Search
-
Newsletter 302 - 18/06/2021
cost the pandemic had on the Greek budget, with a total of 33 billion euros of support committed... the budget is expected to have a small primary deficit of 0.5 pct of GDP, before returning to primary... in May slows to 2.2 pct Monthly flow was negative by 17 mln Corporate lending balance's net monthly
5% -
Newsletter 388 - 07/07/2023
programmes. The Parliamentary Budget Office (PBO) also published this week its latest quarterly report, in which it sees growth for this year and 2024 at 2.2 pct. The PBO presents three scenarios..., and an increase in public spending by 2 pct due to improved budget performance that will generate
5% -
GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomyin 2025. In its growth forecasts, the Parliamentary Budget Office expects the economy to grow by 2.2 pct this year and by 2.2 pct in 2024. The European Commission upped its outlook on Greece for this year... pct that appeared in the 2023 final budget at the end of 2022. The most recent inflation estimate
5% -
GDP continued to slow in Q4, rise for 2023 at 2 pct
EconomyMacroeconomyforecasts, the Parliamentary Budget Office expects the economy to grow by 2.2 pct this year and by 2.2 pct in 2024. The European Commission in its winter forecasts sees the Greek economy growing by 2.4... estimates included in the final budget for 2024, growth for 2023 was seen at 2.4 percent, while
5% -
Newsletter 475 - 12/09/2025
into “French-style” austerity. New Democracy loyalists argue that sustained budget surpluses are the only safe... belt since the debt crisis broke out in 2010. Last year, personal income tax brought in the budget... pct, while month-on-month (MoM) the index grew marginally by 0.1 pct. Food inflation came in at 2.2
5% -
Have inflation "repay" Greek debt and growth reduce indebtedness
Agorato Greece’s budget would be very limited. Put differently, such a haircut would be the least attractive...) the benefit to Greece’s budget would be minimal. Alternatively, Greece could assume the following position... be 800 million euros. Those 800 million would annually flow through Germany’s budget but there wouldn
5% -
No let up ahead in terms of fiscal demands for new Greek government
EconomyProgrammein 2018. As early as October, the Finance Ministry (MoF) has to adopt a supplementary 2015 budget, the draft 2016 budget and a 2016–19 medium-term fiscal strategy that will include a series of parametric measures and structural fiscal reforms. The draft budget is historically tabled on the first
5% -
Primary surplus beat target in 2015 on higher revenues and restrained spending
EconomyGreece’s budget primary balance was confirmed at 2.27 billion euros in 2015 from 1.87 billion in 2014, the Finance Ministry (MoF) final budget bulletin showed on Friday. The reported fiscal outcome... SMP and ANFA income. On top of revenue outperformance, the budget performance in 2015 was also
5% -
New Democracy tax pledges put spotlight on available fiscal space
EconomyProgramme. This means that the fall in revenues will burden the 2020 budget. It is estimated that the cut... of around 100 million euros, but was not mentioned by Mitsotakis in his speech on Saturday. The previous... budget will have to be submitted to the institutions in September, by which time
5% -
General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomyagainst 1.24 billion euros last year. Overall, the state budget primary balance showed a fall of 9.33 billion euros, landing at a deficit of 7.46 billion euros. The budget primary balance for the same time... a decline of 27 million euros, while a rise of 100 million was seen in transfers. Expenditure rose by 2.66
5%