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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammeinto a 3 percent long-term nominal growth rate, on the assumption that inflation will reach 2 percent... used in 2015 will be recovered, noting that 2 billion euros were already repaid in February last year... was seen at 165 percent in 2020, deescalating further to 127.2 percent in 2030 and below 100 to 96.4
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BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankinginterest rates by 100 basis points and a primary surplus at 1.5 percent of GDP in the long term will breach the assumption of Gross Financing Needs (GFN)-to-GDP from 2032 and push Debt-to-GDP over 100 percent. BoG anticipates Greek economic growth to pick up pace in the coming years, growing by 2 percent
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First-wave champion Greece stumbles at vaccine roll-out
Agorait was administering just 2 tests per thousand people. The number of tests increased with the introduction of mass... %, meaning one in four in the most senior age group remains unvaccinated (compared to 100... in population size and economic scale, has vaccinated 100 % of its citizens over the age of 60. Greece’s
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Newsletter 420 - 12/04/2024
mature party with a loyal base. The Alco poll shows that PASOK has attracted 2 pct of voters who backed... Stability and Growth Pact rules and Greece's long-standing commitment to primary surpluses above 2 pct..., and with polls showing it heading in the wrong direction in less than 100 days, Hatzidakis is keen
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agoraare still going ahead[2]. Under the latest plans, the Alexandroupoli plant will be linked... Europe Facility for the Greece-Cyprus leg, 100 million euros from Cyprus’s Recovery & Resilience Mechanism and a potential 100 million euros from an agreement between Greece’s IPTO and an Israeli
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September revenues drive 9-month Greek primary surplus up to 2.53 bln
EconomyGreece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month... to higher revenues by almost 1 billion MoM. The 9-month budget deficit stood at 2.29 billion euros... primary and budget balances continue to outperform targets in the 9-month period by 979 million
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Newsletter 183 -16/11/2018
in circulation rose by 128.7 million euros in October to total 31.88 billion. 2 Budget primary... to be scrapped. This will allow the Greek government to submit the final version of the 2019 budget to Parliament on Wednesday, as scheduled. The budget is due to be tabled on the same day
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Newsletter 235 -17/01/2020
looms for home protection scheme Public investment under spotlight amid arguments over budget... budget level than it was. In a statement accompanying the preliminary budget release for December, Deputy Finance Minister Theodoros Skylakakis claimed that the Public Investment Budget (PIB
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Newsletter 298 - 28/05/2021
signal is coming from low new NPE formation, significantly better than expected.” 2 Economic sentiment... for the unemployed amounted to 700,842 in February. Budget primary deficit confirmed at 6.2 bln in April Balance was below its target by 954 million euros. The budget primary balance recorded a deficit
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Newsletter 303 - 02/07/2021
, maybe even with a bigger reduction. These measures have a fiscal cost of 2 billion euros, which...-month budget primary deficit at 8.14 bln, well short of target The Bank of Greece issued on Monday... Ministry budget execution bulletin for May showed on Monday. The budget primary balance was confirmed
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