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  1. IMF revises fiscal outlook, sees lower primary surpluses in coming years
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    before falling from 2.6 to 2.3 percent of GDP between 2020 and 2023 and settling at 2 percent in 2024... to 2022, which is the scheduled agreed commitment horizon, and then it would drop to 3 and 2.8 percent

    17%

  2. Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets
    Photo by MacroPolis

    EconomyProgramme

    and will improve the country’s debt profile, reducing the debt-to-GDP ratio by 3 percentage points until 2060..., providing a clearer indication of whether New Democracy’s forecast for 2 percent expansion this year

    17%

  3. General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    rose by 683 million euros to 35.29 billion euros, a rise of 2 percent YoY. Social contributions.... Expenditure rose by 1.64 billion euros (+3 percent YoY) to stand at 55.43 billion euros. This was driven

    17%

  4. Focus shifts to DSA, fiscal targets after IMF loan prepayment
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    and interest charges next year, decelerating to 1.44 billion in 2023. Greece was due to repay on December 3... due to the IMF stood in excess of 2 billion euros and was significantly higher than the 1.37

    17%

  5. FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
    www.mfa.gr

    PoliticsForeign Policy

    was also connected directly with the announcement of the signing in Athens on January 2... embraced the project and is a member of the so-called "3+1" alliance with Greece, Cyprus and Israel

    17%

  6. Overall loan interest rate edges up to 4.34 pct in Nov

    EconomyMacroeconomy

    The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted... decreased by 3 bps to 0.36 percent.

    17%

  7. Economic sentiment rises to 109.5 in Dec, hitting 12-year high
    Photo by MacroPolis

    EconomyMacroeconomy

    deteriorated. Industry confidence rose by 0.6 points month-on-month to stand at 2 points. Year-on-year... trade dropped by 3 points month-on-month to 22 points, and showed a rise of 3.6 points year-on-year

    17%

  8. Where is the EastMed pipeline heading?
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    Agora

    through the so-called 3+1 process. The signing ceremony sparked some over-the-top reactions in Greece... expect the signing of the EastMed pipeline accord on January 2 to have any immediate impact on Turkey’s

    17%

  9. November travel receipts drop by 42.9 pct on lower French receipts
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    receipts from the 28 European Union (EU 28) countries fell by 2 percent YoY and stood at 157.7 million... 28 countries went up by 3 percent and came to 21.7 visitors. Arrivals from euro-denominated

    17%

  10. Overall loan interest remains at 4.34 pct in December

    EconomyMacroeconomy

    existing loans dropped by 2 bps to 3.98 percent. The spread between existing loan and deposit rates... to sole proprietors increased by 3 bps to 6.76 percent. Corporate loans with a defined maturity

    17%