The formality of Monday night’s confidence vote in Parliament is out of the way and the government can now focus on the three bills it wants to pass before August 10, as well as other key policies that will define its four-year term.
Greek household disposable income grew by 4.9 percent year-on-year (YoY) in the first quarter (Q1) of 2019, notably increasing from the rise of 1.7 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
The government has announced its plans for rescuing the state power corporation, the Public Power Corporation (PPC) and save it from collapse.
Greece’s travel balance rose to 1.36 billion euros in May from 200.3 million euros in April, Bank of Greece (BoG) data has shown. This reflects an annual rise of 7.8 percent.
Greece’s debt managers outlined in the budget process that started last October their main goals for public debt management in the first post-bailout year.
The first signals from the new government in Athens vis a vis its foreign policy is that there will be continuity on how Greece is dealing with unresolved issues with neighbouring countries and how it sees cooperation with friends and allies.
Prime Minister Kyriakos Mitsotakis has set out his government’s priorities for the next four years, including the broad aim of establishing a new, post-crisis reality in Greece, but also with extensive reference to specific measures, with tax cuts leading the way.
Following the announcement by Prime Minister Kyriakos Mitsotakis on Saturday of immediate tax cuts, with others to follow, focus is turning to the government’s ability to find the fiscal space necessary to implement the measures while also meeting the primary surplus target for this year and 2020.
The Hellenic Federation of Enterprises (SEV) has released a study which shows that Greece’s graduates are unequipped to meet the demands of the job market they graduate into.
A narrative evolved in the build up to Sunday’s elections, which has continued in the aftermath of New Democracy’s resounding victory.