During an interview on ERTNews, journalist Thodoros Vgenis outlined the Greek government’s key policies targeting tax evasion, increasing investments, and enhancing incomes. Goals include raising annual revenue from tax enforcement to €2.5 billion by 2027 and aiming for a reduction…
The German government faces a critical debate over public debt amid calls for increased investment. While some experts advocate for borrowing to fund essential infrastructure, others warn against excessive debt, arguing that it could become burdensome for future taxpayers. Perspectives…
The Public Debt Management Agency of Greece schedules eleven issuances of treasury bills and six bond reissues for the first half of the year. Predictions indicate a further decline in food inflation, although concerns remain about price hikes in certain…
On December 31, 2024, the Greek public is set to issue 3-month treasury bills totaling €500 million, maturing on April 4, 2025. Individuals can purchase these securities through public registration at banks, with a maximum denomination of €15,000 per person….
François Bayrou’s new government is poised to tackle significant economic issues as it assumes office just before Christmas. Newly appointed Minister of Economy, Éric Lombard, emphasizes the urgent need to address the country’s high public debt, currently at 113.9%. The…
The Hellenic Fiscal Council warns that Greece must prepare for potential fiscal challenges due to international uncertainty, despite positive economic performance in 2024, with GDP growth of 2.3%. Employment rates improved, and inflation decreased to 3.1%. The country achieved a…
As of the end of October 2023, Greece’s public debt to the private sector has surged to €3.5 billion, increasing by approximately €700 million since December 2022. The majority of these debts, €2.8 billion, are owed to suppliers, with hospitals…
Government spokesperson Pavlos Marinakis outlined Greece’s upcoming discussions on the 2025 state budget, highlighting projected increases in GDP and primary surpluses. The government aims to enhance citizens’ incomes through tax reductions while addressing the challenges posed by global crises. He…
As Brussels and Frankfurt closely monitor the uncertain political landscape in France—Europe’s second-largest economy—concerns grow regarding the impact on the broader European market. The French government’s recent budget proposal rejection and rising public debt raise alarms among financial analysts, especially…
As Paris grapples with uncertainties in its political landscape, Brussels and Frankfurt are watching closely. The ongoing fallout from the Ukraine war is straining the German economy and raising alarms about potential broader disruptions in Europe. Despite the turmoil, European…
The Greek government is implementing a plan for a rapid reduction of the country’s public debt, aiming to enhance economic security amid global uncertainties. Key actions include early repayment of portions of a major loan from the Eurozone. This effort…
In a recent social media post, Greek Minister of State Akis Skertsos discussed key economic indicators, emphasizing that while Greece is experiencing notable economic improvements—such as reduced unemployment and public debt—many citizens have yet to feel the positive effects in…
