The budget primary balance was confirmed at a surplus of 12 billion euros in November, compared to a surplus of 5.83 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Friday.
After suffering a more turbulent year than it expected, the government is aiming to regain its footing in 2025 by returning to the reform agenda that served as the flagship of its first term in office. However, its record regarding the performance of the Greek economy will likely be the factor that determines whether New Democracy enjoys a better year or not.
FOTOGRIN/ShutterstockBananas are a sociable fruit. They thrive in bunches, bound by a unifying stalk which joins them happily together in curvy yellow brightness.
But what about the ones which get separated from the bunch? Cast aside as single entities, they become isolated and alone.
2024 has been a challenging year for China. As its government has tackled economic problems at home, internationally it has handled the complexities of an alliance with Russia. And, while China has continued to play a significant role in the global economy, there are five possible areas that could derail its plans in 2025.
1. Renewed rivalry with the US
Lenders brushed off concerns about hit from falling interest rates
Incoming president is picking nominees with vested interests to be in charge of key regulatory areas
Measure abandoned days before deadline after lenders launched legal challenges and imposed fees
Consumers are ‘tapped out’ after years of high inflation and as pandemic-era savings have evaporated
Projects that pass muster with insurers will get added credibility and reduced risk
Private capital and pension fund money flowing into single-family rental homes as demand soars
