Table of Contents 1 Greek… memories and ECB 2 The ECB’s warnings 3 Worrying about debt 4 How might recent election outcomes in European countries influence fiscal policy approaches, particularly concerning austerity measures versus growth-oriented strategies? The eurozone faces the risk of a new debt crisis if it does not take immediate action to boost … Read more
An increase in Greek GDP by 2.1% is predicted for 2024 and maintenance of a generally corresponding growth rate in 2025 and 2026, supported by the implementation of the Recovery and Resilience Plan, the Commission predicts for Greece in its autumn macroeconomic assessments, while pointing out that the headline deficit is expected to decline from … Read more
An information note on the Medium-Term Fiscal Structural Program 2025-2028, recently presented by the Minister of National Economy and Finance Kostis Hatzidakis, and expected to be discussed tomorrow in the competent Committee of the Parliament, issued the Ministry of Finance. Specifically, the information note, with the motto “Debt reduction, growth, income increase”, states the following: … Read more
Its final decision to record retroactively from 2012 the deferred interest of the second memorandum, with a total value of 12.4 billion euros, to the amount of the public debt at the end of 2023 and then to record the interest annually until 2032, when the grace period, Eurostat informed the financial staff, creating new … Read more
A large increase in GDP, significant primary surpluses, a reduction in unemployment to pre-crisis levels and a de-escalation of debt, the Medium-term Financial Structural Plan 2025-2028the main points of which were presented at a press conference by the Minister of National Economy and Finance Kostis Hatzidakis with Deputy Minister Thanos Petralia. And as the minister … Read more
The government is counting and re-counting the available resources in order to fulfill its promise to increase incomes in 2025, looking for ways to support mainly the crowded wintering zones of wage earners and pensioners and together to reduce the burden of the accumulated accuracy of the last three years, but he really feels that … Read more
If last year was a celebration of economic optimism in Mexico, this week felt like a hangover. The tensions that began with the overwhelming victory of the ruling party and its allies in the June 2 elections reached feverish proportions when the markets, investment banks, employers and even the US ambassador warned strongly about the … Read more
Mexico City. Spending on public debt interest increased by 5 percent during the first half of the year, Given the environment of restrictive financial conditions and volatility; although overall this item reflected savings of more than 36 billion pesos compared to what was projected by the Ministry of Finance and Public Credit at the beginning … Read more
Buenos Aires. Latin America and the Caribbean drag a robust problem in risinga state of affairs that has been exacerbated by the rise within the curiosity burden on public debt by almost one level of gross home product (GDP) and which isn’t solely being offset by cuts in spending on social coverage, similar to training … Read more
Public debt within the euro space stood at 88.7% of GDP on the finish of the primary quarter of 2024, up from 88.2% on the finish of the fourth quarter of 2023. Within the EU, the ratio additionally rose from 81.5% to 82.0%. Greece, though it has the best public debt as a proportion of … Read more