FinMin Hatzidakis: Overperformance of 2024 draft budget reflects economy's overperformance

Business 3 October 2023 10:30

The 2024 draft budget showns an overperformance because the Greek economy is overperforming, National Economy & Finance Minister Kostis Hatzidakis said after tabling the budget in Parliament on Monday. CE Report quoting Athens-Macedonian

The budget envisages a growth rate of 3%, a harmonised inflation rate of 2,4%, a 12.1% increase in investments, an unemployment rate of 10.6% and a primary surplus of 2.1% of GDP.

Tags

Winter Sales Kick Off with Big Discounts and High Hopes for Retail Growth

12 January 22:23

The 2025 winter sales officially begin on Monday, promising shoppers "generous discounts and unique offers." Retailers are optimistic about exceeding last year's sales, despite the season's proximity to the holidays.

NSI President Anticipates Inflation Growth in Bulgaria Amid Rising Bread and Electricity Prices

12 January 19:00

National Statistical Institute (NSI) President Assoc. Prof. Atanas Atanasov expects inflation in Bulgaria to rise due to increased bread and electricity prices, he told BTA.

National Bank of Moldova Raises Key Interest Rates to Curb Inflation

11 January 15:34

The National Bank of Moldova (BNM) has increased its basic interest rate for short-term monetary policy operations to 5.6% annually, up from the previous 3.6%. The decision, made unanimously by the BNM Executive Committee at an extraordinary meeting, reflects the need to address inflationary pressures following recent tariff hikes.

Moldova Launches Program to Offset Rising Electricity Costs for Businesses

10 January 21:00

Deputy Prime Minister and Minister of Economic Development and Digitalization, Dumitru Alaiba, has announced a new program to help Moldovan companies manage rising electricity costs.

Retail Survey Predicts Stable Volumes and Rising Sales in Early 2025

10 January 20:35

A recent survey conducted by IELKA highlights optimistic projections for the retail and FMCG (fast-moving consumer goods) sectors in the first half of 2025. The study, conducted in late 2024, involved 150 senior executives from supermarket chains and FMCG suppliers, encompassing roles in general management, marketing, sales, purchasing, finance, and IT.

FinMin Hatzidakis: Overperformance of 2024 draft budget reflects economy's overperformance

Tags

Related articles

Most read

Press Releases

Features