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Newsletter 188 -21/12/2018
Politics in flux amid rising tension Blast at Skai/Kathimerini, watchdog appointment and budget... of gaining a clear majority. In between these two developments, the 2019 budget was voted through... Union of Centrists, Yiannis Saridis, voted in favour of the budget. This was viewed as a sign
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Newsletter 206 -17/05/2019
details and how the new framework will be used. 2 Budget surplus at 1.46 bln in Apr Headline figure lands... Budget, which will impact growth. Alternate Finance Minister Giorgos Houliarakis joined the debate... the basis of post-programme surveillance, or the state budget. Greece submitted to the European Commission
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Newsletter 269 -16/10/2020
is also reflected in the draft budget for next year, which envisions a recession of 8.2 pct in 2020. Other analysts, including the Parliamentary Budget Office, see the disappointing tourism season... by October (40.6 percent) and November to December (4 percent). 2 Employment balance positive
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Newsletter 297 - 21/05/2021
on the plans that were included in this year’s final budget back in November, Greece is due... later in the year. 2 Unemployment at 16 pct in January Employment fell by 119,643 people compared... to the increase in the economically inactive population. Budget primary shows deficit of 6.21 bln in April Net
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Newsletter 11 - 16/01/2015
with the troika. Tapping the bond markets is out of the question due to soaring yields. 2. Returning... the previous government forecast of 1.8 percent incorporated in the 2015 budget. According to Finance Ministry preliminary budget data for 2014, the primary surplus reached 1.93 billion euros, 3 billion short
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Newsletter 267 -02/10/2020
households. Low-income households also spend 33 percent of the family budget on food. For non-poor households,19.1 percent of the budget is spent on food. 2 Budget primary at deficit of 5.48 bln in August Primary surplus below its target by 6.67 billion euros The budget primary balance recorded a deficit
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Newsletter 325 - 28/01/2022
, the energy prices crisis, the Finance Ministry received some encouraging budget execution data... included in the draft budget for 2022 at the end of November by 2.62 billion euros. The total... against the initial estimates included in the 2021 budget, Greece finds itself way off its initial
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Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
EconomyMacroeconomyoutlook for the year. The macroeconomic assumptions in this year’s budget compiled by the Finance Ministry... that the forecast was ambitious as most of their estimates ranged between 2 and 2.5 pct. Most... Ministry. Private consumption growth is seen at 1.6 pct, up from 1.3 pct in the 2024 budget, investments
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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
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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
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