The Greek Deal.com
GREEK ECONOMY
Primary surplus in 2024 at €8.7 billion
At €8.7 billion, the primary surplus in 2024, according to the final budget execution data announced by the Ministry of Economy and Finance, is against a target for a primary surplus of €4.635 billion and a primary surplus of €3.92 billion in 2023.
Three candidates in the second phase of the competition
The Ministry of Economy and Finance has given the green light for the start of the second phase of the competitive dialogue of the PPP tender run by the Strategic Contracts Unit of the State Treasury for the Andreas Lentakis Government Park.
Expects economic growth to peak this year
The BoG expects economic growth to peak this year as GDP growth is expected to reach 2.5% from 2.3% in 2024. According to the Bank of Greece's forecasts, for the next two years, GDP growth is estimated to fall to 2.3% in 2026 and further to 2% in 2027.
Marginal savings of Greeks in the third quarter
Greek households' disposable income grew faster than consumer spending in the third quarter of 2024 for the first time in a year.
Expects growth slightly higher than 2024
IOBE expects growth slightly higher than 2024 and above the government's forecasts for this year, setting the bar at 2.4%.
Within 2025 the contractor for Block A2 and South of the Peloponnese
Chevron's expression of interest in the domestic hydrocarbons market announced this week appears to have ramped up the pace, with the tender expected in the next few months.
Successful registration of 1,250 public sector entities in the Registry
The successful completion of this procedure forms the basis of the new system of tax returns, which will now start every year on 15 March and will be completed within predetermined deadlines on 15 July.
10% annual reduction in debt
Greek debt fell by 10% in the third quarter of 2024 compared to the same period in 2023, marking the largest contraction in the European Union.
€5.5 billion in revenue overachievement in 2024 from the fight against tax evasion
The Governor of the Independent Authority for Public Revenues (AADE), George Pitsilis, referred to the tangible results of the effort to tackle tax evasion in 2024.
Study and tender for hydrocarbons within the week
Within the week, the tender and the study for hydrocarbon exploration is expected, said the Minister of Energy and Environment, Theo Skylakakis.
Interest rates should approach 2% by the end of 2025
The European Central Bank should continue to gradually reduce interest rates, with the aim of getting closer to 2% by the end of the year, according to the Bank of Greece Governor and ECB Governing Council member Yannis Stournaras.