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IMF cool on growth, urges greater effort on bank, fiscal and labour reforms
EconomyProgrammeinvestment budget and calls on the Greek authorities and the official creditors to consider... at the moment owes 6.7 billion SDR and the Greek authorities have kicked off the process of prepaying 2.2
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CPI edges up by 0.2 pct in November
EconomyMacroeconomyby an increase of 2.5 percent in communication. This was followed by transport (+2.2 percent) and health... (-10.1 percent) and oils and fats (-8.7 percent). The government revealed in its 2020 budget
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Newsletter 242 -06/03/2020
, Greece’s GDP could grow by 2.2 percent this year against a baseline of 2.5 percent, which... overall for 2020, given that the budget for this year provides very little room to manoeuvre
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MoF to announce measures for safeguarding businesses impacted by COVID19
Economyon the expectation of meeting a primary budget surplus target of 3.5 percent of GDP this year given... the government’s target of 2.8 percent. Under the first scenario, Greece’s GDP could grow by 2.2 percent
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CPI falls by 1.1 pct YoY in May
EconomyMacroeconomypercent) and communication (-2.2 percent). Increases were noted in clothing and footwear (+3.4 percent... budget that it had anticipated the HICP rising by 0.7 percent in 2020, though this is likely
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Newsletter 253 -12/06/2020
budget. Earlier this week it emerged that 20 million euros were spent on public information campaigns... percent in transport. This was followed by housing (-3.9 percent) and communication (-2.2 percent). Car
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Newsletter 257 -07/07/2020
prefers to load the measures on this year’s budget as the fiscal restrictions have been removed... percent before recovering by 2.2 percent in 2021. Also during the week, it was revealed that the stock
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OECD releases new outlook calling for sustained reforms post Covid-19
Economypoint by 2030. “Higher growth and a sustained primary budget surplus of 2.2 percent of GDP would
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GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
EconomyMacroeconomy. Final consumption expenditure decreased 2.2 percent (though government consumption was up 7.3.... Outlook According to the MoF’s forecasts included in the budget for 2021 tabled last November
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Govt treads carefully on economic relief measures, hoping normality is near
PoliticsGreek Politics. The industry also argues that it has a multiplier effect of 2.2 so its impact on the wider economy... a stricter budget to Parliament so Greece can produce a surplus in 2023. The government would also like
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