Search
-
Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
Economycan draw an amount equivalent to as much as 2 pct of their GDP from the European Stability Mechanism... benchmark went from less than 1 pct to 4 pct in mid-March. The government and the Public Debt... could fetch up to 2 billion euros. The Finance Ministry is in a tight spot as the budget is already
14% -
CPI down by 1.6% in March, marking 12-month continuous drop
EconomyMacroeconomyof 1.3 percent in February and a decline of 2 percent in January, Hellenic Statistical Authority... pct YoY, after the 1 percent drop in February. The goods’ index fell by 1.9 percent while the services index fell by 1.3 percent YoY. The harmonised index of consumer prices (HICP) fell by 2 percent
14% -
Govt readies additional inflation relief package, draws up new budget
PoliticsGreek Politicswould be worth 1 billion euros, designed to assist up to 4 million households and businesses... invasion. Officials are also alarmed that unleaded fuel prices have risen above 2 euros/litre... is working on macro scenarios that up to 2 percentage points being shaved off the GDP growth of 4.5
14% -
Inflation triggers political machinations, move to increase budget spending
PoliticsGreek Politicsby as much as 2 billion euros compared to the initial budget for 2022, underlining the pressure that New... government spending ceiling by 2 billion euros, although it is not a given that the full amount... invasion of its neighbour will shave off at least 1 percentage point from Greece’s growth prospects
14% -
Newsletter 373 - 10/03/2023
. If the elections are held on May 14 or 21 and a second vote is needed, this could be held on July 2... was 6.9 pct of GDP, from 3.5 pct in 2021 and an average figure of 1 pct in the period before 2020... push this year’s growth to 2 pct, from 1.6 pct in the budget baseline. This could settle any fiscal
14% -
ND's opinion poll decline thrusts PASOK back into spotlight
PoliticsGreek Politics. The party’s ratings jumped from 2 to 4 pct. The undetermined vote, including undecided voters... for New Democracy by 2 to 4 percentage points is more than just a temporary blip and is replicated... in Parliament and ND would have a roughly 4:1 ratio of its MPs to PASOK’s deputies. In a radio interview
14% -
Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyfurther to 2.9 pct in 2024, falling below 2 pct by 2028, when it is expected at 1.8 pct. The current... year, and at 6 pct in 2024, before moderating to 3 pct by 2028. Unemployment will fall by 1 percentage... than triples to 1.4 pct next year and reach 2 pct of GDP in 2027 and 2028. The cyclically adjusted
14% -
Rise of smaller parties a barrier to decisive result in first elections
PoliticsGreek Politicsin next month’s vote, as well as a second ballot that could follow on July 2. The Pulse poll published... vote, to 11 pct. There has also been an increase of 2 points, to 38 pct, in the percentage of Greeks..., up by 1 point since earlier in the month. Ellines is unchanged, on 3 pct. On Thursday, former
14% -
Newsletter 397 - 13/10/2023
. In the publication of its latest World Economic Outlook, the Fund sees the Greek economy growing by 2 pct... in the eurozone, with Germany even contracting by 0.5 pct this year, France growing by just 1 pct and Italy... food is adding close to 2 points to the CPI. There is also some concern about the monthly movement
14% -
SYRIZA and PASOK join forces to pressure govt as polls show gap between them narrowing
PoliticsGreek Politicsto 17 points in September. ND has gained almost 2 points to reach 34.1 percent, while SYRIZA has lost almost 2, falling to 13.5 percent. More worrying for the second party, social democrats PASOK are now less than 1 point behind them at 12.7 percent, up from 11.8 percent in September. Communist party
14%