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Newsletter 311 - 08/10/2021
EconomyDraft budget treads fine line between recovery and restoring fiscal disciplineThe Finance Ministry tabled in Parliament on Monday the draft budget for 2022, setting out the government’s.... Based on the draft budget submission, bonds are expected to rise by 5.7 billion euros to 87.5 billion
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Govt weighs escalating impact of Ukraine war on public finances
PoliticsGreek PoliticsThe government is racing to keep up with estimates of the impact of war in Ukraine on the budget... Christos Staikouras said on Sunday that it is inevitable that the ordinary budget will have to step... the budget projection of 6.9 pct, however it fell short of some of the more optimistic scenarios, while much
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Newsletter 344 - 01/07/2022
with positive news for the Finance Ministry as the final data for the budget execution in May as revenues were... of the year, however, this does not alter the picture that the budget appears to hold during the first... of this comes from the Energy Transition Fund and does not hit the deficit. Nevertheless, the budget has
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Newsletter 345 - 08/07/2022
will not suffice to cover all the requirements and the budget will have to step in. However, there are encouraging signs for the budget from the tourism front, as bookings, occupancy rates and passenger data from.... This bumper season is reflected in the budget, and to some extent assisted by inflation, tax receipts
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Newsletter 350 - 09/09/2022
of the measures. The government is still aiming to trim the primary budget deficit to 2 pct of GDP... could cost the budget more than 10 billion euros, when Greece has already allocated the largest... in the submission of the draft budget in approximately four weeks. Greece is hoping that in the meantime, and until
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Govt hints at more relief measures as opposition lambasts electricity bill fixes
PoliticsGreek PoliticsThe latest budget performance figures offered a pleasant surprise for the government, which has..., which beat budget targets by a wide margin, Alternate Finance Minister Theodoros Skylakakis told Skai... in the draft budget for support on the energy front. Reports in the press suggest that the cash
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SYRIZA pushes alternative cost-of-living package but govt support still a vote-winner
PoliticsGreek Politicsbudget statement has attracted strong criticism from the opposition. New Democracy’s main rival SYRIZA... with voters. In the wake of the budget announcement, which included the last-minute introduction... bringing the risk of new price hikes. The budget debate - which concluded on Saturday - does
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Newsletter 364 - 23/12/2022
scandal. Mitsotakis announced on the final day of the budget debate, on Saturday, that his... the Greek economy, which is seen experiencing next year what the Parliamentary Budget Office (PB) called... latest official estimates included in the final budget of 2023 that was adopted after a vote
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Reshuffle and handouts put on ice as New Democracy closes ranks ahead of local elections
PoliticsGreek Politicssubstandard infrastructure which failed in last week’s floods. Budget rewrite The outlines of a revised budget were given by Finance Minister Costis Hatzidakis in an interview with ANT-1 TV on Wednesday... in emergency spending is set to be included in a supplementary budget. In order to meet the government’s
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Kasselakis sets sights on government over cost of living
PoliticsGreek PoliticsAs the budget debate in Parliament builds up to Sunday’s vote, SYRIZA leader Stefanos Kasselakis... the government has ruled out because it argues that the impact on the budget would be too onerous... of the government’s defence spending plans as part of the 2024 budget approval process. In the past
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