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  1. Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
    Photo by MacroPolis

    EconomyMacroeconomy

    of 1.5 pct of GDP in 2023, reaching 2.2 pct in 2024 and remaining at that level on average... euros and interest payments at 2.5 pct of GDP. Even if the primary surplus goal of 2.2 pct does not need... conflict and the energy crisis require budget outlays to cushion the blow. Turning this deficit

    4%

  2. May cash deficit improves markedly YoY as revenues rise by 3.5 bln
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    of Greece on Friday. The overall cash balance was a deficit of 933 million euros, from a deficit of 2.2... euros. The Public Investment Budget (PIB) balance came to a deficit of 348 million euros, broadly... and significantly reduced expenditure by nearly 2.2 billion euros as last year was affected by Covid

    4%

  3. Newsletter 359 - 18/11/2022

    Newsletters

    passengers. This stamina of the economy is also reflected in the budget execution, where the primary... pct of GDP, towards 2.2 pct in the following year. Along with the limited fiscal capacity, compared... December last year, when it had grown by 23.6 pct. Month-on-month the index posted a 2.2 pct drop, now

    4%

  4. Newsletter 433 - 13/09/2024

    Newsletters

    by good budget performance in the year-to-date. This week, Naftemporiki daily reported... pct of GDP by 2027. This will have to materialise while growth will be moderating its year, from 2.2... also lost the effects that inflation has on indirect taxes as CPI is seen moderating to 2.2 pct next

    4%

  5. EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    growth at 2.1 percent, marginally accelerating to 2.3 percent in 2025 and at 2.2 percent in 2026. In May, growth for this year was seen at 2.2 percent and 2.3 percent for 2025. Inflation in Greece... in May. On the fiscal side, the budget balance will stand at 0.6 percent of GDP this year, falling

    4%

  6. Newsletter 466 - 13/06/2025

    Newsletters

    growth rate in Q1 came to 2.2 pct, which is in line with the Finance Ministry’s growth projection of the year at 2.3 pct, as included in the budget for the year and with the ministry yet to provide... by a more modest 0.7 pct YoY. Total exports also grew by 2.2 pct YoY, while imports also rose by 2.4

    4%

  7. Greek current account deficit rises to 709 mln in February

    EconomyMacroeconomy

    . Two-month exports eased 2.2 percent, while imports rose by a modest 0.7 percent. Although...-resident’s direct investment in Greece showed a net inflow of 100 million in February and 55.4 million

    4%

  8. How Greek banks were left on the brink
    Photo by Harry van Versendaal

    Agora

    levels in February (9.6 billion), eased to 2.2 billion in March and then increased again to 4.7 billion... of around 59 percent, which is seen maintained at these levels by the end of the year, for every 100

    4%

  9. European Commission evaluates impact of bailout programme
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    annual impact is planned for 2016 at 2.2 percent of GDP. Note that the adjustment for 2015 is seen... percent as of 2016 and the increase in the advance payment for corporate income from 75 to 100 percent

    4%

  10. Greece fell two places to 60th in Doing Business ranking, World Bank says

    Economy

    . A DTF score of 0 represents the worst performance and 100 the frontier. Last year’s data and ranking... requires 5 procedures, takes 13 days and costs 2.2 percent of income per capita. For Dealing

    4%