Recovery of farming subsidies threatens to widen Greek fiscal gap

OECD finds tax cuts linked to pandemic helped reduce wedge on labour 25/05/2022 - 10:42
Reopening of 7-year bond affirms tougher conditions on sovereign debt market 28/04/2022 - 09:21
S&P moves Greece closer to investment grade, puts focus on budget and growth 25/04/2022 - 08:57
BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct 07/04/2022 - 15:19
IMF urges caution on public finances 04/04/2022 - 10:09
DBRS moves Greece a notch closer to investment grade as Moody's holds off 21/03/2022 - 11:09

Recovery of farming subsidies threatens to widen Greek fiscal gap

Economy 18/07/2014 - 11:09

One day after the completion of the troika’s discussions with the Greek authorities, ahead of the next review due in the second half of September, local media indicate that a European Court of Justice (ECJ) decision may cause a fiscal gap of 600 million euros.

This ECJ decision relates to two rulings regarding the recovery of irregular agricultural subsidies that were granted over the past ten years, according to financial website Capital.gr.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€480.00

Free Mobile Apps

Update to the latest version of the MacroPolis Apps. Access all of our daily analysis, as well as our weekly e-newsletters, at your fingertips.

Tweets by @MacroPolis_gr

You have to in order to view this content.

Most Popular

Reshuffle speculation follow snap polls rumours as ND enjoys ratings bounce 23/05/2022 - 12:32
Overflights spat marks resumption of Greek-Turkish tension 23/05/2022 - 09:36
Athens buoyed by content, mood of Mitsotakis trip to Washington 19/05/2022 - 11:27
Speculation about snap polls after summer revived by PM's US trip 20/05/2022 - 13:11
Media freedom concerns continue to bedevil Mitsotakis govt as EC takes note 26/05/2022 - 14:31

PM sets out path to next elections as PASOK restores traditional name 09/05/2022 - 11:48
Much riding on EU approval of plan to cap energy prices 11/05/2022 - 14:26
SYRIZA on front foot over energy prices as poll gap narrows further 04/05/2022 - 12:17
Athens promotes role as energy hub as PM prepares for talks in Washington 02/05/2022 - 11:34
Reshuffle speculation follow snap polls rumours as ND enjoys ratings bounce 23/05/2022 - 12:32

Politicians have commissioned, and largely ignored, multiple reports on wildfires 09/08/2021 - 13:13
New study shows Greek population more than halving by 2100 20/07/2020 - 14:16
Short-term fix for electricity bills leaves open questions for green transition strategy 14/09/2021 - 14:00
PM removes under-fire ministers from posts in late-summer reshuffle 31/08/2021 - 13:24
A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate 31/12/2021 - 10:49

Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead 24/05/2022 - 10:55
Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total 19/05/2022 - 13:19
Growth in industrial turnover continues in Mar as manufacturing, petroleum products lead 38.3 pct rise 20/05/2022 - 12:54
OECD finds tax cuts linked to pandemic helped reduce wedge on labour 25/05/2022 - 10:42
Removal of restrictions boosts travel receipts in Mar 23/05/2022 - 16:15

Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023 04/05/2022 - 10:51
Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead 24/05/2022 - 10:55
Incorporating impact of Ukraine war, EC revises growth forecast down to 3.5 pct 17/05/2022 - 10:55
S&P moves Greece closer to investment grade, puts focus on budget and growth 25/04/2022 - 08:57

Post-Covid era dawns on new landscape for bad debt in Greece 24/06/2021 - 16:02
Tracing the decline of the middle class as parties vie for its votes 02/07/2019 - 15:54
Govt grabs opportunity offered by escape clause to entice voters with support package 13/09/2021 - 12:34
Latest EC review clears path towards end of enhanced surveillance process in 2022 25/11/2021 - 09:59
One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations 02/03/2022 - 13:30