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Newsletter 209 -07/06/2019
) garners between 3 and 5 percent. Ex-finance minister Yannis Varoufakis's party, Mera25, is expected... concerning given their impact on growth-friendly initiatives for public finances and to direct a higher
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PPC, Hellenikon present government with first test of problem solving mettle
Economylight from the Finance Ministry on Thursday, and will proceed with the sale of 2.5 billion euros...To the extent that government is an exercise in handling short-term obstacles thrown up by events, the dire state of Public Power Corporation’s (PPC) finances and unblocking the flagship Hellinikon
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Bid for better use of digital tools likely to have decisive impact on ND's goals
PoliticsGreek Politicsof the entire state apparatus, rather than just the Finance Ministry, under whose auspices it has... will be in the shadow of developments in other areas, such as the economy, public finances
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeand the finance ministry, it was confirmed that all banks will participate in the APS scheme of bad... with PPC and a plan that the ministry has in place to improve its finances and viability, will also require
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Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
EconomyBankingthat are eligible for the 800-euro benefit granted by the Finance Ministry. The BoG says that roughly 36 percent... it is known that the finances of the households are stretched, making them vulnerable to a relapse
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Budget primary surplus at 494 mln in Mar amid first signs of Covid-19 impact on revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 494 million euros in the first three months of 2020, compared to a surplus of 1.44 billion in March 2019, the final Finance Ministry (MoF) budget... the coronavirus is having on public finances as some tax revenues declined. The primary surplus
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ND hopes economy will pick up as second stage of lockdown easing begins
PoliticsGreek Politicsalmost a decade-long economic crisis. Prime Minister Kyriakos Mitsotakis and Finance Minister Christos... of the coronavirus crisis on households but also limiting the public finances that the government has to make
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EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
PoliticsGreek Politicsto To Vima’s sources, the reduction of corporate tax from 24 to 20 pct is one of the Finance Ministry’s priorities. However, this will have to be balanced against the damage being done to public finances
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PM makes minor changes to cabinet, with focus on handling of EU funds
PoliticsGreek PoliticsMinistry,” said government spokesman Stelios Petsas. Deputy Finance Minister Theodoros Skylakakis is being... eye on Greece’s public finances, as was the case until now. In a related move, Deputy Development
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Attention turns to economic activity, support measures as Covid-19 vaccine rollout begins
PoliticsGreek Politicsthe market for generous haircuts on tax obligations. The Finance Ministry is exploring a special purpose settlement of 120 instalments, to be applied on a per case basis after finances have been evaluated
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