“The developments regarding the economy in the environment of unprecedented crises since the Second World War present two aspects: on the one hand, the data that confirms that our economy has acquired very strong foundations and records extremely positive performances thanks to the even our structured plan from the start and the professional implementation of […]
Tag: Greek Economy
Spread and fiscal data rewrite the TIF package
Of Tasos Dasopoulos The overperformance of the economy for the two months of July and August, as reflected in tax revenues, but also the GDP of the second quarter, which will be published next Wednesday by ELSTAT, will be the basis for the finalization of the measures announced by the Prime Minister, from TEF. The […]
Reuters: Debt, political instability and populism reasons for concern for Greece
It’s only been a few years since the horror movie of the threat of a Grexit ended, unfortunately, however, Greece’s creditors, investors and allies should start to worry about the country again, he emphasizes in his analysis, which is signed by Hugo Dixon , the Reuters agency. A wiretapping scandal threatens the government of Prime […]
ELSTAT: The turnover of Greek companies increased by 39.3% in the second quarter
An increase of 39.3% was recorded in the second quarter of this year by the turnover of all businesses and activities of the economy, reaching 111,266,580 thousand euros, compared to 79,861,578 thousand euros which was the corresponding period of 2021. The largest increase in turnover in the second quarter of 2022 compared to the second […]
The exams of the Greek economy until the end of the year
By Tasos Dasopoulos The ratings from three different rating agencies, as well as the ratings for the last tranche of bond earnings of around 650 million euros and the second tranche of 1.97 billion euros from the Recovery Fund, will be the subjects of the examinations for the Greek economy until the end of the […]
End of Enhanced Surveillance: Greater flexibility in economic policy measures from August 20
The freedom of movement of the Greek economy is being expanded, after the country’s exit from the regime of enhanced supervision on August 20. As Finance Minister Christos Staikouras has pointed out, “we will have greater flexibility in the mix of measures, but respecting and observing European rules”. Three memoranda and four years of post-memorandum […]
Commission for Greece’s exit from enhanced supervision: ‘The resilience of its economy has improved significantly’
The European Commission confirmed today that as of August 20, Greece is exiting the enhanced surveillance regime. Following exchanges with the Greek authorities, including at the Eurogroup meeting on 16 June, the Commission, in its statement, emphasizes that it recognizes that Greece has fulfilled most of the policy commitments it made to the Eurogroup when […]
What can bring the positive surprise to growth this year?
Of Tasos Dasopoulos Continuation of the good start made by the economy in the first quarter of the year, recording a growth of 7%, the Ministry of Finance sees for the second and third quarters of the year as well, since despite the persistent high inflation, Greece seems to maintain the growth momentum it developed […]
KEPE: Preliminary indications of a favorable climate in the economy are maintained despite the increase in uncertainty
Preliminary indications of a favorable climate in the economy are maintained, although there is an increase in uncertainty about the expected short-term course of the Greek market compared to the end of the previous month, with fluctuations within the month. These figures are derived from the KEPE GRIV Composite Prognostication Index and “Fear” Index – […]
The heads of the 4 systemic banks estimate that the Greek economy is holding up despite the challenges
The presidents of the four systemic banks reach the common conclusion that the Greek economy maintains its momentum, despite the new serious challenges at the international and European level, in their interventions from the stage of the annual general meetings that took place, pointing out, however, that there should be no complacency and that everything […]