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Greek primary budget surplus at 707 mln as revenues beat target in May
Economyin May and -7.1 percent in 5-month to 2.9 billion, 2.2 percent short of target. Tax refunds surged... to the Medium-Term Fiscal Strategy adopted last month. The new estimates suggested the primary surplus would... to the new full year estimates. The final 5-month primary surplus and budget deficit indicated both figures
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Greek exports down 5.9 pct in August, imports also fall 16.4 pct
Economyto 12.41 billion euros, reflecting a drop in exports by 4 percent and a rise in imports by 2.2 percent.... percent, according to the flash estimates of commercial transactions released by Hellenic... transactions on October 24. These figures will include its updated estimates of August imports
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Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015
Economy. The EC expects private consumption to increase by 1.7 percent in 2015 and further by 2.2 percent... implementation of Economic Adjustment Programme (EAP) commitments, the EC has lowered its GDP growth estimates... front, the EC estimates primary surplus of 1.7 percent of GDP in 2014 with the headline deficit
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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammethe revenues from privatisations to 1.5 billion euros for 2015, 700 million lower than the target of 2.2..., MacroPolis understands that the Finance Ministry estimates the primary surplus could exceed 1.2 percent... estimates are also subject to the swift completion of negotiations between the Greek authorities
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Newsletter 42 - 11/09/2015
drops Greece’s consumer price index (CPI) fell by 1.5 percent in August, from 2.2 percent... with the official estimates of the institutions overseeing Greece’s adjustment programme. In addition... programme, the European Commission estimates (under its optimistic scenario) that bank the privatisation
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Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
EconomyMacroeconomywas posted in the 35-44 age group, while the respective rate for the 25-35 age group fell by 2.2 pp... to the most recent estimates, the European Commission projects the unemployment rate to ease to 24.7... for this year and a lower figure of 23.4 percent for next year. OECD estimates are more optimistic
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Govt intent on making some relief measures permanent
PoliticsGreek Politicspackage, even if the primary surplus goal of 2.2 pct of GDP from 2023 onwards remains as is. This is thanks to the very high primary surplus estimates that were included in the Medium-Term Fiscal... to the primary surplus estimates seen in the Medium-Term Fiscal Strategy dropping by roughly 1 percentage
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EC tweaks forecasts, sees 2023 growth at 1.2 pct
EconomyMacroeconomyin 2024 is now seen at 2.2 percent, from 2 percent in autumn. Price growth during 2022 was 9.3 percent, while a 4.5 percent is expected this year and 2.4 percent in 2024. These estimates are revised...The European Commission updated its estimates in the latest winter forecasts, essentially retaining
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Newsletter 403 - 24/11/2023
will also double in growth to 4.6 pct, from 2.2 pct this year. Inflation is also seen moderating... as the outcomes fall short of the bullish estimates. In its first budget submission for 2020 after..., the 11.7 pct rise did not meet the expectations. The bullish estimates for investments growth were
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Newsletter 35 - 17/07/2015
, higher than the IMF’s estimate of 1.5 billion. Moreover, assuming the implementation of the fiscal... be lowered by SMP and ANFA income of 7.7 billion to 74 billion, which is its official estimate for the net...Funding needs seen over 80bln Slight differences with IMF funding estimates In a 12-page assessment
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