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Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
EconomyMacroeconomy. The total deficit is seen at 2 pct of GDP, 4.46 billion euros, from a deficit of over 4 pct, 8.54... by higher tax revenues of close to 2 billion euros at 56.75 billion euros. Taxes are up by 1 billion euros.... Spending is contained by almost 2 billion euros, primarily due to winding down most of the pandemic
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Where are the Conservatives?
Agora(Mitsotakis 1 and 2). 2. The average number of “cabinet” members, sometimes including state secretaries... measured 737,000 total employment; in 2022 it was 1.1 million.[2] We can overlap over this interval... facilitated keeping jobs to a minimum. [2] The compound growth rate of government employment is 1.4
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Industrial turnover completes eighth month of contraction in Nov, falls 2.7 pct YoY
EconomyMacroeconomy-on-year (YoY) from a 2 percent decrease in October, according to data released by the Hellenic..., basic metals. Revenue in the domestic market decreased by 2 percent, while the non-domestic market was down by 2.5 percent. On a monthly basis, industrial turnover in the total market decreased by 2
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Is Greece on track to decouple from fossil gas?
Agoraand Italy (Figure 2). Figure 2: Changes in total gas consumption in the 27 EU-27 Member States over... with increased storage capacity[2] as an alternative to new gas plants. In any case, the 7.7 GW of total gas... from Bulgaria, North Macedonia and Albania, while Greece mainly exports to Italy. [2]Electricity
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Underwhelming GDP highlights investment falling short of mark
EconomyMacroeconomy, as the momentum from the pandemic recovery started to ease, GDP recorded growth rates of 2 pct, 2.7... for. That said, growth of 2 pct that outpaces the EU and the eurozone almost four times can hardly... between 2 and no more than 2.5 pct. Once again, fixed capital formation is expected to grow by more
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Where is Greek growth coming from?
Agora, as we remember. 2) Then came a period of gradual recovery, from mid-2013 to end- 2019. Growth rates... concluded that real growth could be over 2 percent, even up to 2.5 percent. I have some concerns about...; dotted line is Euro20).[2] In Greece, consumption hovers around 90 percent of GDP, whereas in the Euro20
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Newsletter 443 - 29/11/2024
at just 4.3 pct, down by more than 2 points since the last poll. Having established themselves... is on the cusp with 3 pct. The poll also projects 2 pct for the Spartiates, the Golden Dawn... one percentage point, with a 2023 negative saving rate of close to 2 pct. This leads Greece
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Moody's upgrading Greece to investment grade puts an end to painful 15-year cycle
Economydigitalisation strategy. In 2024 alone, anti-evasion measures yielded an extra 2 billion euros in tax revenue... to maintain primary budget surpluses of 2–2.5 pct of GDP through the medium term. Greece has also consistently met NATO's 2 pct of GDP defence spending target, avoiding the need for major new defence
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Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
EconomyMacroeconomyby 0.7 percent. Exports of goods were down by 0.8 percent QoQ and services exports decreased by 2 percent. Imports of goods dropped by 0.03 percent and services were up by 2 percent. Compared to Q1 2024... in 2025. In its latest WEO released in April, the IMF sees growth of 2 pct in 2025. In its latest
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
EconomyMacroeconomytaken H1 growth to just under 2 percent, which suggests stronger growth will be needed in H2... by 0.8 percent and services were down by 2 percent. Compared to Q2 2024, final consumption... in April, the IMF sees growth of 2 pct in 2025. In its latest economic outlook this month, the OECD
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