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Greek primary surplus at 400 mln to Oct but arrears keep piling up
EconomyMacroeconomyEAP terms and comparable to the government’s estimate of 812 million for the whole year 2013
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Revenues beat target for third straight month, put primary surplus in sight
EconomyInvestment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan-Sep primary surplus of 1.12..., remaining above the 4-billion mark for a third consecutive month, with the Jan-Sep figure landing... Jan-Aug figures accounted for just 18-38 percent of the annual targets.
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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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New Democracy decides on date for leadership vote, candidates get on the road
PoliticsGreek Politicsto rally the centrist vote by convincing supporters of other parties, such as To Potami and Drasi.... The cost of holding the ballot is estimated at around 700,000 euros and due to the financial difficulties
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New team at Finance Ministry tasked with familiar old juggling act
PoliticsGreek PoliticsDrasi, founded by Konstantinos Mitsotakis’s former finance minister Stefanos Manos, and has led... an estimated 6 billion euros over three years. Deputies With so much in his inbox — including the perennial
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C/A deficit to April narrows by 34.7 pct boosted by services
EconomyMacroeconomy. The year to date net flow widened accordingly to 5.6 billion from 310 million at the end of the first... in 2013, the IMF and the OECD estimate C/A balance will remain positive in 2014-15, at 0.2 – 0.9 percent
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Where is Greek growth coming from?
Agora. Quarterly growth rates hit -4 percent several times, and were negative overall. A truly deep recession... again, and my estimate suggests that it is now around 0.7 percent a year. Putting these supply... may not be truly captured under “remuneration” and hence classified as labor income. Instead, it may
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To Potami aims for rapid rise to third spot in Greek elections
PoliticsGreek Politicsliberal parties, Drasi, threw its weight behind To Potami this week. Drasi has tried for a number... to a broad audience. Drasi gained 1.8 percent in the May 2012 elections and teamed up with another liberal... media coverage than other smaller parties. Drasi always found it difficult to convince voters
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