Search
-
Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeatures, when Crédit Agricole’s ill-fated acquisition of Emporiki Bank for 2.2 billion euros brought in just.... A recent study estimated that golden visa-linked purchases in 2018 accounted for one third
8% -
Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP
EconomyMacroeconomy, from 2.2 pct this year. CPI and HICP will converge next year to 2.6 pct, from the 4 pct region... debt sustainability. The Greek economy is estimated to grow by 2.9 pct next year, from 2.4 pct
8% -
Is Greece on track to decouple from fossil gas?
Agorainfrastructure, as it already foresees 2.2 GW of PHES (the current capacity being 0.7 GW) and 3.1 GW... of CO2 estimated in the NECP; this, in turn, will compromise the NECP’s fundamental climate target
8% -
Primary balance at 3.25 bln in Apr, above target thanks to favourable timing
EconomyMacroeconomythe target by 2.2 billion euros. The ministry notes that the overperformance is mainly due... of February 2024, with an estimated amount of 647 million euros is counted in the fiscal result of 2023
8% -
Government sets out fiscal plan, prepares multi-bill in shadow of deadly wildfire
PoliticsGreek Politicsfor this year to 2.2 pct, increasing to 2.3 pct next year. The primary surplus for this year is expected... of the trade tax for the self-employed, is estimated to include interventions worth 1.2 billion
8% -
Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomyits time in office. Growth for this year is seen at 2.2 pct, when the 2024 budget had assumed... consumption in 2024 is seen growing by 1.7 pct, exports are estimated up by 4.2 pct and imports will rise
8% -
EC doubles 2023 growth forecast to 2.4 pct, affirms 2.5 pct of GDP primary surplus next year
EconomyMacroeconomyin the previous estimate in February. Although growth is seen slowing significantly from the 5.9 pct recorded last... estimate for 2024 is revised slightly down to 1.9 pct, from 2.4 pct in the previous estimate, as Greece
8% -
Greek credit contracts again in April but at slightly lower rate of 3.7 pct
EconomyMacroeconomybalances fell 3.3 percent to 70.82 billion with monthly net deductions at 145 million. Similarly
8% -
Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomy. The yield on the 6-month T-Bills has retreated by 145 bps in the year to date. It was at 2.70
8% -
Greek primary budget surplus rises to 2.53 bln at end of September
Economy: personal income tax (by 416 million), other non tax revenues (by 451 million), VAT (by 145 million
8%