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  1. Newsletter 462 - 16/05/2025

    Newsletters

    a team at the National Technical University of Athens (NTUA) investigating the blaze

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  2. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9

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  3. CPI down 1.3 pct in April as Greece remains in deflation for 14th month

    EconomyMacroeconomy

    and footwear (-2.2 percent) and hotels, cafes and restaurants (-2.2 percent). The latter’s movement... of the respective VAT rate by 10 percentage points as of August 1. In contrast, health coupled with alcoholic beverages and tobacco were the two sectors posting price increases at 2.2 and 0.9 percent respectively

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  4. PBO sees normality returning, but inflation will have multifaceted effects

    EconomyMacroeconomy

    is expected to grow by 2.2 pct this year and also by 2.2 pct in 2024. This year’s inflation is seen at 4.6... for lower transfers and 2.2 pct from higher handouts. The PBO describes this new growth path as more... to the denominator effect. There will also be effects on fiscal performance as it is evident that VAT

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  5. Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
    Photo by MacroPolis

    EconomyMacroeconomy

    . The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct... seen to grow by 5.7 pct this year and exports growth is seen at 2.2 pct. Investments were... for this year of 247.51 billion. Consumer prices next year are seen rising by 2.2 pct, slowing from 2.6 pct

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  6. A breakdown of the fiscal and structural reforms Greece hopes will unlock funding

    EconomyProgramme

    audits on bank transfers abroad (725 million euros), fight against VAT fraud (350 million), public...), a Portuguese-style VAT lottery scheme (270 million), tackling fuel and tobacco smuggling (250 million... the revenues from privatisations to 1.5 billion euros for 2015, 700 million lower than the target of 2.2

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  7. Newsletter 143

    Newsletters

    that any hopes of maintaining the VAT discount on some Greek islands will have to be abandoned by the government. Instead, it seems certain that VAT rates will increase on 32 islands... on VAT. Primary cash surplus at 6.39 bln in October Q3 GDP figures show marginal growth as BoG says

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  8. Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 2.2 pct this year. CPI and HICP will converge next year to 2.6 pct, from the 4 pct region... billion euros seen this year. VAT and indirect taxes will continue to have a prominent role, reaching 35.17 billion euros, from 33.7 billion euros in 2023. VAT is expected to rise by more than 1

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  9. Greece reignites energy alliance talks with Israel and Cyprus amid US interest
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    PoliticsForeign Policy

    of President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation

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  10. France and Greece upgrade defence pact as regional and political risks loom

    PoliticsForeign Policy

    and delivering practical solutions. Renewed engagement with Libya The visit of Greek Foreign Minister Giorgos Gerapetritis on Monday to Tripoli, Libya, marked a significant step in revitalising bilateral... was another key topic during Monday’s talks. Gerapetritis noted that flows from western Libya to Greece

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