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Newsletter 415 - 08/03/2024
, as the momentum from the pandemic recovery started to ease, GDP recorded growth rates of 2 pct, 2.7 pct... budget for 2023, the Finance Ministry expected fixed capital formation to grow by 15 pct in 2023, largely assisted by the benefits of the RRF on the public investment budget and credit expansion
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2015 primary surplus exceeds target as revenues outperform and expenditure is reined in
EconomyGreece’s budget primary balance reached 2.27 billion in 2015 up by 21.1 percent from the 2014 figure of 1.87 billion, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday afternoon... target for 2015 was 3.88 billion in the 2016 budget, upward revised from the 2.02 billion included
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Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
EconomyMacroeconomyand macroeconomic developments, presenting its views on the 2017 draft budget and whether targets will be met... to be in line with the draft budget. Overall, the report concludes that the 2016 budget figures will be in line with the 2017 draft budget figures significantly contributing, but not necessarily
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Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package
EconomyProgrammeas part of the troublesome second review of the third programme, will be scrapped. “The 2019 budget... Real FM on Thursday. “In fact, the budget will contain measures the will relieve the pressure... measures the 2019 budget would have a surplus of 500 million to a billion euros. Senior government
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Newsletter 216 -26/07/2019
and there will be no fiscal gap in 2019 or 2020. It is this triptych that the government is now basing its budget... and ANFA bonds as revenues in the 2020 budget. Greece is due to receive 1.3 billion euros next year... The budget primary balance recorded a surplus of 381 million euros in the first six months of 2019
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Newsletter 308 - 17/09/2021
and Growth Pact and would have to deliver a balanced budget after deficits of close to 10 pct in 2020... surplus in the region of 2 pct of GDP, which assuming the economy will begin approaching 180 billion... secured the lenders’ approval so they can remain in place in next year’s budget. The costliest
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Debt strategy for 2022 set to continue along this year's steady path, assisted by PEPP
EconomyMacroeconomy2022 budget anticipates the debt-to-GDP ratio resuming a downward path. The Finance Ministry provided... purchase programme PEPP. The draft budget outlines more than 29 billion euros of ECB purchases of GGBs... and 1 billion euros and yields of 0.02 pct and 1.675 pct respectively. The draft budget also notes
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Newsletter 331 - 11/03/2022
in the budget for more relief measures. However, Greek hopes were dashed on both counts after the first day... budget, while the opposition has been pressing for more radical interventions. The publication... represents the sharp end of the inflation crisis in Greece, where unleaded fuel has risen above 2
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Newsletter 360 - 25/11/2022
by one point to 30 pct, while trust in SYRIZA leader Alexis Tsipras has risen by 2 points to 22... on Monday the final budget for 2023 which, despite the global challenges, sees the Greek economy growing next year and the budget turns into a primary surplus. Meanwhile, consensus is building that the next
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Newsletter 363 - 16/12/2022
Staikouras presented the draft budget almost a month ago, the last of New Democracy’s current term, he described it as a historical and deeply symbolic moment, being the first budget in 12 years to be compiled outside an MoU or enhanced surveillance regime. The vote on the budget is due to take place
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