    by the response of former finance minister Euclid Tsakalotos to government spokesman Yiannis Economou

    2%

  7. We can't ignore population shifts within the European Union
    Photo by EC - Audiovisual Service

    Agora

    to support and finance in the long run. Unwillingness to pay for what we want today, and instead

    2%

  8. FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
    Photo by MacroPolis

    EconomyMacroeconomy

    The Finance Ministry submitted to Parliament on Monday the draft budget for 2022 in which Greece is seen leaving behind the impact of the pandemic. The nominal GDP is expected to recover above the pre-pandemic levels of 2019 and the budget paves the way for a narrowing of the excessive deficits

    2%

  9. Debt strategy for 2022 set to continue along this year's steady path, assisted by PEPP
    Photo by MacroPolis

    EconomyMacroeconomy

    Following two years during which the pandemic forced the Greek authorities to provide extensive support packages that pushed up the debt both in nominal terms and as a percentage of GDP, the draft 2022 budget anticipates the debt-to-GDP ratio resuming a downward path. The Finance Ministry provided

    2%

  10. Draft 2022 budget represents first attempt to restore post-pandemic fiscal order

    EconomyMacroeconomy

    euros. The Finance Ministry also expects organic improvement as the economy continues growing

    2%