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Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
EconomyMacroeconomyconflict and the energy crisis require budget outlays to cushion the blow. Turning this deficit
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Implementation snags hang over ambitious post-Covid recovery plans
PoliticsGreek Politicsbudget of just over 50 million euros, 6 projects worth 227 million euros for digital transformation, half
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Govt finds devil is in detail for windfall tax on power companies
PoliticsGreek Politicson its pledge to return to the state budget the excess profits of electricity producers
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Central govt cash balance records surplus of 714 mln in April, improves by 5 bln YoY in first four months
EconomyMacroeconomyat 295 million euros. The Public Investment Budget (PIB) balance came to a surplus of 1.31 billion
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GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink
EconomyMacroeconomyin the final 2022 budget. The latest inflation estimate has also been pushed up to 5.6 pct for HICP
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Athens prods EU to resume enlargement process for Western Balkans
PoliticsForeign Policythe EU budget and especially plans by the prime minister to lift the veto on North Macedonia starting
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May cash deficit improves markedly YoY as revenues rise by 3.5 bln
EconomyMacroeconomyeuros. The Public Investment Budget (PIB) balance came to a deficit of 348 million euros, broadly
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Subsidies fuel pre-election mood as SYRIZA starts preparing
PoliticsGreek Politicsto 3.5 billion euros or 1.5 pct of GDP – is drawn from the budget. The government is hoping
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PBO urges continued fiscal discipline amid growing instability
EconomyIn its latest report covering the first quarter of 2022, the Parliamentary Budget Office (PBO) sees mixed signals for the Greek economy and expects international factors to play a key role in developments in the near term. On the positive side, Greece recorded solid growth of 7 pct in the first
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Mitsotakis insists on no early elections, accusing opposition of sowing division
PoliticsGreek Politicschallenging for the government. Against the background of an already challenging budget, the latest
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