Net tax revenues including rebates recorded an increase of €337 million for the twelve months, exceeding the set targets. This rise was mainly attributed to the revenues in November but was offset by an increase in payments by the Public Investment Program by €362 million compared to the targets.
Up from surplus target of 3.771 billion euros, and primary deficit of 1.091 billion euros reported over corresponding period in 2022.
BoG interim report forecasts 2.5% growth rate in 2024, 2025
The Mitsotakis government’s draft 2024 budget was ratified on Sunday evening during a e-roll call vote in Parliament, with 158 deputies – all from the ruling New Democracy (ND) party – voting in favor, compared to 142 against. Defense ministry expenditures were approved by 249 deputies in the 300-MP legislature. Debate extended over 66 hours, […]
The stable income of consumers has significantly dwindled, compelling the majority to adopt "smart shopping" strategies to save money
According to data from Circana (formerly IRI) for the ten-month period of January-October 2023, the largest sales volume increase was recorded in non-alcoholic beverages and snacks at +4.4%, and alcoholic beverages at +4.3%
The country’s central bank said cash result of central administration posted a surplus of 93 million euros