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  1. Newsletter 277 -11/12/2020

    Newsletters

    budget (-4 million) and extrabudgetary funds (-2 million). Hospital arrears rose by 10 million MoM... slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... of 2 percent seen in October, Hellenic Statistical Authority (ELSTAT) figures showed. The average CPI

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  2. Productivity developments in the Greek public and private sector
    Photo by MacroPolis

    Agora

    their own productivity based on GVA produced per government employee.[2] These data can... to the same quarter of a year earlier (to avoid seasonality). Figure 2 shows the growth rates for the economy... is endogenous. [2] For instance, Statistics Denmark published a series of annual reports

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  3. Economic sentiment rises above 111 pts in July but consumer confidence drops further
    Photo by MacroPolis

    EconomyMacroeconomy

    the pandemic and the first lockdown started to manifest itself last April, however the ESI is now just 2... in June. Consumer confidence is now roughly 2 points higher compared to July last year when it stood... points. The services index dropped by nearly 2 points to 25.4, after a sharp improvement by 14.4

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  4. The case for a general government balance sheet

    Agora

    and 2 illustrate balance sheet data in more detail. Figure 1 above captures for Greece and the Euro-19... to a more detailed look at the balance sheets in Tables 1 and 2. The balance sheets reflect the data..., it is possible to make the balance sheet not only backward looking, as in Tables 1 & 2, but also

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  5. Newsletter 327 - 11/02/2022

    Newsletters

    has pledged since the start of the energy crisis last autumn to 2 billion euros. Finance Minister... into February. This means the government has committed more than 2 billion euros to help consumers pay... to present a budget at the end of this year that will lead to a surplus, even if it is not at 2 pct

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  6. 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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  7. 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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  8. 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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  9. 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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  10. 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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