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Athens steps up drive for fiscal space as fifth post-MoU review continues
EconomyProgramme. If approved, this could secure up to 4 billion euros for investments and 2 billion euros for tax relief. The government is searching for over 2 billion euros of fiscal space in the 2021 budget and at least... tax could be self-funding by broadening the tax base, the total abolition of the solidarity levy
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgrammeeuros turned red during the crisis. The banks are calling for more than 2 billion euros of state... for over 2 billion euros of fiscal space in the 2021 budget and at least 400-500 million euros in the current year to implement its tax plans. The total abolition alone of the solidarity levy in 2021 would
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Newsletter 266 -18/09/2020
confirmed on Thursday and nine more people died after contracting the disease, taking the total to 357... forecasts. 2 Current account deficit at 874.5 mln in July Sharp drop in travel receipts drives..., against an increase of 2 percent in 2018. Apartments over 5 years old saw prices increase by 6.9 in 2019
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Apartment prices rise by 4.1 pct in Q2
EconomyMacroeconomyan increase of 2 percent in 2018. Apartments over 5 years old saw prices increase by 6.9 in 2019, against..., and by 2 percent in other areas of Greece during Q2. For the whole of 2019, based on revised data... (ELSTAT). The total number of permits came to 1,747. The corresponding surface area rose by 10.2
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Newsletter 291 - 02/04/2021
, increasing the total size of the package to 57.5 billion euros, from the 30.9 billion euros it gets... worsened by 10.6 points. 2 Consumer confidence improves in March Retail, services and employment..., stationery and other goods (-3.7 percent). Increases were noted in supermarkets (+2 percent
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NBG posts 557 mln profit in Q1
EconomyBankingpercent QoQ from 314 million in Q4. Net fee income fell 2 percent QoQ to 67 million in Q4 The bank’s... to 16 bps in Q1, led to a improvement of the bank’s blended funding cost to nearly zero in Q1 (2 bps..., a 40 bps QoQ improvement that reflected improved profitability. The total capital ratio reached 17.1
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First-wave champion Greece stumbles at vaccine roll-out
Agorathe start of the SARS-CoV-2 pandemic in February 2020 and October 8, 2021, Greece has recorded a total... it was administering just 2 tests per thousand people. The number of tests increased with the introduction of mass... in a recent sounding only 2% of respondents said they have an appointment booked). Gaps, blind spots
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Govt baulks at more holiday restrictions to stem spread of Omicron variant
PoliticsGreek Politicsmillion self-tests at a total cost of almost 150 million euros. Recent reports, however, suggest... poll 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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Govt unveils new round of energy subsidies as fiscal space narrows significantly
PoliticsGreek Politicsto subsidise energy bills this month. This takes the total the government has pledged since the start of 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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Newsletter 355 - 14/10/2022
draw away from the centre-right party the 2 or 3 percentage points that would be the difference... than 2 million German and UK visitors, while the overall inbound travelers from the EU came to more than 8 million out of a total of 13 million visitors. In the meantime, during the first eight months
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