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Budget
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EconomyMacroeconomy
OECD sees stable growth of 2.2 pct next year and persistent structural challenges The OECD published on Wednesday the latest economic outlook with the growth estimates for Greece broadly in line with other international organisations and the Finance Ministry’s forecasts. The report also outlines a number of challenges for the economy from the medium-term.
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EconomyMacroeconomy
Details of 2025 budget point to complex economic challenges ahead The Finance Ministry tabled last Wednesday the final budget for 2025. As much as the headline numbers support the government narrative of stable growth and solid fiscal performance, the underlying numbers highlight the challenges for the coming years.
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EconomyMacroeconomy
Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings The budget primary balance was confirmed at a surplus of 13.53 billion euros in October, compared to a surplus of 6.08 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy
Government tables 2025 budget, seeing stable growth, solid public finances and lower debt The Finance Ministry tabled in Parliament on Wednesday the final budget for 2025, which sees stable growth and a solid fiscal performance that keeps the debt-to-GDP ratio on a downward trajectory.
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EconomyMacroeconomy Privatisation proceeds, major underspend push Oct primary surplus to 8.82 bln above target The budget primary balance recorded a surplus of 13.49 billion euros up to October, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday.
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EconomyMacroeconomy VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep The budget primary balance was confirmed at a surplus of 8.74 billion euros in September, compared to a surplus of 5.3 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Friday.
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EconomyMacroeconomy
Strong taxes and significant underspend push 9M primary balance 3.45 bln above target The budget primary balance recorded a surplus of 8.74 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
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EconomyMacroeconomy
Draft budget maps out narrow fiscal path for coming years The new fiscal reality that the Greek government will have to deal with was set out in black and white in the draft budget for 2025, which was tabled to Parliament on Monday in the wake of the medium-term fiscal-structural plan (MTP) being presented by the Finance Ministry last week.
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EconomyMacroeconomy
Draft budget for 2025 sees 2.3 pct growth and strong primary surplus The draft budget for 2025 was tabled in Parliament on Monday, with the main parameters in line with the medium-term fiscal-structural strategy (MTS) that was presented by the government last week.
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EconomyMacroeconomy
New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes The Finance Ministry presented on Monday the latest Medium Term Fiscal Plan for the 2025-2028 after negotiations with Brussels within the context of the new SGP rules.