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Newsletter 351 - 16/09/2022
will most probably be needed to elect a government.EconomyDespite major impact from energy, budget... of the benefit. In any case there is an understanding that energy will impact the budget greatly, hence the submission of a supplementary budget of 2.9 billion euros this week to include the added
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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomyeconomy growing by 2 pct this year and in 2026, with both estimates below the outlook the Greek authorities included in the 2026 draft budget, which expects the economy to grow by 2.2 pct this year... Outlook (WEO) of April that expected the economy in 2026 to grow by 1.8 pct, and 2 pct this year
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The politics of debt dynamics in Greece
Agoraindebtedness trap. Source: Data is from the draft budget for 2015 submitted by the Greek government... percent.[2] Despite these favourable parameters, there are also serious doubts about Greece’s capacity... to achieve a primary surplus (before interest payments) in its central budget every year, preferably
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomythe state budget at 17 million from a surplus of 1.83 billion in the 11-month period and social... budget posted the highest adjustment within 2014 as its 2013 deficit stood at 5 billion euros...) followed by hospitals (down by 148 million) and state budget (down by 118 million). Similarly, the year
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Newsletter 23 - 17/04/2015
markedly in the first quarter of this year. Local media claimed that around 2 billion euros of new... been since December 2012. March's figure is the highest reading since January 2013. Budget primary surplus rises Greece’s budget primary surplus rose to 1.74 billion euros, up 12.6 percent, at the end
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General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln
EconomyMacroeconomyfiscal performance in the state budget and deteriorating in the other three sectors. The primary cash surplus of the state budget substantially widened by almost 2.5 times to 2.97 billion euros from... 13.7 percent of total. State budget arrears eased MoM yet they have risen by 571 million YtD to 728
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Newsletter 125 -30/06/2017
envisaged in this five-year period. 2 Budget primary surplus up 26.5 pct Five-month primary target beats... of the Noor 1 cargo ship seized with around 2 tons of heroin on board in 2014 - had asked for protection... successive month, albeit slowing to 114 million in May from 656 million in April The budget primary
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Newsletter 136 - 20/10/2017
recession in 2016 The budget primary balance recorded a surplus of 4.50 billion euros in the first nine..., the Finance Ministry (MoF) preliminary budget execution bulletin showed. The year-to-date primary surplus... euros off target. Net revenues of 34.72 billion euros missed their target by 2.29 billion. The budget
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Newsletter 159 -27/04/2018
this year compared to last year, though the average amount payable has declined year-on-year. 2 Budget primary surplus at 2.37 bln in Mar Figure for the first three months of the year beats target by 1.27 bln The primary surplus surpassed its target by 1.27 billion euros. The budget primary balance
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EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
EconomyMacroeconomyat 2 percent. The Commission notes that based on the first three quarters available data, real GDP..., with the rise of those employed at 2 percent year-on-year, pushing the rate of unemployment down to 16.6... government’s budget assumption of real GDP growth of 2.8 percent. Since 2016, when Greece essentially
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