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  1. Newsletter 223 -11/10/2019

    Newsletters

    Budget negotiations continue Athens still in talks with institutions on 2020 fiscal gap amid excess...’s draft budget as the two sides try to ensure that there is no danger of a fiscal gap appearing... in the final version of the budget. The economic plan includes tax relief and spending measures worth 1.2

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  2. Newsletter 254 -19/06/2020

    Newsletters

    . Mitsotakis also announced a number of targeted measures proposed by the government, including a 100... Investment Budget (PIB) balance came to a deficit of 638 million euros, deepening notably from the deficit for last year which stood at 331 million. Budget primary deficit widens to 4.80 bln in May

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  3. Newsletter 238 -07/02/2020

    Newsletters

    measure aimed at deterring human traffickers. He also highlighted the government’s repeated chopping..., to 4.8 percent in 2020, 2.6 percent in 2021 and 2.2 percent in 2022. The long-term risk-free rates

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  4. Latest EC review clears path towards end of enhanced surveillance process in 2022
    Photo by EC - Audiovisual Service

    EconomyProgramme

    and regional ports. Progress is also noted in public administration with the integrated human resources... underpinning the DSA are for a long-term primary balance of 2.2 pct of GDP, real GDP growth of 1.5 pct, 3.5

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  5. Newsletter 360 - 25/11/2022

    Newsletters

    on Monday the final budget for 2023 which, despite the global challenges, sees the Greek economy growing next year and the budget turns into a primary surplus. Meanwhile, consensus is building that the next... budget, with inflation also revised up to 5 pct, from 3 pct previously. The global uncertainty

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  6. Significantly contained spending pushes July primary surplus 4.36 bln above target

    EconomyMacroeconomy

    The budget primary balance produced a surplus of 7.96 billion euros up to July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary... and the public investment budget, came to 30.38 billion euros. Net revenues were 42.86 billion euros

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  7. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    in the first quarter of 2016. Yet, the budget execution of that year missed the primary surplus... was too late to act, it submitted a budget that intended to cut the deficit by 3.6 percentage points... on the memorandum with the troika, Greece tabled a 2011 budget that had an additional 9.2 billion in measures

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  8. Newsletter 135 - 13/10/2017

    Newsletters

    of GDP this year and 2.2 percent in 2018, hitting the programme target of 3.5 percent of GDP in 2019... is included in Greece’s draft budget. The IMF’s tax revenue projections also differ by about a third... jumped from 5.1 billion in June to 6.03 billion in August. In the draft budget tabled last week

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  9. 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

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  10. 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

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