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PM looking to build on RRF approval to augment profile as moderniser
PoliticsGreek PoliticsCommission has indicated that it expects 1 percent of GDP to be added this year, 2 percent next year and 2.5... 2.3 billion in grants and close to 2 billion in loans) to be made in July, with close to 8 billion
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MTFS forecasts growth of up to 6.2 pct in swift economic recovery from Covid
EconomyMacroeconomyis expected to have a small primary deficit of 0.5 pct of GDP, before returning to primary surpluses of 2... that Greece has committed to primary surpluses in the region of 2 pct of GDP up to 2060 to comply
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Govt baulks at more holiday restrictions to stem spread of Omicron variant
PoliticsGreek Politicspoll for Powergame.gr shows KINAL up from 9.4 to 13.1 pct, with ND sliding by almost 2 points from 34.3 to 32.2 pct, and SYRIZA also losing 2 points to go from 23.6 to 21.5 pct. Although Androulakis
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Government U-turns again to tighten Covid measures over Christmas
PoliticsGreek PoliticsJanuary 2, include a return of the mask mandate in all public spaces, with double masks or high... to the country will be required to take diagnostic tests on days 2 and 4. The minister added
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Mitsotakis targets inflation on path to elections in 2023
PoliticsGreek Politicsto move ahead quickly with the minimum wage increase, after the first instalment of 2 pct on Jan 1... popularity than the pandemic. The 2 pct increase at the beginning of the year took the gross monthly
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Newsletter 323 - 14/01/2022
was raised by 2 pct on January 1 and the conservatives had promised a second increase at some point... a primary surplus worth over 2 pct of GDP for the period up to 2060. For 2022, after two years of running
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Newsletter 325 - 28/01/2022
sector incomes, at 799 million euros; and some reduced VAT rates for a total tax reduction of 2... of close to 2 pct of GDP the following year, some serious fiscal effort - as much as 7 billion euros
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Inflation to persist, creating more economic policy challenges
EconomyMacroeconomyMinister Christos Staikouras admitted that average inflation in 2022 will range between 1.5 and 2... as fuel prices, also thanks to the heavy tax wedge, are approaching 2 euros per litre in gas stations even
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Govt unveils new round of energy subsidies as fiscal space narrows significantly
PoliticsGreek Politicsof the energy crisis last autumn to 2 billion euros. Skrekas said that the latest tranche would... from the energy subsidies and the reduction to ENFIA, the government has already adopted a 2 pct rise
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Central govt debt rises again in Q4, reaching 388.3 bln euros
EconomyMacroeconomyGreeceās central government debt increased by roughly 2 billion euros in the last quarter 2021 to 388.34 billion euros, from 386.82 billion euros in the previous quarter, the Finance Ministry's (MoF... three quarters of declines back in 2018. The Q4 debt movements reflect a drop of roughly 2 billion
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