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Draft 2022 budget represents first attempt to restore post-pandemic fiscal order
EconomyMacroeconomyto an all-time high of 205.6 pct last year and 197.9 pct in the end of 2021. The total deficit in 2020.... This is an improvement of nearly 12 billion euros. The total deficit will drop to 6.76 billion euros, down to 3.6... rising by more than 2 billion euros ins 2022 to 14.89 billion. Roughly 700 million euros in personal
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IMF maintains cautious view on public finances, sees debt declining slowly
EconomyMacroeconomya 10.5 pct total deficit last year. In the coming years, the deficit is expected to drop to 4.3 pct... climbing to 2 pct of GDP in 2023, 2.8 pct in 2024 and 3.7 pct of GDP in 2025. The Greek authorities see a total surplus of 0.5 pct of GDP in 2024 and 1.4 pct in 2025. As a percent of GDP, revenues
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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek Politicswage to be raised to 800 euros. The 2 pct increase on January 1 took the basic gross monthly salary... persistence. Another 106 Covid-related deaths were recorded on Tuesday, taking the total toll.... The leftists voted in favour of the outlay on a total of 24 planes to upgrade Greece’s defence capabilities
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NBG reports profits of 833 mln in 2021
EconomyBankingto an improvement of the bank’s blended funding cost to -2 basis points, compared with 7 bps... that reflected improved profitability. The total capital ratio reached 17.5 pct, comfortably exceeding... and Ethniki Insurance sale will boost CET1 to 18 pct and the total capital ratio to 19 pct.
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PM unveils 1.1-billion-euro anti-inflation package to opposition scepticism
PoliticsGreek Politicshouseholds will get a discount of 22 cents a litre for a total 180 litres of petrol over the next three... will total 324 million, while the transport fuel discounts are expected to add up to 130 million. Mitsotakis... the previous year, and that the 2 pct minimum wage increase at the start of the 2022 only absorbed
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Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
EconomyMacroeconomyof GDP and the total deficit to 4.51 billion euros, or 2 pct of GDP. Interest payments are seen 1... of GDP, or 3.58 billion euros, which is improved on the target of 2.2 pct of GDP. The total deficit
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Newsletter 362 - 09/12/2022
. Overall, total exports were down by 3.3 pct QoQ, while total imports fell marginally by 0.3 pct. The Q3... in the last quarter of last year, Q4 2022 GDP could record an even deeper contraction of over 2 pct
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Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021
EconomyMacroeconomycame to 2 billion euros, compared to a deficit of 3.3 billion euros in the same month last year. Total imports came to 7.45 billion euros in December, from 6.82 billion last year. At the same time, total exports came to 4.45 billion euros, from 3.52 billion in December 2021. The impact of fuel
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Newsletter 390 - 21/07/2023
billion euros of total declared income, 66 pct comes from wages and pensions and just 4.3 billion, or 5... was allowed to allocate some of the most generous packages in the EU for Covid and the energy front. The total... it will have to double this year’s primary balance to more than 2 pct of GDP and keep it there for the next
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Unemployment rate remains lodged near 11 pct after no change in Aug
EconomyMacroeconomyby 30,190 people, with total employment staying above the four-million mark, at roughly 4.17... year-on-year and now stands at 3.11 million. The unemployment rate among women fell by almost 2... reached 296,624, improved by 26,433 more jobs year-on-year. Total hires were 1.92 million, against 1.63
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