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Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln
EconomyMacroeconomyGreece’s central government debt recorded a drop of roughly 1 billion euros to 405.54 billion euros in Q1 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday. The Q1 debt movements reflect a drop of nearly 2.5 billion euros in repos and lower Financial Stability Mechanism (FSM) loans
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Centre-left parties jockey for leading role in post-election landscape
PoliticsGreek PoliticsKonstantopoulou, and MeRA25, the party of former SYRIZA finance minister Yanis Varoufakis
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Newsletter 424 - 24/05/2024
than those of the Finance Ministry. For growth to reach the region of 2 pct this year
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Mitsotakis joins calls for EU to develop air defence system
PoliticsForeign PolicyThe Greek and Polish prime ministers Kyriakos Mitsotakis and Donald Tusk have called for the EU to finance and develop a European air defence shield. In a letter addressed to European Commission president Ursula von der Leyen, sent last Thursday, the two leaders called for “a comprehensive air
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Parties get salty over cheese prices as cost of living debate heats up
PoliticsGreek Politicsweek, Finance Minister Kostis Hatzidakis argued that this the main reason the government does not want
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Slow pace at which RRF funds reaching firms a growing issue
Economyof investment growth than those of the Finance Ministry. For growth to reach the region of 2 pct this year
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Primary surplus of 3.28 bln confirmed for Apr as timing and taxes support budget
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of close to 3.28 billion euros in April, compared to a surplus of 2.44 billion euros in the same month of 2023, according to the final Finance Ministry (MoF) budget execution data released on Monday. In April, the budget primary balance
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Q1 GDP growth accelerates to 0.7 pct QoQ
EconomyMacroeconomyQoQ. Outlook According to the latest Finance Ministry estimates included in the Stability Programme
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Strong tax performance and underspend push primary surplus up to 3.15 bln in May
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.15 billion euros in May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. Up to May, the primary balance outperformed by 2.35 billion euros above the target. Expenditure, excluding interest
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Government tries to find its footing again after EP vote surprise
PoliticsGreek Politicsgreater use of the digital tools available. Also on Tuesday, Finance Minister Kostis Hatzidakis
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