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  1. Govt weighs escalating impact of Ukraine war on public finances

    PoliticsGreek Politics

    , the average price of unleaded fuel at the pump is expected to cross the threshold of 2 euros/litre. More... to 3.5 pct from the original 4.5 pct in its baseline scenario, while the adverse scenario is as low as 2... of the proposal to exempt defence spending from fiscal calculations. Such a move could shave around 2

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  2. Newsletter 335 - 15/04/2022

    Newsletters

    higher towards 2 pct of GDP, from 1.4 pct previously. Finance Minister Christos Staikouras also... the primary surplus to 2 pct of GDP this year, there is a steep fiscal effort coming in 2023, having... campaign in 2023 offering more tax relief measures, which by some estimates require 2 billion euros

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  3. IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    deterioration of the current account. This is largely due to the oil deficit that exceeded 2 billion euros... deficit of 1.9 pct in 2022, with surpluses increasing from 1.1 pct of GDP in 2023 to 2 pct of GDP in 2027... and a primary deficit this year of roughly 2 pct, as things stand and assuming no escalation in relations

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  4. Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    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... inflation on the contrary, pushes the primary balance above 2 pct of GDP this year and lower than estimates

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  5. Newsletter 336 - 06/05/2022

    Newsletters

    that the authorities submitted to Brussels last week. The deficit will only stretch to 2 pct of GDP... above 2 pct of GDP in the two subsequent years to 2025. This leads to a consistent downward path... conditions were evident in the steeper yield that exceeded 2 pct, drawing just 1.5 billion euros from just

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  6. Where is Odysseus? Part 5 - Productivity
    Photo via https://flic.kr/p/2cusZTV

    Agora

    .[2] The dotted line in Figure 1 shows the employment path that was anticipated in Odysseus’ 2018... of real GDP, which is presented in Figure 2. Again, we show the current path as the solid line... of Greece” (Amazon.com 2020). [2] As we write these blogs, new shocks are hitting Greece and the world

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  7. Newsletter 387 - 30/06/2023

    Newsletters

    outperformance of 2 billion euros up to May thanks to VAT and income taxes beating targets. However... dropping below 2 pct, it might struggle to continue pushing back on that front and fiscal space might get... encouraging signals for Greece as economic sentiment rose by 2 points to its highest since early 2022

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  8. PBO sees normality returning, but inflation will have multifaceted effects

    EconomyMacroeconomy

    by 10 pct, stemming from the withdrawal of support measures; and an increase of public spending by 2... growth of 2 pct. The 2 pct rise in handout spend will push up GDP growth by a negligible effect

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  9. Newsletter 388 - 07/07/2023

    Newsletters

    , and an increase in public spending by 2 pct due to improved budget performance that will generate... to a more moderate growth of 2 pct. The 2 pct rise in handout spending will push up GDP growth

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  10. 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... and 2 percent in 2024. The OECD in the economic outlook last week places Greek growth at 2.4 percent this year, slowing to 2 percent in 2024.

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