Displaying items by tag: greek economy

The Greek economic agenda for 2023 revolves around 4 vital pursuits: return to a primary surplus of 1%, absorption of the Recovery Fund resources, upgrading to the investment grade and political stability.

The great debt reduction achieved by Greece is highlighted by Unicredit in its analysis. As the investment house's analysts explain, this reduction in debt was a result of both higher GDP and inflation and a smaller primary surplus.

Greece's state budget for 2023 was passed by a majority of lawmakers in the 300-deputy Parliament on Saturday evening, essentially marking a vote of confidence for the Mitsotakis government only months before general elections must be held in the east Mediterranean country.