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Govt readies additional inflation relief package, draws up new budget
PoliticsGreek Politicsinvasion. 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
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Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
PoliticsGreek Politicsestimates that the total cost of measures will more than double from 2 bln euros to between 4-5 bln... with the prevalence of the more transmissible Omicron 2 variant. Greeceās national vaccination committee
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Newsletter 332 - 18/03/2022
alarmed that unleaded fuel prices have risen above 2 euros/litre and heating oil has climbed to 1.6... increasing by 50 pct, natural gas prices higher by 100 dollars and a 2 percentage points rise
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Inflation triggers political machinations, move to increase budget spending
PoliticsGreek PoliticsThe government is set to submit a supplementary budget that will allow it to increase spending by 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
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IMF urges caution on public finances
Economystance that Greece should record a primary surplus of roughly 2 pct of GDP, which it sees being achieved by 2027. This will follow a deficit of less than 2 pct of GDP this year, contingent on the need
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Government claims tourism season a major success, opposition begs to differ
PoliticsGreek Politicsis preparing around 2 billion euros in interventions this autumn. This includes electricity and fuel..., but it appears that this will not involve the government shifting its 2 pct of GDP primary deficit
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Vehicle sales record back-to-back annual drop of 2.7 pct in July
EconomyMacroeconomyThe rise in road motor vehicles going into circulation for the first time stayed broadly unchanged in July, rising by 2.3 percent year-on-year (YoY), following 2 percent growth in June, according... cars rising by 2.7 percent, used passenger car sales were down by 2 percent. In the seven months
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Govt puts focus on handouts, migration to take heat off surveillance affair
PoliticsGreek Politicsthe original figure of 800 million to 2 billion euros. The government has been hoping that this can... euros, which could reach 2 billion euros by year end. Tourism is also a moving target. Government
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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
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NBG reports 652 mln profit in 9M, core PPI up 14 pct
EconomyBankingof 11 percent. Pre-provision income (PPI) stood at 935 million euros, down by 2 percent on the 958... million euros, up by 2 percent YoY. Balance Sheet Group deposits amounted to 55.68 billion euros in 9M
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