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CPI rise of 5.1 pct in Dec highest since 2011 as electricity, gas and heating oil drive price hikes
EconomyMacroeconomyterritory for the 12 months prior to May 2021, when CPI posted a marginal increase of 0.1 percent and prices..., was up by 1 percent.
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Newsletter 331 - 11/03/2022
, having committed more than 1 billion euros in subsidies since September last year. However... 12 months before elections are due in 2023, it does not want this public dissatisfaction
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Govt readies additional inflation relief package, draws up new budget
PoliticsGreek Politicswould be worth 1 billion euros, designed to assist up to 4 million households and businesses... of close to 12 pct within the first week of March. The next few weeks will see significant rises in all
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Newsletter 332 - 18/03/2022
within a matter of days. Pasta products have recorded the biggest jump of close to 12 pct within... increasing by 1 percentage point. In the adverse scenario, growth lands at 2.21 pct and inflation
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Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
EconomyProgrammeof GDP this year, to a surplus of more than 1 pct of GDP in 2023. This will require a fiscal improvement... enters the final 12 months of its tenure.
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Early summer fire highlights precariousness of snap election option
PoliticsGreek Politicsfor the leading three parties in the latest ProRata survey. New Democracy’s support increased by 1 point to 31, SYRIZA was up half a point to 25 pct and PASOK-KINAL edged up to 12.5 pct from 12. Fourteen pct
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Government attempts to offer reassurance against winter energy shortages
PoliticsGreek PoliticsStream 1 and Turk Stream pipelines sent natural gas prices soaring as competition for LNG intensified... election campaign. Mitsotakis has already announced the first increase in pensions in 12 years
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Mitsotakis insists on no early elections, accusing opposition of sowing division
PoliticsGreek Politicson customers’ bills could end up costing between 1 and 1.5 bln euros a month. This means... configurations are seen as plausible, including ND-PASOK with 12 pct, SYRIZA-PASOK with 10 pct
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Relief measures being lined up, but PM's eye also on reforms rollout
PoliticsGreek Politics, when he will also inform pensioners about the first increases in their retirement pay for 12 years... on actuarial models based on the repurposing of a 1 pct special contribution of public sector employees
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Govt presents menu of energy proposals in Brussels as power subsidy cost balloons
PoliticsGreek Politicsscheme is rolled out. According to the arrangement which has been put in place for a period of 12... put in place to draw 1 bcm of natural gas from the TAP pipeline and 0.5 bcm from additional storage
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