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Moody’s: New US bill will reduce inflation and deficit over time

A sweeping bill passed by the US Senate on Sunday aimed at fighting climate change, lowering drug prices and raising some corporate taxes will reduce inflation in the medium to long term and reduce the deficit,...

USA: The budget deficit shrank to $89 billion in June

The U.S. federal government's budget deficit shrank significantly in June, to about half of what it showed in the corresponding month last year, as spending related to the coronavirus pandemic was curbed while revenue rose. In particular,...

Eurobank: Tourism is recovering, employment is resilient and credibility is boosted

The recent publications of indicators for the course of the Greek economy (current account balance April 2022, unemployment and employment rate April 2022, per capita GDP 2021) and the announcement of the Eurogroup on June 16,...

Fiscal flexibility with ‘German key’

By Tasos Dasopoulos Another headache for the financial staff and the effort to support the economy is brought by the activation of Germany in the EU fiscal course, with the intention expressed by the European Commission...

BoG: Current account deficit increased in the first quarter

In the first quarter of 2022, the current account deficit increased compared to the same period in 2021, mainly due to the deterioration of the goods balance and, to a lesser extent, the primary and secondary...

BoG: Deficit of 921 million in the primary result of the state budget

A deficit of 921 million euros showed the primary result of the state budget for the period January - April, compared to a deficit of 6.5 billion euros in the corresponding period last year, according to...