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Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
EconomyMacroeconomy) will be a key driver for growth, adding 2 pct of GDP growth, from the 5.5 billion euros of inflows..., with a fiscal impact of 2 percentage points, leading to a primary deficit of 3 pct of GDP. Fiscal On the fiscal.... The total cost is 24.16 billion euros, 21.47 billion of which is allocated to 2020. The actual cash impact
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Newsletter 270 -23/10/2020
(a daily record since Covid-19 reached Greece), taking the total 549, with another 90 patients... another 2 billion euros, with a re-offer yield of 1.15 pct, implying a price of 109.46. The book.... The total amount outstanding for the 2035 maturing issue is now 4.5 billion euros. More than 280
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MTFS forecasts growth of up to 6.2 pct in swift economic recovery from Covid
EconomyMacroeconomyhad on the Greek budget, with a total of 33 billion euros of support committed in 2020 and 2021 - 17.4... euros and 1.05 billion euros this year. Deferrals of tax obligations total 1.7 billion euros in last... is expected to have a small primary deficit of 0.5 pct of GDP, before returning to primary surpluses of 2
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Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct
EconomyMacroeconomy) in the last quarter (Q4) of 2021, from a downwards revised 2 percent in the third quarter (Q3... consumption rose by 2 percent, investments grew by 17.7 percent pct QoQ and exports also increased... percent, and exports of goods up by 4.1 percent. Total imports also increased by 33.2 percent, thanks
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economyto come in the full year to 4.3 billion euros, or 2 pct of GDP, with the rest covered by the Energy... billion euros, out of the total 13.2 billion euros energy support package. This was split between 4.1 billion euros for households and 6.5 billion euros for firms. The total 5.5 billion euros package
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Newsletter 394 - 22/09/2023
. According to party sources, some 37,000 members did not vote in the first ballot, in which a total... pct of GDP this year and double above 2 pct of GDP in 2024 Athens is in a tight fiscal framework... year, to roughly 7 billion euros. Although the oil deficit up to July was over 2 billion euros lower
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Newsletter 403 - 24/11/2023
the region of Thrace. This brings the total number of newly independent MPs to 11, which allows them..., as the Finance Ministry sees total revenues at 68.38 billion euros, up from 65.2 billion euros... to 6.7 billion euros. Spending will be higher by almost 2 billion euros, with the rise in the public
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agoraof its natural gas demand and 47 percent of its total energy needs with imports from Russia, making... are still going ahead[2]. Under the latest plans, the Alexandroupoli plant will be linked...” which supported the original NECP. Overall, the total generation capacity of almost 80 GW (roughly four
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Newsletter 453 - 28/02/2025
, roughly 2 billion euros, were directed to the US in 2023. In the first 11 months of 2024, it accounted..., with 11.71 billion euros out of a total of 21.27 bn up to November last year coming from European Union... estimated that when second round effects are included, the total effect on exports, including exports
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Newsletter 454 - 07/03/2025
for France and 3.92 pct for Italy, compared to 2 pct, 2.9 pct and 3.2 pct respectively in December... performance is structural and could be repeated in 2025, leading to a primary surplus of over 2 pct... in July 2013. The number of employed also rose by more than 60,000 annually, leading to total
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