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Consumer scorecard finds Greeks struggling most in EU with cost of living crisis
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Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
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Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential
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DBRS leaves Greece a notch from investment grade, outlook stable
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Survey highlights households struggling with cost of living, delivers worst outlook since 2019
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Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
Rising yields, market turbulence limit government's fiscal options
It seems that the Finance Ministry toying with the idea of countering inflation by reducing VAT and special consumption taxes on fuel and basic goods only lasted about a week, partly due to developments on the bond market, which have been exacerbated by the ECB signalling last Thursday that it is set to tighten monetary policy this year.
The finance and economy ministers both argued this week that reducing indirect taxes are not an option on grounds of fiscal prudence. Previously, Finance Minister Christos Staikouras and other ministry officials had suggested that many options were on t...
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