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25
Dec 2024
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Yannis Stournaras to Bloomberg: two more interest rate cuts in 2024 by the ECB “reasonable”

Bank of Greece governor cites data on inflation and economic expansion

Inflation: 2.4% in Greece in June – 2.5% in the Eurozone

Inflation in Greece stagnant in June - Slight decline in the Eurozone from 2.6% in the previous month

Hellenic Financial Council: “Sees” growth but recommends fiscal vigilance

The successful implementation of the forecast of the Stability Program 2024 for Greek GDP growth by 2.5% is crucial

Debt analysis: Manageable debt burden beyond 2032

Growth for Greece, austerity for others - "Maintain the performance of recent years" the Commission's message

Eurostat: Inflation in Greece at 2.4% in May – 2.6% in the Eurozone

The largest contributors to inflation in the Eurozone were services, food, non-energy industrial goods & energy

Eurostat: In Greece, inflation fell to 2.3% in May – 2.6% in the Eurozone

The only country in the Eurozone to experience a monthly decline

New York Times: How Greece, Spain & Portugal became leaders of development in the Eurozone

"Europe’s economic laggards have become its leaders"

Eurostat: In March, inflation in Greece stood at 3.4% – In the Eurozone it was 2.4%

Services and food continue to be the main components of inflation in the Eurozone - The rate of increase in food prices in Greece is at 4.8%

Eurostat: euro area inflation expected at 5.3% in August – Down to 3.4% in Greece

The lowest inflation rates in the euro area are observed in Spain and Belgium (2.4%)

Eurogroup: Ηorizontal measures for the energy crisis end in 2023 – Support only for the vulnerable

"Broad support of aggregate demand through fiscal policies in 2023 is not justified", Eurozone finance ministers stress

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