Strong start for travel receipts in Jan, rising by 72 pct YoY to 224.2 mln
Industrial turnover rises 17.7 pct YoY in Jan, but falls sharply MoM at home and abroad
Wages record back-to-back growth of 7.1 pct in Q4 2022
Budget primary balance beats target by 2.39 bln in Feb as taxes outperform
Unemployment edges up to 11.9 pct in Q4
Import prices stabilise at high levels in Jan with rise of 0.4 pct YoY
High energy prices fuel uncertainty on fiscal front
The energy crisis fuelled by the Ukraine conflict will dominate the attention of Finance Ministry officials in the coming months as uncertainty over supplies during the winter has been priced into natural gas prices, which have reached 160 euros/MWh, creating doubts about the cost of the latest energy subsidy scheme.
The new scheme, providing subsidies for electricity bills, was launched this week. It intends to cap retail bills. An amount of 850 million euros has been budgeted until the end of the year. However, the calculations were based on lower wholesale gas pr...
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