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Government tables 2025 budget, seeing stable growth, solid public finances and lower debt
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Wednesday the final budget for 2025, which sees stable growth and a solid fiscal performance that keeps the debt-to-GDP ratio on a downward trajectory. Next year’s growth is seen at 2.3 percent, from 2.2 percent this year, with private consumption rising
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Final Nov budget data reaffirms solid finances as underspend boosts primary surplus
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 12 billion euros in November, compared to a surplus of 5.83 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Friday. Up to November, the budget primary balance
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Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
EconomyMacroeconomysemester, the Finance Ministry tabled to Parliament the final budget for 2019. The efforts of the Greek... to the over-performance in budget execution over the last three years, the Finance Ministry managed to get... fiscal space of 885 million euros that the Finance Ministry intends to disburse in the form of a social
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Newsletter 77 - 10/06/2016
million tourists per annum. In an interview with Bloomberg on Wednesday, the Finance Minister Euclid... the Bundestag’s finance committee meeting on Wednesday to give its verdict on whether Greece had done... and a variety of stories claimed that German Finance Minister Wolfgang Schaeuble was attempting
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Final budget sees strong growth, fiscal overperformance in 2018
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Tuesday evening the final version of the 2018 budget... handed over to the parliamentary speaker on Tuesday by Alternate Finance Minister Giorgos Houliarakis.... Athens now sees 2017 growth settling at 1.6 percent, well below the initial estimate. The Finance
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Newsletter 184 -23/11/2018
of the reforms it pledged. The budget, tabled in Parliament by Alternate Finance Minister Giorgos Houliarakis... the expansionary counter-measures that had been agreed at the time as well. Instead, the Finance... fiscal space of 885 million euros that the Finance Ministry intends to disburse in the form
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Eurogroup marks end of cycle and squaring of circle for Greece
Agorawhen the finance minister of the newly elected Greek government at the time, Giorgos Papaconstantinou... the country’s existence outside of adjustment programmes. Eurozone finance ministers are called upon..., the then German finance minister Wolfgang Schaeuble led a colourful debate (according to leaked notes
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agorathe Troika, the Ministry of Finance and the domestic lenders. As NPL formation continues to increase..., the Bank of Greece and the Ministry of Finance.[2] The internal bad bank model for Greek institutions.... The challenge Greek SMEs face in finding access to finance will continue to make the search for feasible
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Newsletter 4 - 21/11/2014
Please mind the fiscal gap Differences likely due to qualitative approach taken by the Finance... taxes in up to 100 instalments. The Finance Ministry believes the payment plan could have a positive... taken by the Finance Ministry, which anticipates that the fiscal targets next year will be met
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Newsletter 18 - 06/03/2015
than Greek banks. Fractures emerge within government Finance minister's stance on some issues raises... more evident as time passes. One of these is a result of Finance Minister Yanis Varoufakis straying... in Piraeus, where the privatisation of the Piraeus Port Authority (OLP) is still pending. The finance
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