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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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Numbers stacking up for PM to announce winter relief package
PoliticsGreek Politicsoriginally expected is required from the budget to cover the cost of the assistance programme due... to the bumper tourism season this summer. This would create around 2.2 billion euros of extra fiscal space
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Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
EconomyMacroeconomyincreased by 10.6 percent YoY and also by 2.2 percent QoQ. Over the full year 2022, real GDP is up 5.9... months. According to the Finance Ministry’s latest official estimates included in the final budget
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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyFiscal Monitor seeing the budget deficit fall below 3 pct this year to 2.4 pct and almost halve... primary surplus is 2.2 pct of GDP from 2026, as high as 2.7 pct in 2028. The composition of revenues
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Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
EconomyMacroeconomy, from 1.8 pct in the 2023 final budget at the end of 2022. The most recent inflation estimate for HICP..., published mid-May, the Bank of Greece reiterates its growth outlook of 2.2 pct in 2023, with consumption
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IMF forecasts high primary surpluses, tempers growth expectations
EconomyMacroeconomyauthorities presented in the draft budget of 2024. The longer-term outlook remains very tame..., from 1 pct in 2023 and remain above 2 pct for the whole forecast horizon up to 2028 at 2.2 pct
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Mitsotakis targets reforms, but day-to-day challenges set to dominate agenda in 2024
PoliticsGreek Politics’s budget contains around 1.6 billion euros in measures that are aimed at helping Greeks cope... into just 2.2 pct in an election scenario. On the flipside, though, just 6 pct of respondents say
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