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  1. Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
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    EconomyMacroeconomy

    is better than the target by 4.58 billion euros. It should be noted that the targets have been revised... revenues amounted to 23.39 billion, 154 million higher than the target. Excise tax revenues were 7.02... below the target. Income tax revenues came to 20.88 billion Euros, 151 million higher than

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  2. Manufacturing grows strongly in Jan, sentiment reaches pre-Covid levels
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    EconomyMacroeconomy

    of more than 50 points. S&P notes that the rate of growth in January was the fastest since April 2022... sharpest in two years, slower than only that seen in July 2023. Manufacturers noted that the rise was due..., as output prices rose at a solid pace, sharper than the series trend, despite the softening rate

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  3. Newsletter 413 - 23/02/2024

    Newsletters

    that the rule of law in the country was in a stronger position than ever and that the only arbiter of its... for New Democracy. More than seven in ten say the government is doing a bad job on the cost of living... the most vulnerable in society. The data shows that the poorest households spend more than a quarter

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  4. Budget starts new year on track, timing factors lead to 1.16 bln outperformance

    EconomyMacroeconomy

    . The overall balance is better than the target by 1.18 billion euros. Revenues Net revenues in January stood... to 2.42 billion, 29 million higher than the target. Excise tax revenues were 528 million, 33.... Income tax revenues came to 1.9 billion Euros, 256 million higher than the target, mostly thanks

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  5. University bill meets with strong opposition as MPs begin debating reform
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    PoliticsGreek Politics

    and profit seeking rather than the interests of improving the quality of education in the country... language programmes and research hubs, rather than go through with the changes proposed... more in terms of support than PASOK. Since Kasselakis took over as SYRIZA leader last September

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  6. Slower growth nixes handout plans, fires criticism of ND's economic policies
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    PoliticsGreek Politics

    to be less fiscal space than previously expected. It was no surprise, therefore, that Finance Minister... argued that New Democracy has opted for short-term gains rather than putting Greece on a sound... create the impression of a more fragmented political scene and a less dominant ruling party than

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  7. Underwhelming GDP highlights investment falling short of mark
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    EconomyMacroeconomy

    between 2 and no more than 2.5 pct. Once again, fixed capital formation is expected to grow by more than 15 pct this year. This set of conditions will tie the hands of the government regarding... a high primary surplus of more than 2 pct of GDP, but also due to the return of the fiscal rules without

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  8. Waning support in opinion polls generates concern for government
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    PoliticsGreek Politics

    is around 4 points lower than in the poll conducted by the same company a month ago. Support... on 31.4 pct, which is 5.1 points lower than the last poll, while SYRIZA gains 15.1 pct and PASOK 13..., this would represent a good result. Conversely, if ND gains less than 30 pct, which opinion polls

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  9. Income tax and VAT revenues drive budget primary surplus to 3.38 bln in Feb
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    EconomyMacroeconomy

    . The overall balance is better than the target by 1.34 billion euros. Revenues Net revenues in January... taxes (VAT, excise taxes etc.). VAT revenues amounted to 4.44 billion, 127 million higher than... million higher than the target, mostly thanks to corporate taxation, up by 397 million euros from

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  10. Mitsotakis limps into party conference looking to rally ND for EP elections
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    PoliticsGreek Politics

    conference amid a much more sombre mood than he might have expected a few months ago. Although the centre... when Greeks vote in the European Parliament elections this June. Given that ND gained more than 40... that the minimum Mitsotakis wants to secure this summer is more than 30 pct, and that anything below

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