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Latest 2022 fiscal data a boost as profit transfers and growth lead to small surplus
EconomyMacroeconomyThe Greek authorities were handed a welcome boost on Friday as ELSTAT announced the latest fiscal data for 2022, in the context of the first Excessive Deficit Procedure (EDP) notification of 2023, where a small primary surplus was recorded. ELSTAT notes that a measure of the primary balance
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SYRIZA seizes on latest spyware reports to renew pressure on government
PoliticsGreek Politicsof their devices, then allowing the illegal spyware to be installed. Reacting to the latest revelations
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Mitsotakis unveils latest housing measures as ND rebels query foreclosure regime
PoliticsGreek PoliticsHoping to show that the government has solutions to offer to the escalating housing crisis, PM Kyriakos Mitsotakis announced a raft of new measures designed to help first-time buyers. In the latest sign of unrest in his party, a group of ND lawmakers chose the same day to table a question on home
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IMF leaves growth and fiscal estimates for Greece unchanged in latest outlook
EconomyMacroeconomyThe IMF released this week the latest macro and fiscal outlook in the context of the spring meetings. Its observations on Greece were in line with those in the recent Article IV consultations. Real GDP estimates were virtually unchanged with growth seen at 2 pct, from 2.1 pct expected previously
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Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
EconomyMacroeconomyThe European Commission published on Monday its latest spring forecasts, which leave the macro and fiscal outlook for Greece broadly unchanged from the previous estimates, with the Greek economy seen outperforming eurozone growth by some margin. For last year, the Commission notes that domestic
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Tempe and subsidy scandal back in spotlight as MPs prepare to vote on latest probe
PoliticsGreek Politics. Karystianou’s latest accusations have added to the tension ahead of Wednesday’s debate. It is still
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Parties square up for latest Tempe inquiry with ND expected to easily dominate proceedings
PoliticsGreek PoliticsThe latest chapter in the political clash over the Tempe rail accident is set to kick off on Wednesday with the opening session of the preliminary inquiry focussing on possible criminal charges against former transport minister Kostas Karamanlis. Karamanlis, who was in charge of the transport
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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomyThe International Monetary Fund published this week its latest global macro and fiscal forecasts in the context of the annual meetings held in Washington. For Greece, the outlook remains positive although the IMF has a slightly more moderate take than the Greek authorities. The Fund sees the Greek
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Latest BoG report sees sustained growth, range of challenges
EconomyMacroeconomyThe latest interim monetary policy report published by the Bank of Greece sees the Greek economy sustaining its growth trajectory, maintaining the solid fiscal performance. The document also outlines policy recommendations for the ongoing economic challenges. The BoG notes that the economy
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IMF comments, blog leave no doubt credible debt relief has to be agreed soon
EconomyProgrammeAlmost two weeks after the publication of its Article IV consultation report on Greece, including its updated debt sustainability analysis, the IMF published on Thursday evening a blog with the Fund’s perspective on dealing with sovereign debt. The article is written by Sean Hagan, general Counsel
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