Greece Leads EU in Energy Price Decrease
Following a surge that began before the war in Ukraine, electricity and gas bills in Greece saw a decrease in the latter half of 2023, offering some respite to consumers.
Following a surge that began before the war in Ukraine, electricity and gas bills in Greece saw a decrease in the latter half of 2023, offering some respite to consumers.
Greece drew 3 bln euros from its 30-year debt issue that attracted bids exceeding €33 bln
Participation is expected to increase further as the platform enters its final week of operation.
This statistic places Greece among the top-ranking EU countries for youth health, alongside Romania and Bulgaria.
The primary surplus is expected to remain at 2.1% of GDP until 2029 which is the time frame of the Fund’s forecasts. If interest rates on public debt are taken into account, a government budget deficit of 0.9% of GDP is forecast this year, which will gradually rise to 1.4% in 2029.
As the presentation notes, Greece faces declining fertility rates, an aging population due to increased life expectancy and a shrinking workforce, which are not new phenomena but have been ongoing for decades and are expected to intensify in the current and future decades.