Search
-
Govt searches budget for space to adopt more Covid and energy relief
PoliticsGreek Politicsfor the sectors most affected that the latest round of restrictions. The Covid reserves stand at 1... and energy consumption. The latest energy support measures are expected to cost in the region of 1.5-2
2% -
Newsletter 322 - 07/01/2022
Democracy and its rivals were at loggerheads over the past few days over the start of the latest... out of control and opening schools based on the latest protocols will simply turn them into super
2% -
CPI rise of 5.1 pct in Dec highest since 2011 as electricity, gas and heating oil drive price hikes
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) accelerated in December, rising by 5.1 percent year-on-year (YoY), following an equally strong movement of 4.8 percent in November, according to the latest data... have been accelerating since. The latest figure of 5.1 percent is the highest since January 2011
2% -
Covid measures extended despite govt optimism, as inflation causes political tension
PoliticsGreek Politicsanother week. Those familiar with discussions within government note, however, that the latest... are arguing for cuts on consumption taxes and an immediate increase to the minimum wage. Polls The latest
2% -
Govt treads carefully on economic relief measures, hoping normality is near
PoliticsGreek PoliticsThe government is trying to tread a fine line between fiscal prudence and cushioning the impact of the pandemic and inflation as it tweaks its economic policy in 2022. As was evident in the latest... handouts is also driven by the fact that it is in the middle of the latest review by the European
2% -
Govt hails success of vaccine mandate amid continuing surge in 'hard' indices of pandemic
PoliticsGreek Politicsthat the restrictions on large events and nightlife will be lifted when the latest extension expires... to express restrained optimism in the outcome of the latest stage in the pandemic, based
2% -
Inflation to persist, creating more economic policy challenges
EconomyMacroeconomyof 5 pct seen in the latest official data for December. Last week, ELSTAT released the producer price... to circa 1 pct of GDP, from roughly 7 pct last year. The latest package announced for energy subsidies
2% -
Govt unveils new round of energy subsidies as fiscal space narrows significantly
PoliticsGreek PoliticsThe government announced on Wednesday the latest round of subsidies for electricity bills as the opposition upped the pressure on ministers over the cost of living crisis, knowing that New Democracy... of the energy crisis last autumn to 2 billion euros. Skrekas said that the latest tranche would
2% -
IPI rise of 8.1 pct in Dec marks full year of growth, totalling nearly 10 pct
EconomyMacroeconomywas up by 1 percent. According to the European Commission’s latest business surveys for January, industry... the latest data captured a solid improvement in operating conditions, the growth rate eased to the slowest
2% -
Traditional sectors carry burden of job creation as unemployment levels fall
EconomyMacroeconomyand 1.36 million Greeks were out of employment. ELSTAT released the latest monthly unemployment figure.... The latest available quarterly figure is up to Q3 2021, where the rate is seen at 13 pct, aligned
2%