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New Democracy tax pledges put spotlight on available fiscal space
EconomyProgrammelegislated an average 10 percent cut in the property levy, which would have led to 265 million euros less... that for individuals, the monthly payment would be reduced to 20 euros from 30, while the interest rate would drop.... Ceilings on spending have already been set, at 45.2 billion for primary expenditure, 6.7 billion
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Newsletter 229 -22/11/2019
drop in foreign and domestic bonds of 1.25 billion, along with falls in repos (-841.1 million... and the second consecutive negative reading. The month’s performance was led by a decrease of 0.6... million euros. spending ceilings in areas where spending was under-executed consistently over recent
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Our most popular stories in 2014
Agoradisappointments of the troika-led program. One of the pillars of Greece’s adjustment was meant to be internal... three years is led by the exports of services. For instance, maritime transport exports, where..., whilst the respective rate for inhabited houses larger than 100 sqm posted an annual drop of 3.6
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Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
EconomyMacroeconomya cumulative drop of more than 24 percent since 2008. This mainly results from a nosedive... halved to 11.6 percent in 2014 from 22.7 percent in 2008. EC estimates investments to drop 3.1 percent... quarter by 0.6 percent QoQ from 1.6 percent in Q4. This was mainly led by export of services (-1.7
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Newsletter 120 - 26/05/2017
in a compromise solution being put on the table, which would have led to Greece’s next bailout tranche being.... However, a sharper decline in the corresponding payments by 33 percent led to the travel surplus... million, but lower privatisation revenues and higher tax refunds led to net revenues falling short
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Newsletter 351 - 16/09/2022
movements were led by a 10.5 pct reduction in petroleum products and 1 pct drop in chemical products.... the chaotic behaviour of the SYRIZA-led government that preceded New Democracy. “We are being called... spending, with officials breathing a sigh of relief that the solid economic growth, led by the bumper
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Newsletter 373 - 10/03/2023
. It seems that the drop in sales volumes during 2022 led to companies stockpiling and could... by 8.5 pct. Exports decreased by 0.8 pct and imports increased by 6.3 pct. The export drop was led...) at the close of 2022, from a rise of 0.4 pct in Q3. Q3 was revised up from the initially reported drop of 0.5
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Newsletter 376 - 31/03/2023
Dawn strongman Ilias Kasidiaris, is eligible to run under the new rules which preclude parties led.... Observers’ concerns have been compounded by the sharp drop in support for the current administration... governments since September 2015: One led by SYRIZA and the current New Democracy administration
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Newsletter 453 - 28/02/2025
accident. The report focussed on the systemic deficiencies that led to the 2023 crash. The report... will make Greek products 7 pct more expensive in the US, which could lead to a drop of just 0.05 pct in GDP... countries, led by Germany with 3.65 bn and France with 1.25 bn. Travel receipts from the USA amounted
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Industrial turnover rises by 11.3 pct in December
EconomyMacroeconomyled by a drop of 25.7 percent in coal, lignite and oil and gas extraction activities... from a revised drop of 8 percent seen in November, Hellenic Statistical Authority (ELSTAT) data.... The monthly performance was led by an 11.5 percent increase in the manufacturing index. The turnover index
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