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Newsletter 375 - 24/03/2023
a first vote using proportional representation, ND would have 115, SYRIZA 100, PASOK 35, KKE 25... and the signals on the budget front are encouraging throughout last year and a solid start in 2023, largely... privatisation receipts are expected at 2 billion euros, and 2.2 billion euros of cash reserves will also
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Greece drops to 72 in Doing Business index as long-term problems persist
EconomyFeaturesthe first available data for Greece in 2004, when Greece scored 57.5 out of 100, where 100 represents... permits In this category, Greece scored 39 out of 190 economies. The score came to 69.9 out of 100..., with the highest score out of 100 being 61.2 in 2015, and the lowest 37.5 in 2005. The current score
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Newsletter 224 -18/10/2019
Draft budget details agreed Athens submits 2020 plan to Brussels as IMF sees lower growth, primary... an agreement with the European institutions over next year’s draft budget, settling differences over...-September budget execution figures showed that there was a strong fiscal outperformance
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Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgrammepercent, lower than the recent IMF and European Commission (EC) forecasts of 2.2 and 2.1 percent... seen up by 2.6 percent but slowing thereafter to 2.3 percent in 2020 and to 2.2 percent in 2021... in energy infrastructure (100 million) and in the agricultural sector (100 million), while another 100
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Greek banks' equity raising could keep official support to a minimum
Economy. Bondholders have the option to agree to a share exchange at 100 percent of nominal value for the senior... and 78 million to Tier 1 securities. Bondholders are offered the option for a share exchange at 100... 8.65 percent and Mackenzie 5.84 percent. The bank will also proceed with a reverse split (1:100). NBG
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Newsletter 233 - 20/12/2019
ND intent on sticking with formula Govt pledges more tax cuts and strike legislation as 2020 budget is adopted The 2020 budget was approved by Parliament on Wednesday, marking a brief pause... the impact on public transport from strikes and work stoppages by employees. Although the budget only
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Great Expectations: Is Greece 2.0 hitting the target?
EconomyFeaturesexpects to receive a boost from Greece 2.0 to the tune of 1.9 percent according to its budget report... silently revised downwards from the 2023 budget, where 3.6 billion euros of grants were included in the original assumptions, to the 2024 budget report, where it was estimated that a little less than
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammeThe budget execution for January revealed a revenue shortfall of almost 1 billion euros, mainly reflecting... taxes or shortfall created by other revenue sources. The breakdown of the key budget items in the first half of the year, according to the 2015 budget, shows revenues in March will be lower than
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Athens displeased with EU Council outcome, faces pressure for talks with Turkey
PoliticsForeign Policyto engage in a dialogue. Arms embargo Following the Greek side’s failure to secure the inclusion... to an arms embargo and countermeasures/sanctions per sector over Turkey’s violation of the EU-Turkey... of the arms embargo, Mitsotakis explained in his press conference on Friday in Brussels
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Newsletter 185 -30/11/2018
true colours as far as economic and fiscal policy are concerned. “Our first real 100 days in government will be completed tomorrow, when we will mark 100 days out of the MoU,” the prime minister told... this year, from a figure that was well in excess of 100 billion in the end of 2016. The NPE ratio
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