The Greek Deal.com
GREEK ECONOMY
Total (fiscal) deficit approaching zero in 2024
Greece has achieved a primary surplus of close to 3% of GDP and a total (fiscal) deficit approaching zero in 2024, said Economy Minister Kostis Hatzidakis, speaking yesterday at the founding event of the Synergia think tank in Athens.
Primary surplus of €8.6 billion in 2024 - At €68.8 billion in tax revenues
2024 ended with a primary surplus of €8.6 billion, against a target of €4.6 billion.
Inflation in Greece confirmed at 2.9% in December
Annual inflation in Greece is confirmed at 2.9% in December, according to Eurostat's second estimate.
The priorities for the restoration of the region after Daniel - The new projects of 2025
In €75 million are the works completed in 432 intervention points after the bad weather that hit Thessaly.
Greece 4th in the EU in the absorption of NSRF and 8th in the Recovery Fund
Greece is among the top EU countries in terms of the absorption of Recovery Fund and NSRF resources in 2024, according to the yearly calculation presented today, at a press conference, by the Minister of National Economy and Finance, Kostis Hatzidakis.
Business expectations declined
Business expectations in the Greek manufacturing sector declined due to deteriorating forecasts for orders, demand and production in the coming months.
Domestic gas consumption in Greece increased by 30.03%
Domestic gas consumption in Greece increased by 30.03%, according to DESFA's data for 2024.
Bids for 10-year exceeded €40.5 billion
Demand for the new 10-year Greek government issue was explosive, with bids exceeding €40.5 billion, more than 10 times the amount requested.
Annual decrease of 2.8% in import prices
The General Import Price Index for Industry decreased by 2.8% in November, compared to the corresponding index for November 2023, compared to a decrease of 8.6% in November 2023 compared to November 2022.
The tender book for the Greek 10-year bond has opened - Interest rate of over 3.65%
The tender book for the new 10-year bond debuting on the market this year has been opened.
Issues a 10-year bond
The Greek government will issue a 10-year bond in the near future. Specifically, the Public Debt Management Agency has instructed BofA, Deutsche Bank, Goldman Sachs, Morgan Stanley, National Bank, and Societe Generale to run the issue.