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Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
EconomyMacroeconomy, below the target by 3.59 billion euros. This is mainly attributed to the deferral of the transfers
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Newsletter 434 - 27/09/2024
to the party. Current leader Nikos Androulakis distinguished himself mainly by being able to shrug off
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Strong taxes and significant underspend push 9M primary balance 3.45 bln above target
EconomyMacroeconomythat the overperformance is mainly due to the better performance of the previous year’s income taxes paid by natural
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Current account surplus at 651.3 mln in Aug, travel receipts drop again YoY
EconomyMacroeconomyGreece’s current account was in a 651.3-million-euro surplus in August, from 246.2 million euros in July, Bank of Greece (BoG) data showed on Monday. In August 2023, the balance showed a surplus of 611.8 million euros. The Bank of Greece notes that this is mainly due to an improvement
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VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
EconomyMacroeconomybillion euros, below the target by 4.25 billion euros. This is mainly attributed to the deferral
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Privatisation proceeds, major underspend push Oct primary surplus to 8.82 bln above target
EconomyMacroeconomythat the overperformance is mainly due to the better performance of the previous year’s income taxes
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Current account deficit at 7.67 bln for 9M as goods balance deteriorates
EconomyMacroeconomyGreece’s current account was back in deficit in September, widening to 316.5 million, from a 651.3 million euros surplus in August, Bank of Greece (BoG) data showed on Wednesday. In September 2023, the balance showed a deficit of 260.5 million euros. The Bank of Greece notes that this is mainly due
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Budget rolls on with solid primary surplus of 12 bln in Nov
EconomyMacroeconomy. The ministry notes that this outperformance derives mainly from the collection of 206 million euros in October
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Current account deficit at 8 bln after 10M as goods deficit widens
EconomyMacroeconomyGreece’s current account remained in deficit in October, widening to 383.2 million, from 316.5 million euros in September, Bank of Greece (BoG) data showed on Friday. In October 2023, the balance showed a deficit of 1.21 billion euros. The Bank of Greece notes that this is mainly due
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Mitsotakis aiming to overcome voter disappointment and rebuild decisive lead in 2025
PoliticsGreek PoliticsFollowing the last public holiday of the festive season on Monday, the government’s focus is returning to the task of regaining the support it lost during 2024, although opinion polls continue to show that the Greek public remains concerned and sceptical about a range of issues, mainly related
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