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Newsletter 313 - 22/10/2021
, as they did in the latest budget data for September that beat the target by more than 900 million euros... in the region of 2 pct of GDP up to 2060. The Finance Ministry was also kept busy this week in the push... decade growth will be 2 pct, with Greece needing more than 3 pct to converge towards the eurozone
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomygrowth estimate in the final budget for 2022. Harmonized inflation is also significantly revised... inflation is 2 percentage points above the latest estimates, and a benign one where inflation..., the ministry revises the primary deficit upwards to 2 pct of GDP, from 1.4 pct before
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Newsletter 376 - 31/03/2023
. The first Sunday of that month, July 2, is seen as the cut-off point for a second election..., which is expected to take place on May 2, will determine whether Ellines, the party of jailed Golden... will be dissolved anew by May 31, and new elections declared for July 2. The second contest would take place under
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Newsletter 388 - 07/07/2023
, and an increase in public spending by 2 pct due to improved budget performance that will generate... programmes. The Parliamentary Budget Office (PBO) also published this week its latest quarterly report... to a more moderate growth of 2 pct. The 2 pct rise in handout spending will push up GDP growth
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GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY
EconomyMacroeconomy. Exports decreased by 0.7 percent and imports increased by 2 percent. The export drop was led... According to the latest Finance Ministry estimates included in the final budget for 2024, growth... from 3 percent to 2.5 percent. In its growth forecasts, the Parliamentary Budget Office expects
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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyyear-on-year, while imports were up by 9.6 percent. Goods exports increased by 2 percent YoY, while... percent, from the 2.9 percent that was the initial budget estimate. In the latest monetary policy report... from the previous estimate of 2.3 percent. In its growth forecasts, the Parliamentary Budget Office
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Newsletter 475 - 12/09/2025
into “French-style” austerity. New Democracy loyalists argue that sustained budget surpluses are the only safe..., from 0.1 pct in the previous quarter. This slight deceleration took H1 growth to just under 2 pct... lower tax rates across the scale by 2 percentage points, the focus has been on young taxpayers, below
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Bank of Greece decision bolsters Greek lenders’ capital ratios
EconomyMacroeconomy-forma 9-month 2013 EBA CT1 by 2 billion euros with the respective ratio hiking to 13.5 percent from 8.1...’s upcoming share capital increase of 2 billion euros. The bank has recently initiated the capital... the full (i.e. 100 percent) DTA recognition in the fourth quarter 2013 financial statements, Greek banks
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Greek current account deficit rises to 709 mln in February
EconomyMacroeconomy-resident’s direct investment in Greece showed a net inflow of 100 million in February and 55.4 million... forecasts for a C/A deficit of between 1 and 2 percent of GDP. The BoG's latest estimates point to a surplus of about 2 percent in 2014. The key risk to the BoG’s short-term projections lies
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Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
EconomyMacroeconomy. For the whole year the time deposit rate recorded a drop of 100 bps on the end-2013 figure of 2.82 percent... mid-2010. However, the current rate remains around 2 percentage points higher than the euro area average... cards) marginally rose by 2 bps to 14.50 percent. Overall, the average loan rate in all lending
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