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SYRIZA turbulence shakes up opposition politics
PoliticsGreek Politicscould be on their way to becoming the fourth party after more than a decade of leading or being... would be “more than a forum for discussion, but less than a party.” The details remain sketchy
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PM launches reconstruction plan for disaster-hit regions as SYRIZA walkout spawns new group
PoliticsGreek Politicsthe dynamic as “more than a forum and less than a party”. SYRIZA has now lost one third of its central committee of 300 members, while it now only holds four more seats in Parliament than social
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Primary surplus confirmed at 5.83 bln in Nov on back of spending under-execution
EconomyMacroeconomy. The overall balance is better than the target by 1.97 billion euros. It should be noted that the targets... million euros. VAT revenues amounted to 21.66 billion, 131 million higher than the target. Excise tax... higher than the target. Tax refunds came to nearly 6.27 billion euros, above the new target by 133
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Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
EconomyMacroeconomyis better than the target by 4.58 billion euros. It should be noted that the targets have been revised... revenues amounted to 23.39 billion, 154 million higher than the target. Excise tax revenues were 7.02... below the target. Income tax revenues came to 20.88 billion Euros, 151 million higher than
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Manufacturing grows strongly in Jan, sentiment reaches pre-Covid levels
EconomyMacroeconomyof more than 50 points. S&P notes that the rate of growth in January was the fastest since April 2022... sharpest in two years, slower than only that seen in July 2023. Manufacturers noted that the rise was due..., as output prices rose at a solid pace, sharper than the series trend, despite the softening rate
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Budget starts new year on track, timing factors lead to 1.16 bln outperformance
EconomyMacroeconomy. The overall balance is better than the target by 1.18 billion euros. Revenues Net revenues in January stood... to 2.42 billion, 29 million higher than the target. Excise tax revenues were 528 million, 33.... Income tax revenues came to 1.9 billion Euros, 256 million higher than the target, mostly thanks
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Newsletter 415 - 08/03/2024
between 2 and no more than 2.5 pct. Once again, fixed capital formation is expected to grow by more than... primary surplus of more than 2 pct of GDP, but also due to the return of the fiscal rules without
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Underwhelming GDP highlights investment falling short of mark
EconomyMacroeconomybetween 2 and no more than 2.5 pct. Once again, fixed capital formation is expected to grow by more than 15 pct this year. This set of conditions will tie the hands of the government regarding... a high primary surplus of more than 2 pct of GDP, but also due to the return of the fiscal rules without
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Waning support in opinion polls generates concern for government
PoliticsGreek Politicsis around 4 points lower than in the poll conducted by the same company a month ago. Support... on 31.4 pct, which is 5.1 points lower than the last poll, while SYRIZA gains 15.1 pct and PASOK 13..., this would represent a good result. Conversely, if ND gains less than 30 pct, which opinion polls
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Income tax and VAT revenues drive budget primary surplus to 3.38 bln in Feb
EconomyMacroeconomy. The overall balance is better than the target by 1.34 billion euros. Revenues Net revenues in January... taxes (VAT, excise taxes etc.). VAT revenues amounted to 4.44 billion, 127 million higher than... million higher than the target, mostly thanks to corporate taxation, up by 397 million euros from
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