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  1. Newsletter 324 - 21/01/2022

    Newsletters

    , at least temporarily. This proposal has been rejected by the Finance Ministry because of the hole it would create in public revenues. Speaking on TV this week, Finance Minister Christos Staikouras said

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  2. Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the final Finance Ministry (MoF) budget.... In the final budget for 2022, the Finance Ministry assumes nominal 2021 GDP at 177.61 billion euros

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  3. Inflation to persist, creating more economic policy challenges

    EconomyMacroeconomy

    . Although the final budget for 2022 was debated in Parliament in December, the Finance Ministry had... costs, retail prices would soon reflect those challenges. During a radio interview on Tuesday, Finance

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  4. Central govt primary cash deficit narrows appreciably to 429 mln in Jan

    EconomyMacroeconomy

    million in January last year. The Finance Ministry released its own preliminary budget this week... euros in January 2021. However, the Finance Ministry applies a modified cash method, so the figures

    2%

  5. Pressure intensifies on govt for more radical interventions in energy markets
    Photo via PPC https://flic.kr/p/9qi65R

    PoliticsGreek Politics

    in the manufacturing sector approached the development and finance ministries on Monday with a request for cuts... underlines the challenge that the government faces in funding additional measures. Finance Minister

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  6. Inflation triggers political machinations, move to increase budget spending
    Photo by MacroPolis

    PoliticsGreek Politics

    and businesses but also to stop the party’s slide in opinion polls. Finance Minister Christos Staikouras... at the moment. Alternate Finance Minister Theodoros Skylakakis suggested on Wednesday that Russia’s

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  7. Imminent end for enhanced surveillance offers boost to beleaguered govt
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    with Finance Minister Christos Staikouras on Friday, European Commission Vice President Valdis... to the International Monetary Fund for the loans Greece received as part of the bailouts. When Finance

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  8. Newsletter 335 - 15/04/2022

    Newsletters

    servicing. The Finance Ministry submitted last week a supplementary budget of 2.5 billion euros, to have... higher towards 2 pct of GDP, from 1.4 pct previously. Finance Minister Christos Staikouras also

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  9. Govt eyes own energy package if EU fails to approve joint action
    Photo via https://flic.kr/p/5Wq2VT

    PoliticsGreek Politics

    action is agreed at EU level. Media reports over the last few days have indicated that the Finance... the cost of the interventions. However, Finance Ministry officials seem mindful of the fact that any

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  10. Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
    Photo via https://flic.kr/p/GG7K6F

    PoliticsGreek Politics

    but could be held earlier. Finance Ministry officials are reportedly agonising over how the New Democracy..., the Finance Ministry is considering another fuel subsidy or reducing the VAT rate on bread

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