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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyrevenue targets included revenues of 884 million euros from the first two instalments of the new... will be missed accordingly. For the remainder of the year, the payment of ENFIA with estimated revenues of 2.65
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GDP revision for 2017 points to slight improvement from initial estimates
EconomyMacroeconomyGreece’s Statistical Authority (ELSTAT) issued on Wednesday the second estimate of the national... of the European System of National and Regional Accounts ESA 2010. The first estimate for 2017 was published... year-on-year, from a first estimate of 1.4 percent growth that was announced in March. Final
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OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
EconomyMacroeconomyThe OECD released on Monday its latest Economic Outlook, in which it significantly revised its growth estimate for Greece for this year to 3.8 pct, from 0.9 pct in the previous forecast last December. At the time, the OECD had pointed out that the recovery could be stronger if the support package
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European Commission leaves 2024 growth estimate of 2.3 pct unchanged
EconomyMacroeconomyThe European Commission left Greece’s growth estimate for 2024 unchanged in the latest winter forecast published on Thursday, expecting the Greek economy to grow by 2.3 pct. The forecast remains slightly more moderate than the 2.9 pct growth the Finance Ministry expects, on which it has based
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Newsletter 495 - 20/02/2026
to explore for gas south of Crete was “unlawful”, arguing that it violates the 2019 Turkey–Libya maritime memorandum and Libya’s declared maritime claims. Greece considers those claims null and void..., suggesting a stronger finish is required in Q4 to reach that estimate. In any case, the market broadly
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyfunds 166 million and 859 billion by other legal entities, to make up the actual spend of 4.97... and estimates due to limited resources. It notes that when there is an underspend in a fiscal year
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Talks on bailout review head for crucial weekend
EconomyProgramme. Meanwhile, the Labour Ministry announced on Thursday that an amount of 859 million from the 2017... estimated the primary surplus would reach 0.63 percent of GDP in 2016 and 1.8 percent in 2017, both
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Newsletter 235 -17/01/2020
was 2.82 billion, municipalities spent 1.12 billion, social funds 166 million and 859 billion..., the Hellenic Banking Association said that roughly 60 percent were rejected, and an estimated 30
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomy, is expected to reach 1.09 percent of GDP in 2016, higher than both the draft budget estimate of 0.63... (218.4 million) 5) Increase in the excise tax on tobacco products, including electronic cigarettes (142... detailing the government’s fiscal and macro estimates for 2016 and 2017. The government’s initial forecasts
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Newsletter 485 - 21/11/2025
the 2.2% estimate for this year. Private consumption is expected to remain robust, though slightly more... of the RRF, roughly split in half. At the same time, bankers estimate that the loans component of the RRF... the government’s initial estimate by €1 billion. However, this also weighs heavily on household budgets
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