Search
-
Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economyseen closing the fiscal gap. Incorporating all fiscal interventions, total revenues in 2020 will reach 54.13 billion, from 54.31 billion in 2019. Total expenditure will reach 57.05 billion euros, from... organisations that monitor the Greek economy. The European Commission expects Greece to grow by 2.2 percent
7% -
Newsletter 302 - 18/06/2021
cost the pandemic had on the Greek budget, with a total of 33 billion euros of support committed... with 5.18 billion euros and 1.05 billion euros this year. Deferrals of tax obligations total 1.7 billion... in May slows to 2.2 pct Monthly flow was negative by 17 mln Corporate lending balance's net monthly
7% -
Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
EconomyMacroeconomypct in 2023. Exports of goods and services growth is expected to accelerate to 6.3 pct, from 2.2 pct... in imports is also seen doubling to 4.5 pct, from 2.2 pct in 2023. This will bring nominal GDP..., which is improved on the target of 0.7 pct of GDP. The total deficit will be at 7.37 billion euros
7% -
Newsletter 475 - 12/09/2025
on in the relief package that was presented by the PM last Saturday. The total package was worth close to 1.8... as they are captured in income declarations. Taxpayers earning up to 15,000 euros were 71 pct of total, while those... pct, while month-on-month (MoM) the index grew marginally by 0.1 pct. Food inflation came in at 2.2
7% -
Final 2026 budget foresees stable growth and strong tax performance
EconomyMacroeconomyratio. Next year’s growth is seen at 2.4 percent, from 2.2 percent this year, with private consumption... will double to 4.5 percent, from a 2.2 percent rise in 2025, while imports also accelerate, growing... of GDP, from 3.6 percent this year, while the total deficit will come to 0.2 percent, from a surplus
7% -
Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...
7% -
Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
7% -
Greek central gov't debt rises to recent high of 181.1 pct at end of Q4 2014
EconomyMacroeconomyby a net decrease in Financial Support Mechanism (FSM) loans (by 2.2 million). The rise in T-Bills stems... standing at 217.92 billion making up more than two-thirds (67.2 percent) of total debt. Note that total disbursements from the EU/IMF reached 226.5 billion at the end of 2014, of which 194.7 billion
7% -
Greek banks' equity raising could keep official support to a minimum
Economytheir capital base by around 9.7 billion in total from private investors, of which 3.5 billion relates.... Eurobank The bank announced on October 29 a voluntary exchange offer for a total of 877 million... Fund (HFSF), while three private investors control a total stake of 34.5 percent. In particular
7% -
General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln
EconomyMacroeconomy7.33 billion last year to 5.51 billion in 2017. Revenue from taxes dropped by 2.2 percent to 47.40... billion while compensation of 16.22 billion euros accounted for 20.4 percent of the total. Arrears... and tax refund arrears by 11 million. Since the start of 2017, total arrears declined by 1.58 billion
7%