ECONOMY
Fitch-Greece
The agency expects Greece to show continued fiscal consolidation in 2023, with the primary fiscal surplus rising to 1.2% of GDP, supported by strong revenue growth and spending constraint.
10/10/23 • 08:24
Trilateral Summit
Greece has quadrupled the exports of natural gas to its neighbours in the north since 2022, Mitsotakis said after a trilateral summit in Varna, Bulgaria.
10/10/23 • 08:13
HFSF divestment
The sizeable improvements in banks' credit fundamentals as well as the resilience of Greece's economy, and the regained investor appetite for the country should enable a smooth divestment process.
06/10/23 • 14:05
Trade balance
Trade balance deficit shrank further in August due to lower fuel prices compared with August 2022. Still, imports were higher than exports in absolute figures.
06/10/23 • 12:51
Prime Minister
Prime Minister says that he will strongly raise the issues of migration and climate crisis at the European Council which will take place in Granada, Spain.
06/10/23 • 12:17
Thessaly Floods
National Bank sees limited impact in the fourth quarter GDP from the catastrophic flood caused by the Daniel Storm, whereas reconstruction projects will boost growth in 2024-25.
05/10/23 • 14:18
EU
European Commissioner for Agriculture Janusz Wojciechowski, accompanied by Rural Development and Food Minister Lefteris Avgenakis, will visit flooded farmlands in the region of Karditsa on Thursday.
05/10/23 • 12:53
OECD
Greece has to “improve the legal system’s effectiveness by simplifying administrative processes and communicating benefits of alternative dispute resolution mechanisms.”
04/10/23 • 17:33
Interest rates
Greek average interest rate on new loans rises 12 basis points m-o-m in August to 6.33% while the interest rate on new deposits increases to 0.39%.
04/10/23 • 14:40
T-bills
Greece raises 812.5 million euros through the offering of 13-week Treasury-bills which yielded 3.90% higher from 3.72% in the previous similar sale in August.
04/10/23 • 12:52
Tax evasion
Calculations based on the VAT gap as measured by the European Commission show that Greece loses 2b euros from tax evasion every year.
04/10/23 • 12:05
In Brief
Trade balance
Prime Minister
Thessaly Floods
EU
OECD
Interest rates
T-bills
Tax evasion