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EconomyMacroeconomy
Strong fiscal performance meets hard spending limits Developments last week reaffirmed how hard it will be for the Greek government to escape the grind of dealing with cost‑of‑living issues. There is a realistic prospect that affordability will dominate the months running up to the next national elections, due by mid‑2027.
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EconomyMacroeconomy
Draft budget for 2027 centred on strong surplus, selective support measures The government tabled last Monday the draft budget for 2027 — an election year. The main components of the budget are in line with previous years, alongside a rather generous package of interventions for next year totalling roughly 2.3 billion euros.
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EconomyMacroeconomy
Draft budget for 2027 foresees positive growth and fiscal outlook in uncertain times The Greek Finance Ministry tabled in Parliament on Monday the draft budget for 2027, with geopolitical uncertainties and the energy crisis casting a shadow over the growth outlook and the key assumptions.
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EconomyMacroeconomy
Economy holds steady in Q2 but autumn set to pose more and tougher tests The macroeconomic releases — the latest Q2 GDP and national CPI data — were the main domestic economic events of last week, while developments outside Greece are fuelling concern about difficult months ahead for households.
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EconomyMacroeconomy
GDP grows by just 0.3% QoQ in Q2, eases to 1.9% YoY Greece’s seasonally adjusted (SA) GDP grew modestly in Q2, rising by 0.3 percent quarter-on-quarter (QoQ), from 0.2 percent increase in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Monday.
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EconomyMacroeconomy
PBO sees resilience in economy, revises growth outlook slightly down In its latest quarterly report, the Parliamentary Budget Office (PBO) argues that the Greek economy is currently navigating a complex global landscape, showing remarkable resilience despite geopolitical tensions.
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EconomyMacroeconomy
BoG reports sees resilience in Greek economy, urges focus on further reforms The Bank of Greece released on Tuesday its Monetary Policy Report for 2025-2026. The report outlines a period of significant global instability contrasted with the notable resilience and continued growth of the Greek economy.
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EconomyMacroeconomy
Rising prices and energy pressures threaten to undermine 2026 outlook With the release of the OECD’s Economic Outlook last week, all major international organisations have now published their latest projections for 2026.
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EconomyMacroeconomy
Q1 GDP growth slows to 0.2 pct QoQ as investments drop Greece’s seasonally adjusted (SA) GDP grew modestly in Q1, rising by 0.2 percent quarter-on-quarter (QoQ), from 0.7 percent increase in Q4, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday.
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EconomyMacroeconomy
OECD's latest outlook sees stable growth, rising inflation In its latest Economic Outlook, the OECD says that Greece enters 2026 on a footing of notable economic resilience, though it remains “under pressure” from shifting global dynamics.