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  1. GDP continued to slow in Q4, rise for 2023 at 2 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    GDP grew by 2 percent, with final consumption up by 1.8 percent, investments down by 0.5 percent... estimates included in the final budget for 2024, growth for 2023 was seen at 2.4 percent, while... forecasts, the Parliamentary Budget Office expects the economy to grow by 2.2 pct this year

    31%

  2. IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    by 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly... the Greek Finance Ministry’s 2.9 pct growth estimate, which was the basis for the 2024 budget. The longer... commitment of primary surpluses above 2 pct of GDP. The primary balance is seen at 2.1 pct of GDP

    31%

  3. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    The Greek Finance Ministry (MoF) submitted the 2015 draft budget on Monday, with the headline..., the MoF anticipates the primary surplus will reach 3.6 billion euros (2 percent of GDP), lower than.... Primary surplus The draft budget outlines a number of potential positive catalysts, which have

    31%

  4. Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln

    EconomyMacroeconomy

    Greek bank credit contraction edged up to 2 percent in May, after slowing to 1.9 percent in April, Bank of Greece (BoG) figures displayed on Monday. Net deductions increased to 357 million euros..., with slight deductions of 14 million increasing the year to date negative flow to 100 million

    30%

  5. Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    above 100 points once more in September 2017 before dropping below it in October and November... consecutive month and fell by 2 points to -53 in February compared to -51 in January. Year-on-year

    30%

  6. Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index rose by 2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, after falling by 0.7 percent in the previous quarter, Hellenic Statistical Authority.... On a quarter-on-quarter basis, an increase of 4.5 percent was noted. The NSA index came to 100, the highest

    30%

  7. Consumption and investments drive Q3 GDP growth of 2 pct YoY
    Image: MacroPolis

    EconomyMacroeconomy

    growth accelerated to 2 percent year-on-year (YoY), from a 1.6 percent YoY rise in Q2. Growth over the nine months of the year averages to 2 percent, needing a slightly stronger finish in the last... QoQ. Outlook In the final 2026 budget, the Finance Ministry sees growth at 2.2 pct for 2025 and 2.4

    30%

  8. Lower spending, extra revenues result in budget execution beating targets in March

    EconomyMacroeconomy

    Greece’s budget execution showed the 3-month primary surplus rose to 1.74 billion euros, up 12.6... billion, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday... (by 1.18 billion) and higher Public Investment Budget (PIB) surplus (by 856 million) more than offsetting

    30%

  9. Budget primary deficit at 1.13 bln in Nov as taxes continue to outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to November 2022 came to a deficit of 1.13 billion euros, compared... Ministry (MoF) budget execution data released on Thursday. As is the standard practice, once the final budget for the next year is submitted, the targets for the running year are revised. This means

    30%

  10. Strong start to budget execution in 2024 as Jan brings 2.12 bln primary surplus
    Image: MacroPolis

    EconomyMacroeconomy

    The budget primary balance started the new year strongly with a surplus of 2.12 billion euros in January, according to the preliminary budget execution data released by the Finance Ministry (MoF.... Expenditure, excluding interest payments and the public investment budget, came to 3.58 billion euros. Net

    30%