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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammeand underspending on the expense side. Most notably, public investment (PIB) was 1.1 percent of GDP... and the clearing of state guarantees for bank loans, at 1.1 percent of GDP over the next five years... in the report as Greece’s official lenders consider that “legacy risks and challenges remain high
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Newsletter 465 - 06/06/2025
intent by unveiling €1.1 billion in spending, including €600 million allocated to renters, pensioners... of 1.1 billion euros, with 600 million euros directed at a one-off handout to pensioners and the rebate... several challenges and the need for reforms to boost the country’s long-term growth potential. Finance
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Newsletter 201 -21/04/2019
stepped up to recover amounts, the data also revealed that a total of 42,877 debtors (1.1 percent... this matter. BoG report notes challenges to growth Expanding unpaid tax pile puts pressure on middle income taxpayers The Bank of Greece’s (BoG) annual report has outlined a number of challenges
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Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row
EconomyThe budget execution to September showed revenues beating monthly targets by 339 million euros for the third straight month in September, with the year to date shortfall further narrowing to 710 million from its peak of 1.61 billion euros at the end of ...
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Greek banks' Eurosystem funding down for second month in a row in Feb
EconomyMacroeconomyGreek banks’ Eurosystem funding eased for the second straight month by 2.85 billion in February, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure settled at 67.99 billion, below the 70-billion mark for the first t...
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Industrial production rises for three months in a row for first time since 2007
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) rose 1.7 percent in February, posting a positive change for the third consecutive month, according to the Hellenic Statistical Authority (ELSTAT). The index for the year to date also headed north (+1.4 percent...
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Greek economic sentiment and consumer confidence fall for third month in a row
EconomyMacroeconomyGreece’s economic sentiment (ESI) decreased for the third successive month at an accelerating pace, falling to 99.3 in September from 102 in August, according to the European Commission (EC). The September reading is the first below the 100-point mark f...
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Funding needs take centre stage in row between New Democracy and SYRIZA
EconomyOne of the key topics in the agenda of two main Greek political parties’ ahead of January 25 snap elections is the issue of Greece’s funding needs by the end of March and the way they would be covered by the new government. According to Kathimerini dail...
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SYRIZA hits back in funding row, says it could issue T-bills and use repos
EconomyThe issue of covering short-term funding needs remains at the forefront of the confrontation between the two main political parties in Greece ahead of the January 25 elections due. In reaction to SYRIZA leader Alexis Tsipras stating that his government ...
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Gov't hits back as pension reform row heats up
EconomyProgrammeThe government has hit back in the public relations battle over its proposed pension reforms by trying to rebut criticism from New Democracy point-by-point. After verbal rebuttals by key government figures, the prime minister’s office issued a non-paper...
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