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Public debt records first marginal drop, to 394 bln, in Q2 as IMF repaid and bond activity limited
EconomyMacroeconomyattached to the first programme, which Greece has started repaying. An additional 130.9 billion relate... to 18.17 years in Q2, from 18.22 years in Q1. Peak average maturity was 20.85 years in Q3 2019 and has
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Electricity price shock, pressure on phone-tapping take shine off surveillance exit
PoliticsGreek Politicseuros/KWh from the suppliers’ 0.68-0.78 euros/KWh. Overall, the impact on the state budget has been.... The government has been downplaying the significance of the challenge, and the indications are that its... into the autumn, as it tries to structure its last economic package en route to the next elections
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VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul
EconomyMacroeconomyrelated to military procurements and the non-allocated expenditure of 1.28 billion euros that has... euros of this allocation has taken place, broadly on target.
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Despite another annual rise of 35.6 pct in Jul, producer prices fall for third straight month
EconomyMacroeconomy, when it grew annually by 9.1 percent. It has been growing ever since, gathering pace over nearly a year and half. This has taken the index from 102.63 points in February last year, to 146.9 points
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Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop
EconomyMacroeconomyAuthority (ELSTAT) data released on Friday. The index has now grown in five out of the first seven months of the year and has been on a general recovery trajectory since November 2020
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economypresented by the PM has an allocation of 3.65 billion euros of permanent measures and 1.85 billion euros... for electricity bill subsidies, although it has several sizable interventions like the “inflation cheque
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Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
EconomyMacroeconomy. Overall, the PIB balance landed at a deficit of roughly 3 billion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount fully.
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Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
EconomyMacroeconomy-allocated expenditure of 1.71 billion euros that has not materialised yet. Interest payments came to 4.15..., RRF intakes were 1.72 billion euros and all of this allocation has taken place, with 1.36 billion
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PM voices concerns about tricky first ballot in next year's elections
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has underlined to his party the importance of New Democracy ensuring it performs well in the first of what could be at least two national elections next year... that the surveillance scandal has had little impact on public opinion. The latest issue
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Industrial production up by 3.9 pct in Aug as rare monthly contraction is recorded
EconomyMacroeconomy, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The index has now grown... this year has been on a general recovery trajectory since November 2020. Month-on-month (MoM
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