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IMF urges caution on public finances
Economystance that Greece should record a primary surplus of roughly 2 pct of GDP, which it sees being achieved by 2027. This will follow a deficit of less than 2 pct of GDP this year, contingent on the need
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Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
EconomyMacroeconomycurrent commitment is for a primary surplus of roughly 2 pct of GDP. Despite the fiscal laxity since... as Greece is scheduled to have a primary deficit of close to 2 pct of GDP this year, as the Ukraine
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Lower trading income for NBG keeps net profits at 490 mln in H1
EconomyBankingwere virtually unchanged, standing at 1.9 billion euros at the end of H1, from 2 billion euros in Q1... cost in H1 was 1 basis point, from -2 basis points in Q1 this year Capital The CET1 ratio stands
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Government claims tourism season a major success, opposition begs to differ
PoliticsGreek Politicsis preparing around 2 billion euros in interventions this autumn. This includes electricity and fuel..., but it appears that this will not involve the government shifting its 2 pct of GDP primary deficit
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Vehicle sales record back-to-back annual drop of 2.7 pct in July
EconomyMacroeconomyThe rise in road motor vehicles going into circulation for the first time stayed broadly unchanged in July, rising by 2.3 percent year-on-year (YoY), following 2 percent growth in June, according... cars rising by 2.7 percent, used passenger car sales were down by 2 percent. In the seven months
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Govt puts focus on handouts, migration to take heat off surveillance affair
PoliticsGreek Politicsthe original figure of 800 million to 2 billion euros. The government has been hoping that this can... euros, which could reach 2 billion euros by year end. Tourism is also a moving target. Government
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economyto come in the full year to 4.3 billion euros, or 2 pct of GDP, with the rest covered by the Energy... authorities as the fiscal commitments require turning this year’s 2 pct primary deficit
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Rising contributions spark concern in key voter groups
PoliticsGreek Politicsand employees. New Democracy has targeted a 2 pct of GDP primary deficit this year and, for the time..., but next year is projected to be below 2 pct, underlining the difficulty of the task facing
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Newsletter 355 - 14/10/2022
draw away from the centre-right party the 2 or 3 percentage points that would be the difference... than 2 million German and UK visitors, while the overall inbound travelers from the EU came to more
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NBG reports 652 mln profit in 9M, core PPI up 14 pct
EconomyBankingof 11 percent. Pre-provision income (PPI) stood at 935 million euros, down by 2 percent on the 958... million euros, up by 2 percent YoY. Balance Sheet Group deposits amounted to 55.68 billion euros in 9M
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