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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomybillion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyto 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came
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EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
EconomyMacroeconomygrowth at 2.1 percent, marginally accelerating to 2.3 percent in 2025 and at 2.2 percent in 2026... is not seen meeting the ECB objective before 2026, expected at 3 percent this year and 2.4 percent in 2025, falling below the 2 percent threshold in 2026. In the estimates in May, inflation for 2024
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Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
EconomyMacroeconomyin economic expansion in 2025 and 2026. Alongside robust private consumption, backed by steady income growth, these factors are projected to sustain GDP growth at 2.3 pct in 2025 and 2.2 pct in 2026... gradually, reaching 2.8 pct in 2025 and 2.3 pct in 2026. Core inflation (excluding energy and food
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Newsletter 501 - 03/04/2026
for a €300 million emergency fiscal intervention. The closure of the Strait of Hormuz on 2 March 2026... pct. Key risks ahead The duration of the conflict remains the decisive variable for Greece’s 2026 performance. Under a scenario where the conflict abates by mid‑2026, the BoG projects growth will slow
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How Iran war is reshaping Greece’s economy
EconomyFeatures. The closure of the Strait of Hormuz on 2 March 2026 remains the primary driver of global trade... of the conflict remains the decisive variable for Greece’s 2026 performance. Under a scenario where the conflict abates by mid‑2026, the BoG projects growth will slow to 2.0 pct, compared with the 2.4 pct
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Main residence draft law shows signs of compromise in several areas
EconomyProgrammeto 21,000 euros for a married couple and 5,000 euros is added to this for each child, up to a maximum... a maximum of 80,000 euros. It should be noted that the government had initially wanted the maximum level of deposits to be set at 65,000 euros and for the immobile assets to have a maximum value
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Tailor-made Maastricht criteria for Greece?
Agorafor a maximum debt ratio of 60 percent, then the tolerable maximum deficit would have been 2 percent... calculate the maximum tolerable deficit over time, and on average for each country and for the EU27 as a whole. This is indicated in the last column of Table 2 as a maximum deficit for the EU27 as a whole
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Greece trying to lay 'phantom' pensions to rest
SocietyOne of the main problems the Greek state faced at the start of the crisis was putting right the obvious public administration inefficiencies that had become an undue burden on the country’s finances while also being a source of gross unfairness. An example of this was Greece’s pension system
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