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  1. IMF sees solid primary surplus from 2023, debt falling to below 150 pct of GDP by 2027
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    The International Monetary Fund has mapped out what it believes Greece’s fiscal path will look like in the Fiscal Monitor that was released as part of the meetings with the World Bank currently being... the forecast horizon, landing at 2.2 pct of GDP by 2027 and 1.2 pct of GDP next year. Revenues as part

    3%

  2. Industrial turnover grows by 23.5 pct in Sep for lowest rise since end-2022

    EconomyMacroeconomy

    of contraction, the index posted growth of 18.2 percent in March 2021 and has been growing ever since... market was down by 15.4 percent while the foreign markets were down by 2.2 percent. Greece’s

    3%

  3. Travel receipts almost double, but current account deficit rises by 78 pct in 9M
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    , from 398.4 million euros last year. The balance of goods excluding oil and ships was 2.2 billion euros... up to September 2021. The oil deficit has more than doubled, from 3.46 billion in the nine months

    3%

  4. CPI growth slows to 8.5 pct as electricity prices record rare 5.3 pct YoY fall
    Photo via www.lamdadev.com

    EconomyMacroeconomy

    increase has not been recorded in Greece since the mid-90s. The harmonised index of consumer prices (HICP... percentage points. On a monthly basis, electricity rose by 2.2 pct.

    3%

  5. PDMA sets out modest debt strategy for 2023
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of Europe Development Bank. Privatisation receipts are expected at 2 billion euros, while 2.2 billion... that despite the challenges, the prudent management of the state liquidity has kept cash reserves above

    3%

  6. Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021

    EconomyMacroeconomy

    ’s figure of 73.4 million euros, and just 2.2 million euros in December 2020. Travel receipts came.... The oil deficit has more than doubled, from 5.88 billion in 2021 to 13.59 billion euros in 2022

    3%

  7. Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    pct in 2023, from 1.8 pct in the WEO of last October. Although it has not been officially published... primary surplus is 2.2 pct of GDP from 2026, as high as 2.7 pct in 2028. The composition of revenues

    3%

  8. Retail index continues to rise in Mar, but food sales volume stagnant
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    for nearly a year. On a monthly basis, the seasonally adjusted index increased by 2.2 percent, from 0.9... points in the previous month. Although the indicator has recovered from the previous low of -57.9

    3%

  9. Industrial production growth slows to 1.4 pct annually in May, only manufacturing expands
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (ELSTAT) data released on Monday. The index has been growing in all five months of 2023. Up to May... points to 4.3, after a 2.2 points drop in May. Since July last year, industry confidence is up by almost

    3%

  10. VAT and income tax drive budget performance in Jun, interest bill above target by 741 mln
    Finance Ministry

    EconomyMacroeconomy

    , the PIB balance landed at a deficit of roughly 2.2 billion euros. Greece has also received 1.72 billion

    3%