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Newsletter 302 - 18/06/2021
surpluses of 2 pct, 2.8 pct and 3.7 pct of GDP in 2023, 2024 and 2025 respectively. These translate... be noted that Greece has committed to primary surpluses in the region of 2 pct of GDP up to 2060... 2023 and regaining investment grade for Greek sovereign debt in the first half of 2023. 2 Deposits
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Economic sentiment rises above 111 pts in July but consumer confidence drops further
EconomyMacroeconomythe pandemic and the first lockdown started to manifest itself last April, however the ESI is now just 2... in June. Consumer confidence is now roughly 2 points higher compared to July last year when it stood... points. The services index dropped by nearly 2 points to 25.4, after a sharp improvement by 14.4
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The quarterly national accounts from the income side
Agorapulls back, a government impulse helps to level GDP upwards); and 2) The challenge for Greece is now... becoming structural.[2] This policy has caused, in part, the widening of the deficits during... to spend around 1.7 percent of GDP in 2021. [2] We do not see evidence that expenditures are cut
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Newsletter 313 - 22/10/2021
in the region of 2 pct of GDP up to 2060. The Finance Ministry was also kept busy this week in the push... decade growth will be 2 pct, with Greece needing more than 3 pct to converge towards the eurozone.... During the summer, the government announced a minimum wage increase of 2 pct, taking the basic salary
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The case for a general government balance sheet
Agoraand 2 illustrate balance sheet data in more detail. Figure 1 above captures for Greece and the Euro-19... to a more detailed look at the balance sheets in Tables 1 and 2. The balance sheets reflect the data..., it is possible to make the balance sheet not only backward looking, as in Tables 1 & 2, but also
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Newsletter 327 - 11/02/2022
has pledged since the start of the energy crisis last autumn to 2 billion euros. Finance Minister... into February. This means the government has committed more than 2 billion euros to help consumers pay... to present a budget at the end of this year that will lead to a surplus, even if it is not at 2 pct
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Govt weighs escalating impact of Ukraine war on public finances
PoliticsGreek Politics, the average price of unleaded fuel at the pump is expected to cross the threshold of 2 euros/litre. More... to 3.5 pct from the original 4.5 pct in its baseline scenario, while the adverse scenario is as low as 2... of the proposal to exempt defence spending from fiscal calculations. Such a move could shave around 2
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Newsletter 335 - 15/04/2022
higher towards 2 pct of GDP, from 1.4 pct previously. Finance Minister Christos Staikouras also... the primary surplus to 2 pct of GDP this year, there is a steep fiscal effort coming in 2023, having... campaign in 2023 offering more tax relief measures, which by some estimates require 2 billion euros
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IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
EconomyMacroeconomydeterioration of the current account. This is largely due to the oil deficit that exceeded 2 billion euros... deficit of 1.9 pct in 2022, with surpluses increasing from 1.1 pct of GDP in 2023 to 2 pct of GDP in 2027... and a primary deficit this year of roughly 2 pct, as things stand and assuming no escalation in relations
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomyinflation is 2 percentage points above the latest estimates, and a benign one where inflation..., the ministry revises the primary deficit upwards to 2 pct of GDP, from 1.4 pct before... inflation on the contrary, pushes the primary balance above 2 pct of GDP this year and lower than estimates
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