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Newsletter 352 - 23/09/2022
surplus of 1 pct of GDP. The latest preliminary budget execution data is a source of optimism... is above target by over 1 billion euros, thanks to 513 million of overperformance in personal income
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Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
EconomyMacroeconomythe primary balance to a surplus of 1.62 billion euros, or 0.7 pct of GDP, below the goal of 1 pct of GDP and the total deficit to 4.51 billion euros, or 2 pct of GDP. Interest payments are seen 1
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Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
Economythan 1 billion euros in offers for 200 million euros auctioned, a coverage ratio of 5.13x. Monday’s... as the consensus is that Greece although it will avoid recession it will barely grow by some 1 pct
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Budget primary balance continues strong performance in Oct, ahead of target by 6.4 bln
EconomyMacroeconomyrefunds came to 4.91 billion euros, over 1 billion euros above target. Expenditure Up to October, overall expenditure stood at 53.64 billion euros, below the target by 1 billion euros, from a mixture
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Newsletter 360 - 25/11/2022
is reflected in the budget in the more modest growth of private consumption and exports, by only 1 pct..., the European Commission also takes a more modest outlook, with growth seen at 1 pct next year
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Economic sentiment partially recovers to 101.4 in Nov, consumer confidence also up
EconomyMacroeconomy, dropping to 84.4. The EU average ESI stood at 92.2 points in November, rising by 1 point from the previous month. The euro area’s ESI was 93.7 points, also up by 1 point from October. The recovery
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Inflation drives up retail sales by 10.5 pct in Sep, but MoM sees 0.6 pct drop
EconomyMacroeconomy, after an increase by 1.2 percent in the previous month. The volume’s monthly movement was down by 1..., with fuels up by 5.5 percent, and modest rises in food by 0.5 percent and non-food by 1 percent. According
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Newsletter 361 - 02/12/2022
in the sector were suggesting that the additional income from the higher rates could reach over 1 billion... called Gefyra (Bridge) 1 and 2 that subsidised mortgages initially and then business loans, under
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Newsletter 363 - 16/12/2022
dropped by 0.8 points, while SYRIZA’s backing has risen by 1 percentage point. However, New... and the state budget had to chip in with close to 1 billion euros. Low energy demand during October
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Election date seen hanging in balance as PM weighs pros and cons
PoliticsGreek Politicsby one month, from May 1 to April 1, the implementation of the next increase to the minimum wage has
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