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Athens goes along with EU over Libya, waits for Turkey's move at UN
PoliticsForeign Policythe deployment of warships to enforce the United Nations arms embargo on Libya. According to the EU foreign... that this operation will have as a goal the implementation of the arms embargo imposed by the United Nations
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Newsletter 95 - 11/11/2016
to a decline in clothing and footwear (-2.2 percent), miscellaneous goods and services (-1.6 percent), food... production by 2.2 percent, while electricity, water supply and mining and quarrying production fell by 2.8, 3... that the key issues of the review include the 2017 budget, the Medium-Term Fiscal Strategy (MTFS
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PBO sees normality returning, but inflation will have multifaceted effects
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) published its latest quarterly report on Tuesday in which... is expected to grow by 2.2 pct this year and also by 2.2 pct in 2024. This year’s inflation is seen at 4.6... for lower transfers and 2.2 pct from higher handouts. The PBO describes this new growth path as more
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Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
EconomyMacroeconomyslowed at 2.2 percent year-on-year (YoY), from a 2.5 percent YoY rise in Q1 last year. The 2.2 percent... increased by 2.2 percent year-on-year, while imports were up by 2.4 percent. Goods exports increased... in the final 2025 budget, with growth seen at 2.3 pct for 2025. In the latest financial stability report
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Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target
EconomyMacroeconomyGreece’s budget primary surplus for the first two months of the year reached 1.24 billion euros, down 40 percent, according to the Finance Ministry (MoF) final budget bulletin. Tuesday’s figures... (by 731 million), higher Public Investment Budget (PIB) balance (by 318 million) and higher tax refunds
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Budget primary surplus of 1.19 bln in Jan markedly better than target
EconomyMacroeconomyGreece’s budget primary surplus rose to 1.19 billion euros in January from 443 million last year, the Finance Ministry (MoF) preliminary budget bulletin displayed on Monday. The marked improvement primarily reflects a sharp increase in the Public Investment Budget (PIB) surplus to 430 million (from
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Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
EconomyMacroeconomyGreece’s budget primary surplus rose by more than 29 percent to 2.72 billion euros in the 4-month...) final budget execution bulletin showed on Friday. The headline number is 339 million euros higher than... of the Public Investment Budget (PIB) revenues by a similar amount to 1.91 billion from 1.57 billion
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Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
EconomyMacroeconomyGreece’s budget primary surplus slipped by 3.8 percent to 3.57 billion euros in the 7-month period of 2016 from 3.71 billion last year, the Finance Ministry (MoF) preliminary budget execution.... The state budget deficit of 810 million displayed a similar performance, down by 3.6 percent from
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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomyGreece’s budget primary surplus fell by 4.4 percent to 3.55 billion in the 7-month period of 2016 from 3.71 billion last year, the Finance Ministry (MoF) final budget execution bulletin displayed... in the course of this year. The state budget balance showed a deficit of 832 million in the 7-month
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Budget primary surplus of 3.8 bln to Aug beats target by wide margin
EconomyMacroeconomyGreece’s budget primary surplus edged down 1.1 percent to 3.76 billion euros in the 8-month period...) preliminary budget execution bulletin displayed on Tuesday. The headline figure continues to outperform.... The state budget deficit stood at 1.04 billion euros in the 8-month period, down by 6.3 percent from
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