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Lending to corporations drives credit expansion of 3.8 pct YoY in Feb
EconomyMacroeconomyThe credit expansion in the Greek private sector picked up pace slightly in February, rising by 3.8 percent year-on-year (YoY), up from 3 percent in January, Bank of Greece (BoG) figures released.... This took the balance to 8.76 billion euros. Credit to sole proprietors was negative by just 2
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Newsletter 419 - 05/04/2024
, while full allocation boosts growth to over 3 pct. It was reported this week that the Finance Ministry... and 8.4 pct for men. Youth unemployment dropped by 2 percentage points to 25 pct. Hirings balance
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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach
EconomyMacroeconomymillion euros. Revenues jumped by over 3 billion euros to 107.84 billion euros, from 104.61 billion... market was steadily improving. With growth of more than 2 pct by most estimates for 2024 and assuming
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Slow pace at which RRF funds reaching firms a growing issue
Economyof investment growth than those of the Finance Ministry. For growth to reach the region of 2 pct this year... in January and 3 billion euros in April via a 30-year benchmark. This brings the execution of this year’s
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Newsletter 425 - 31/05/2024
of 3 pct, and New Left on the cusp of securing a seat, which would potentially split Greece’s 21... in the banking sector turned negative in April by 789 million euros, from a positive movement of nearly 2
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Housing tops government plans for policy reset in autumn
PoliticsGreek Politics“My Home” scheme could have a budget of around 2 billion euros. Other ideas that have been floated... out by the previous government. Pensions are expected to rise by less than 3 pct in January, meaning
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Mitsotakis argues there is no alternative as SYRIZA officials push Kasselakis out
PoliticsGreek Politicsrevenues has paved the way for this year’s spending to increase from 3 to 3.5 billion euros, allowing... announcements. He confirmed that a second version of the My Home scheme will be launched, supported by 2 billion
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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomymoderated but is still prevalent in Greece at around 3 pct. This, combined with the government’s... 2 pct of GDP and the new SGP rules that is designed to place caps on primary spending, they have
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VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
EconomyMacroeconomyin September 2023. The overall balance is better than the target by 3 billion euros. Revenues Net revenues... of the transfers to SSFs by over 2 billion and non-allocated expenditure that is 1.37 billion euros below
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Little common ground found in Gerapetritis-Fidan meeting, but talks to continue
PoliticsForeign Policy. In the meantime, on December 2 the two deputy Foreign Ministers Alexandra Papadopoulou and Memet Kemal... round of discussions on the so-called “positive agenda” is to take place next day, on December 3
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