In the housing crisis that particularly hits Greece, the International Monetary Fund refers to its new report, recording an explosive mix of rising prices, high rents and serious structural weaknesses in the housing market. As he points out, real estate prices and rents are increasing at a much faster rate than household incomes, as [...]
**Greek primary surplus: Why international organisations systematically underestimate results**
While the budget statement for 2025 is approaching, the phenomenon of continuous upward revisions is repeated. The primary surplus originally estimated at 2.5% of GDP ends up reaching 5%. The European Commission, the IMF and the OECD start with more optimistic forecasts from Athens, but ultimately fall short of reality. The causes: additional revenue from the fight against tax evasion (3 billion euros in 2024), savings of expenditure and policy strategy to avoid excessive expectations.
The countries should «to prepare for difficult times» if the price of oil remains high due to the Middle East war, International Monetary Fund (IMF) Director General Kristalina Georgyeva said at a press conference she granted. War has accelerated price increases «We must prepare for difficult times» if the collision [...]
