By Tasos Dasopoulos Greece will reverse the cycle of primary deficits and in 2023 will have the highest primary surplus in the EU. which will reach 1% of GDP, the highest among all EU countries. according to the Commission’s forecasts, the Minister of Finance, Christos Staikouras, emphasized today at the Economist conference. The Minister of […]
Tag: primary surplus
BoG: Deficit of 1.8 billion in the primary result of the budget in 5 months
The primary result of the state budget for the period January – May amounted to a deficit of 1.8 billion euros from a deficit of 8.6 billion euros in the corresponding period last year, according to data announced today by the Bank of Greece. In the period January-May 2022, the central government cash balance showed […]
D. Papadimoulis: Gentiloni proposal for escape clause will be approved by Eurogroup and Ecofin
The emergence of a cooperation government after the next national elections is proposed by the SYRIZA MEP, Dimitris Papadimoulis, with the aim of addressing the economic front, which is deteriorating, as he points out. However, he ruled out the possibility of SYRIZA cooperating with ND. Specifically, answering questions from members of the press, on the […]
IMF for Greece: Return to primary surpluses from 2023
By Tasos Dasopoulos The IMF forecasts a primary surplus of 1.1% of GDP for 2023, which will increase to 2% of GDP in 2027, and a significant de-escalation of debt, for Greece, in its report on the fiscal outlook of its member states ( Fiscal Monitor). In its forecasts, the Fund sees the primary deficit […]
Staikouras: Growth over 3% in 2023, positive growth rate in the coming years
By Tasos Dasopoulos The estimation that the economy will grow at a rate of over 3% this year, with the prospect of a sustainable high growth in the coming years, was expressed today at the Capital Link conference in New York by the Minister of Finance, Mr. Christos Staikouras. The Minister of Finance said that […]
Chr. Staikouras to Reuters: The latest IMF loans will be repaid by the end of March
Greece will repay the last installments of loans it owes to the International Monetary Fund by the end of March, two years ahead of schedule, Finance Minister Christos Staikouras told Reuters on Monday. “Greece has officially submitted a request for the full repayment of the outstanding balance of the IMF loans. The relevant process has […]
GPA: Smaller deficit reduction, risk of continuing pandemic
By Tasos Dasopoulos The Parliamentary Budget Office points out in its opinion the smallest fiscal adjustment by 1.32 billion euros in relation to the draft recorded in the final draft budget for 2022 and the risks arising from the continuation of the pandemic. As it is pointed out, the implementation of the projected fiscal figures […]