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  1. EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
    Photo by MacroPolis

    EconomyMacroeconomy

    is lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2... in the draft budget estimate growth will reach 2.8 percent next year, mostly led by a substantial rise in investment spending. In spring, the EC expected the Greek economy to grow by 2.2 percent

    5%

  2. GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019

    EconomyMacroeconomy

    just short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019..., slightly under the MoF’s final budget forecast of 4.9 percent. Imports of goods and services rose by 2.5... marks the fourth consecutive year of positive GDP growth. According to the MoF’s 2020 budget, Greece

    5%

  3. Newsletter 318 - 26/11/2021

    Newsletters

    the primary balance reaching 2.2 pct of GDP in 2024, and to remain at that level until 2060. Nominal GDP... percentage points against the baseline, and the refinancing yield is seen at 2.2 pct until the end.... In the final 2022 budget that was submitted last Friday and which is currently debated in Parliament

    5%

  4. Newsletter 329 - 25/02/2022

    Newsletters

    on the budget, but also appears sceptical about the impact of interventions that might not have an impact... will have to deliver a primary surplus next year of 1.5 pct of GDP and then secure an average 2.2 pct... year, a fiscal turnaround of close to 3 pct of GDP. According to the Finance Ministry’s budget

    5%

  5. Newsletter 335 - 15/04/2022

    Newsletters

    the ordinary budget. It was not until a couple of weeks ago that a more comprehensive package was announced, which is expected to affect the budget by roughly 700 million euros. The concerns... the baseline assumptions and on the fiscal side Greece is expected to keep a primary surplus of 2.2 pct

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  6. Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
    Photo by MacroPolis

    Economy

    Greece’s budget execution showed a primary surplus of 707 million euros in the first half... to the final data released by the Ministry of Finance (MoF). The 6-month state budget deficit narrowed... in June from deficit of 340 to 520 million euros in the preceding three months. Similarly, the budget

    5%

  7. Challenging three days of diplomatic talks, protests and budget voting ahead for Greece

    PoliticsForeign Policy

    , with diplomatic talks, street protests and the voting of the budget all on the agenda. Turkish Prime... in 2008 and rocked the government at the time. Budget To add to the tension, MPs are also due to vote on the 2015 budget on Sunday. Since the latest demands being made by the troika are not going

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  8. Marked improvement for budget execution in Oct, primary surplus outperformance extended

    EconomyMacroeconomy

    Following a deteriorated fiscal performance in September, Greece’s budget primary balance showed... (MoF) preliminary budget figures showed on Friday. The October balance is the second highest monthly... expenditure (by 2.82 billion), higher Public Investment Budget (PIB) balance (by 821 million) and lower tax

    5%

  9. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    Greece’s budget primary balance displayed a surplus of 1.46 billion euros in October from a deficit of 726 million in September, the Finance Ministry (MoF) final budget figures showed on Wednesday... (by 2.82 billion), higher Public Investment Budget (PIB) balance (by 821 million) and lower tax refunds

    5%

  10. Notable increase in grants to social security sector leads to budget primary deficit in Nov

    Economy

    Greece’s budget primary surplus was confirmed at 4.34 billion euros in the 11-month period of 2015...) final budget figures published on December 24. However, the monthly evolution shows a primary..., the 11-month budget primary surplus over-performed by 1.69 billion euros largely due to lower primary

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