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Newsletter 396 - 06/10/2023
of the year.EconomyDraft budget strong on fiscal discipline, bullish on growthThe submission to Parliament of the 2024... euros of primary surplus. The government sees strong tax revenues’ growth of roughly 1.6 billion euros.... The budget is underpinned by strong growth assumptions, estimating the economic growth to accelerate
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Newsletter 426 - 07/06/2024
by a strong build up of inventories that pushed up capital formation. Quarter-on-quarter (QoQ), GDP... been growing QoQ for four straight quarters. Nominal growth was also strong YoY, rising by 5 pct... component due to the festive period. Exports also recorded a strong contraction compared to the same
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Mitsotakis seeks to end squabbling as ND heads to anniversary in pole position
PoliticsGreek Politics, wreaking havoc. However, ND continues to maintain a strong lead over a relatively weak opposition.... Following a number of cases involving attacks on young people by their peers, which gained strong... touches on the wider law and order issue, which had been one of the government’s strong cards, but has
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Newsletter 440 - 08/11/2024
in different regions and ethnic groups. The Harris campaign put forward the strong performance... the long-term average of 5.7 pct. These strong macroeconomic numbers did little to appease the concerns... figures point to strong economic developments while close to 70 pct of the Greek public in opinion
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Role of inflation in US elections gives government food for thought
EconomyMacroeconomyto varied degrees in different regions and ethnic groups. The Harris campaign put forward the strong... below the long-term average of 5.7 pct. These strong macroeconomic numbers did little to appease... headline figures point to strong economic developments while close to 70 pct of the Greek public
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Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomyagencies now having Greece in this category. Fitch notes Greece’s strong fiscal performance... debt decline among Fitch-rated investment-grade sovereigns. Greece also maintains strong cash... projects debt-to-GDP to fall to 120% by 2030. The government has demonstrated a strong commitment
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Latest BoG report sees sustained growth, range of challenges
EconomyMacroeconomycomponents. Fiscal performance remained exceptionally strong. Contrary to expectations of mild fiscal... strong foreign investor demand, and containing yield pressures. Greek banks and non-financial.... Greek banks remain financially robust, with strong profitability, high capital and liquidity ratios
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Greece braces for Middle East fallout as polls show ND holding firm despite voter unease
PoliticsGreek Politicsscepticism toward political leadership, and a strong desire for change. It is against this backdrop... a strong and widening lead and the opposition continues to be unable to convert public dissatisfaction.... Despite this aversion to escalation, the public expresses strong support for defensive measures linked
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Scope leaves 'BBB' rating unchanged, outlook remains positive
EconomyMacroeconomyaction since. The agency notes that Greece’s rating is supported by strong fiscal performance... financing, along with strong European institutional support, including Eurosystem backstops and EU funding... international investment position, and reliance on services exposed to shocks. Scope expects strong fiscal
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Increase in car sales accelerates to 44.3 pct in September
EconomyMacroeconomythe May to July readings, which exceeded the 10,000 mark. Following the strong performance... recorded in 2008. Market sources indicate that the strong recovery in car sales within 2014 is mainly attributed to improved consumer confidence, strong tourism leading to increased Rent-a-Car fleets
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