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BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
Economycontracting by 10 pct this year, broadly in line with the Finance Ministry’s estimates included... government primary balance is expected at 7.3 pct of GDP, in line with Finance Ministry estimates
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Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches
PoliticsGreek Politicsto the spending plans for the EU Recovery Fund (RRF). Deputy Finance Minister Giorgos Zavvos laid out...-out. Health Minister Vassilis Kikilias and Finance Minister Christos Staikouras were both forced
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PM tightens lockdown, braces for economic and political impact
PoliticsGreek Politicsthat Finance Minister Christos Staikouras announced the relief measures for the first quarter... restrictions cause an even bigger headache for the Finance Ministry, not only because it will have
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EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021
EconomyMacroeconomyguarantee schemes have improved credit growth to businesses. In the Finance Ministry’s official... and the fiscal fronts, the Finance Ministry has accepted that revisions will be required to capture
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Govt looks for positives as it steps up vaccine rollout
PoliticsGreek Politicsthat the Finance Ministry is starting to work on a scenario of a primary deficit twice as much as the initial... billion at the end of 2020. Despite this grim picture, the Finance Ministry also has to contemplate
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Primary cash deficit at €1.6 bln in January
EconomyMacroeconomywas about half the total for all of last year. Earlier this week, the Finance Ministry released its own... with a surplus of 495 million euros in the same month of 2020. However, the Finance Ministry and central
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Health service in spotlight as govt scrabbles for more measures to contain Covid
PoliticsGreek PoliticsFinance Minister Theodoros Skylakakis told Skai TV on Tuesday is costing 200 million euros per week... but the Finance Ministry’s capacity to provide relief to businesses is also being severely stretched
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Newsletter 279 - 05/03/2021
sector, which Deputy Finance Minister Theodoros Skylakakis told Skai TV on Tuesday is costing 200 million... increasingly frustrated but the Finance Ministry’s capacity to provide relief to businesses is also being
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Primary cash balance deficit at 2.72 bln in February
EconomyMacroeconomy. The Finance Ministry released its own preliminary data that showed the primary budget recorded a deficit... period of 2020. However, the Finance Ministry and central bank apply different accounting methods, so
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Montenegro's vaccination adventure: Lord, bless us with good health
Agorathat they meant medical experts, and not experts in economy and finance. By mid-March, it had been... in economics and finance. Author of several research papers in the field of media. This blog is published
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