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  1. Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    pct. In the draft budget that was submitted a week ago, the Greek authorities see the economy... outlook, Fitch sees a primary deficit of 0.9 pct in 2023, from 2.2 pct this year, which is far off the Greek draft budget forecast for a primary surplus of 0.7 pct of GDP and the commitment to lenders

    4%

  2. EC cuts 2023 growth forecast by more than half to 1 pct
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    is slightly above the 0.7 pct recorded in the draft budget for 2023 of last month. For next year, the Commission forecasts a primary surplus of 2.2 pct, leading to a total deficit of just 0.8 pct of GDP... conditions and a persistent inflation wave in its forecasts. In the draft budget, the Finance Ministry

    4%

  3. Newsletter 397 - 13/10/2023

    Newsletters

    , Moody’s indicated that it expects robust growth dynamics with an average growth of 2.2 pct over... outlook for next year as presented in the draft budget last week. The ministry assumes that growth... growth forecasted in the 2023 budget. Private consumption is expected to slow to 1.6 pct rise next

    4%

  4. Q1 GDP growth accelerates to 0.7 pct QoQ
    Photo by MacroPolis

    EconomyMacroeconomy

    that was the initial budget estimate. In the latest annual report of the governor that was presented... forecasts, the Parliamentary Budget Office expects the economy to grow by 2.5 percent this year... growing by 2.2 percent in 2024. In its latest WEO released in April, the IMF sees growth of 2

    4%

  5. Newsletter 429 - 28/06/2024

    Newsletters

    of the Parliamentary Budget Office - highlighted issues that have placed the government under pressure from... path in the short-term, with the estimate for this year at 2.2 pct, then 2.5 pct in 2025 and 2.3 pct... was touched upon by the Parliamentary Budget Office (PBO). It estimated that out of a cumulative

    4%

  6. Reports raise questions about some economic policy decisions
    Photo byPanayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    report of the Parliamentary Budget Office - highlighted issues that have placed the government under... and rather stable growth path in the short-term, with the estimate for this year at 2.2 pct, then 2.5 pct... for the Greek government was touched upon by the Parliamentary Budget Office (PBO). It estimated that out

    4%

  7. Newsletter 452 - 21/02/2025

    Newsletters

    has turned into a star pupil as its budget outperformed also in 2024, suggesting that the eurozone... that the budget started the new year on a solid footing with tax revenues reaching 5.98 billion... the non-domestic market was up by 2.2 pct.

    4%

  8. Newsletter 465 - 06/06/2025

    Newsletters

    allocation to the public investment budget. This week’s developments were hailed by Finance Minister... from July, when the Finance Ministry will have a good picture of the budget execution from the first... by 2.2 pct, from 2.5 pct in Q4 2024. The quarterly movements in Q1 were led by a rise of 1.2 pct QoQ

    4%

  9. GDP grows by just 0.3% QoQ in Q2, eases to 1.9% YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    in Q2 were led by a rise of 0.2 percent QoQ in final consumption. Investments increased by 2.2 percent.... It is highly likely the new estimates that will be presented in the 2027 draft budget will be more... budget assumptions. The Bank of Greece (BoG) also sees 2026 growth at 1.9 pct. The European

    4%

  10. Coalition's moves on public sector hirings under scrutiny
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in this year’s budget. The increase is largely attributed to the larger amount of social security... Minister Pavlos Polakis said that the government has replaced contractors in catering, cleaning

    4%