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Budget primary balance up to Feb beats target by 1.09 bln on back of underspend
EconomyMacroeconomyahead of the target by 1.09 billion euros as a deficit of 239 million was anticipated at this point
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Newsletter 332 - 18/03/2022
increasing by 1 percentage point. In the adverse scenario, growth lands at 2.21 pct and inflation
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DBRS moves Greece a notch closer to investment grade as Moody's holds off
Economyare expected to trim about one percentage point from this year’s GDP. The banking sector continues making
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Inflation triggers political machinations, move to increase budget spending
PoliticsGreek Politicsinvasion of its neighbour will shave off at least 1 percentage point from Greece’s growth prospects
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Manufacturing growth slows in March as slower demand, costs and energy weigh on sector
EconomyMacroeconomyGreece’s Manufacturing PMI in March dropped to 54.6 points, from 57.8 points in February, according to S&P Global data released on Friday. The data points to a slip in growth, which is at its lowest for eleven months. However, the numbers still point to growth territory for the Greek manufacturing
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IMF urges caution on public finances
Economyand will lead to an overall effect of one percentage point, also affected by consumer confidence effects
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BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
EconomyIn the governor’s annual report released on Thursday, the Bank of Greece (BoG) assesses the impact of the Ukraine conflict on Greek macro data, with the baseline scenario of growth now lower by one percentage point and inflation notably higher. BoG presents two scenarios. The baseline sees growth
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Proposals to reform primary health care draw first reactions
PoliticsGreek Politicsthe creation of a network of “personal doctors” who will act as the first point of contact, maintaining
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Primary budget deficit at 1.69 bln euros in Q1 as tax revenues continue to overperform
EconomyMacroeconomyis below the target by 357 billion euros against an anticipated deficit of 1.33 billion euros at this point
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PM goes big on minimum wage increase, but opposition unmoved
PoliticsGreek PoliticsCovid is present regardless of the main cause of death. The government’s experts point to European
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