GREEK ECONOMY

ENGLISH EDITION

Dallara: Investors impressed by Greece's significant progress

Referring to the restructuring of the Greek public debt, in which he participated and was involved as managing director of the Institute of International Finance (IIF), Dallara argued that it was the largest debt restructuring in history.

27 Απρ 2023 22:16

ENGLISH EDITION

Greek state budget records primary surplus of 273 million euros in 2022

The figures, approved by Eurostat, said that the general government's debt dropped by 23 percentage points to 171.3% of GDP in 2022 from 194.6% of GDP in 2021.

21 Απρ 2023 21:45

ENGLISH EDITION

Greek current account deficit down by 3.0 billion euros in Jan-Feb

In February, the capital account surplus increased relative to February 2022 and stood at 275.3 million euros, mainly as a result of net receipts, instead of net payments, recorded in the other sectors of the economy excluding general government.

20 Απρ 2023 21:14

ENGLISH EDITION

Greek state budget showed a primary surplus of 3.07 billion euros in Q1

The general government balance showed a suplus of 211 million euros in the January-March period from a budget target for a deficit of 2.602 billion and a deficit of 3.884 billion in the corresponding period last year.

19 Απρ 2023 21:14

ENGLISH EDITION

IMF revises upwards forecast for Greek economic growth in 2023 and 2024

The improved growth outlook for Greece comes amid a volatile recovery of the global economy, with the IMF noting that global growth outlook for the next five years was the lowest in some decades.

12 Απρ 2023 21:45

ENGLISH EDITION

Staikouras says that 2022 budget execution was better than expected

The Finance minister underlined the fact that the government has managed to keep the society standing and the economy alive during its four-year term, despite the great difficulties it faced, such as the pandemic, the energy crisis, and others.

04 Απρ 2023 21:14

ENGLISH EDITION

Tax revenues in Jan- Feb '23 exceed target by 1.245 bln euros

The primary result was a surplus of 4,215 million euros compared to a target of a primary surplus of 1,816 million euros and a primary surplus of 840 million euros for the same period in 2022.

29 Μαρ 2023 21:14

ENGLISH EDITION

Mitsotakis: The best days of the Greek economy are ahead of us

The Greek Prime Minister stated that Greece will continue to make progress and - finally - achieve investment grade, we will be able to expect that the cost of borrowing for Greek businesses, for Greek households, for the Hellenic Republic will also decrease.

23 Μαρ 2023 21:14

ENGLISH EDITION

Greek inflation slowed to 6.1% in February, electricity prices fall 22,4%

However, this development is attributed solely to a drop in electricity prices while the consumer price index in foods and food items jumped 14.8% in the month.

14 Μαρ 2023 10:07

ENGLISH EDITION

Greek state budget reports 1.480 billion euros surplus in January

The primary result showed a surplus of 2.773 billion euros, up from budget target for primary surplus of 2.147 billion euros and a primary surplus of 15 million in the same period last year.

28 Φεβ 2023 21:14

ENGLISH EDITION

Greek households pessimistic over their finances in 2023

GSEVEE said government measures to address the impact of price increases on household incomes were seemingly not enough. A 51.9% of households expect their finances to deteriorate in 2023, a trend recorded for the first time since 2018.

24 Φεβ 2023 22:16

ENGLISH EDITION

FinMin C. Staikouras says that debt settlement scheme is progressing

The Greek FinMin said that during the last six days 124 new borrowers agreed to settle their private debt through the mechanism and said that an amendment tabled to Parliament envisages improvements in the procedure.

22 Φεβ 2023 21:14