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EC reports highlight tight fiscal path and economic challenges
EconomyMacroeconomyThe European Commission published on Wednesday two key reports, one was in the context of the 2023 spring recommendations and the other was the second report of the post-enhanced surveillance period.
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EC doubles 2023 growth forecast to 2.4 pct, affirms 2.5 pct of GDP primary surplus next year
EconomyMacroeconomyThe European Commission upped its outlook on Greece for this year in its latest forecast published on Monday. It now expects the Greek economy to grow by 2.4 pct in 2023, from 1.2 seen in the previous estimate in February.
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Budget primary surplus of 2.43 bln in April thanks to 1.64 bln tax outperformance
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.34 billion euros in April, compared to a deficit of 799 million euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday.
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Stability Programme sees improved growth, primary surplus above 2 pct from 2024
EconomyMacroeconomyGreece submitted to the European Council and the European Commission the latest Stability Programme of 2023, covering the 2024-2026 period, in line with the Council regulations.
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Higher VAT and income tax takes, with limited spending help budget beat targets in Mar
EconomyMacroeconomyThe budget primary balance in March was confirmed to be a surplus of 3.08 billion euros, compared to a deficit of 1.65 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
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Latest 2022 fiscal data a boost as profit transfers and growth lead to small surplus
EconomyMacroeconomyThe Greek authorities were handed a welcome boost on Friday as ELSTAT announced the latest fiscal data for 2022, in the context of the first Excessive Deficit Procedure (EDP) notification of 2023, where a small primary surplus was recorded.
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Budget primary surplus at 3.07 bln in Mar on back of 2022 tax collections, underspend
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.07 billion euros in March, compared to a deficit of 1.65 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday.
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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyThe IMF spring meetings produced some good news for Greece via the World Economic Outlook and Fiscal Monitor.
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Budget primary surplus of 4.2 bln in Feb beats target on back of higher VAT, income taxes
EconomyMacroeconomyThe budget primary balance in February was confirmed to be a surplus of 4.22 billion euros, compared to a surplus of 840 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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Budget primary balance beats target by 2.39 bln in Feb as taxes outperform
EconomyMacroeconomyThe budget primary balance in February came to a surplus of 4.2 billion euros, compared to a surplus of 840 million euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Thursday.