{"id":371,"date":"2024-11-18T21:56:10","date_gmt":"2024-11-18T21:56:10","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2024\/11\/18\/german-newspaper-handelsblatt-reports-on-greeces-economic-rebound\/"},"modified":"2024-11-18T21:56:10","modified_gmt":"2024-11-18T21:56:10","slug":"german-newspaper-handelsblatt-reports-on-greeces-economic-rebound","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2024\/11\/18\/german-newspaper-handelsblatt-reports-on-greeces-economic-rebound\/","title":{"rendered":"German newspaper Handelsblatt reports on Greece\u2019s economic rebound"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-1253852\">\n    <!-- .entry-header --><\/p>\n<div class=\"first-img article_thumbnail_wrapper\" itemscope=\"\" itemprop=\"associatedMedia\" itemtype=\"http:\/\/schema.org\/ImageObject\">\n                                                                    <picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cash-320x200.jpg?v=1611921255\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cash.jpg?v=1611921255\" alt=\"German newspaper Handelsblatt reports on Greece\u2019s economic rebound\" src=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cash.jpg?v=1611921255\"\/><br \/>\n                        <\/source><\/picture>\n                                                        <\/div>\n<div class=\"entry-content\" itemprop=\"articleBody\">\n<p>In a detailed report published Monday, the German newspaper Handelsblatt spotlighted Greece\u2019s impressive economic performance, emphasizing its bailout loan repayment ahead of schedule.\u00a0<\/p>\n<p>\u201cThe country\u2019s primary surplus is bigger than anticipated, largely due to increased tax revenues, while it is repaying bailout loans ahead of schedule,\u201d read the report, according to a translation provided by Greece\u2019s Ministry of National Economy and Finance.<\/p>\n<p>The article goes on to highlight key developments in Greece\u2019s financial recovery and robust economic indicators.<\/p>\n<p>\u201cJust last month, Greece\u2019s Minister of National Economy and Finance, Kostis Hatzidakis, presented the draft budget for 2025 to the parliament\u2019s budget committee. Now, he must revise it again\u2014because the state has too much money,\u201d it read.<\/p>\n<p>\u201cWhile the European Commission\u2019s latest autumn forecast anticipates a fiscal deficit of 0.1% of GDP for next year, Greek government insiders now expect a balanced budget\u2014or even a small surplus.\u201d<\/p>\n<p>\u201cAlthough Greece still loses approximately 15% of owed VAT revenue, the government aims to reduce this to 9% by 2026. The EU average VAT gap in 2021\u2014the latest available data\u2014was 5.3%.\u201d<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<\/div>\n<p><script>\n        var NXFBPixelFunc = function () {\n            document.removeEventListener(\"scroll\", NXFBPixelFunc);\n            setTimeout(function () {\n                !function (f, b, e, v, n, t, s) {\n                    if (f.fbq) return;\n                    n = f.fbq = function () {\n                        n.callMethod ?\n                            n.callMethod.apply(n, arguments) : n.queue.push(arguments)\n                    };\n                    if (!f._fbq) f._fbq = n;\n                    n.push = n;\n                    n.loaded = !0;\n                    n.version = '2.0';\n                    n.queue = [];\n                    t = b.createElement(e);\n                    t.async = !0;\n                    t.src = v;\n                    s = b.getElementsByTagName(e)[0];\n                    s.parentNode.insertBefore(t, s)\n                }(window, document, 'script',\n                    'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n                fbq('init', '109138906120213');\n                fbq('track', 'PageView');\n            }, 0)\n        };\n        document.addEventListener(\"scroll\", NXFBPixelFunc);\n    <\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.ekathimerini.com\/economy\/1253852\/german-newspaper-handelsblatt-reports-on-greeces-economic-rebound\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a detailed report published Monday, the German newspaper Handelsblatt spotlighted Greece\u2019s impressive economic performance, emphasizing its bailout loan repayment ahead of schedule.\u00a0 \u201cThe country\u2019s primary surplus is bigger than anticipated, largely due to increased tax revenues, while it is repaying bailout loans ahead of schedule,\u201d read the report, according to a translation provided by &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"German newspaper Handelsblatt reports on Greece\u2019s economic rebound\" class=\"read-more button\" href=\"https:\/\/in-greece.com\/index.php\/2024\/11\/18\/german-newspaper-handelsblatt-reports-on-greeces-economic-rebound\/#more-371\" aria-label=\"Read more about German newspaper Handelsblatt reports on Greece\u2019s economic rebound\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"fifu_image_url":"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2021\/01\/cash.jpg?v=1611921255","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/comments?post=371"}],"version-history":[{"count":0,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media\/372"}],"wp:attachment":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media?parent=371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/categories?post=371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/tags?post=371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}