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Newsletter 318 - 26/11/2021
than 1 in 5 respondents saw a significant benefit from the government’s energy support package... campaigns that saw a variety of Greek media outlets receive more than 40 million euros in total... years and the average funding cost stood at 0.31 pct.MacroeconomyCharts of the weekBudget The Finance
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Company closures dropped sharply during the pandemic
EconomyFeaturesand retail trade; repair of motor vehicles and motorcycles” which saw 8,082 closures. While that may seem... actually dropped 18.9 percent. In fact, only one sector saw an increase in the number of closures in 2020: electricity, gas, steam and air conditioning supply, which saw an increase of 26.4 percent
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Wage ruling gives gov't immediate fiscal headache, political one may come later
PoliticsGreek Politicson wage maturities If this proves to be correct, the government faces a challenge in finding... program review being carried out by the troika. It has struggled to reach this amount so finding... the impact that wage cuts would have on the party’s popularity. However, finding new savings could
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October revenues reverse earlier shortfall, annual primary surplus in sight
Economyto the targets being beaten over the last four months, even though there is a steady increase
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Two hurdles left for coalition this year before bigger challenges in 2014
PoliticsGreek PoliticsGreece’s coalition has two more hurdles to clear before it stumbles over the finishing line at the end of the year, exhausted and battered but not quite yet beaten. The first challenge is to pass the new property tax, which unites previous disparate levies in one charge, through Parliament. The new
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First round of local elections leave Greek politics finely balanced
PoliticsGreek PoliticsDemocracy’s incumbent Vassilis Michaloliakos was beaten into second place by independent Yiannis Moralis
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Wages index edges up YoY in Q1 after sinking by 24.8 pct since 2010
EconomyMacroeconomybeaten by that of Cyprus (-7.9 percent). In addition, Greece and Cyprus are the only two countries
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Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July
EconomyMacroeconomyand means that the primary surplus target was beaten by 1.48 billion euros. The fiscal performance
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New Democracy and PASOK ponder next moves after election defeat
PoliticsGreek Politics(with 4.68 percent it was beaten by Independent Greeks into seventh place among the seven parties
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Rifts in New Democracy as Samaras vows to stay as leader
PoliticsGreek Politicschallenge following her failed attempt in 2009, when she was beaten by Samaras. One of the interesting
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