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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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Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
EconomyMacroeconomycrisis, and the inflation wave. Since then, the tourism season has brought some signs of optimism... figure included in the final 2022 budget. The latest inflation estimate has also been pushed up
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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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ND and SYRIZA prepare to set out on campaign trail
PoliticsGreek Politicsis a sure sign that elections in Greece are approaching, although the metro expansion has been.... The opposition also believes that it can convince voters that the current government has damaged the quality
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Opposition parties reject official conclusions of surveillance inquiry
PoliticsGreek PoliticsThe official report of the special parliamentary inquiry into the surveillance affair has ignited a fresh confrontation between the government and the parties of the opposition, with the latter... by the Greek intelligence service to bring closure to the affair which has divided the political scene since
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