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  1. Govt unveils new round of energy subsidies as fiscal space narrows significantly
    Photo via https://flic.kr/p/5Wq2VT

    PoliticsGreek Politics

    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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  2. Central govt debt rises again in Q4, reaching 388.3 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s 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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  3. Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP increased by just 0.4 percent quarter-on-quarter (QoQ) in the last quarter (Q4) of 2021, from a downwards revised 2 percent in the third quarter (Q3... consumption rose by 2 percent, investments grew by 17.7 percent pct QoQ and exports also increased

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  4. Govt readies additional inflation relief package, draws up new budget

    PoliticsGreek Politics

    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

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  5. Inflation triggers political machinations, move to increase budget spending
    Photo by MacroPolis

    PoliticsGreek Politics

    The 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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  6. Newsletter 333 - 01/04/2022

    Newsletters

    to spend up to 2 billion more this year than initially envisioned in this year’s economic plan. Staikouras stressed that it is not certain that the full 2 billion euros will be spent. This move allows

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  7. IMF urges caution on public finances
    Photo via Flickr https://flic.kr/p/7BWNey

    Economy

    stance 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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  8. Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
    Photo by MacroPolis

    EconomyMacroeconomy

    current commitment is for a primary surplus of roughly 2 pct of GDP. Despite the fiscal laxity since... as Greece is scheduled to have a primary deficit of close to 2 pct of GDP this year, as the Ukraine

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  9. Lower trading income for NBG keeps net profits at 490 mln in H1
    Photo by MacroPolis

    EconomyBanking

    were virtually unchanged, standing at 1.9 billion euros at the end of H1, from 2 billion euros in Q1... cost in H1 was 1 basis point, from -2 basis points in Q1 this year Capital The CET1 ratio stands

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  10. Government claims tourism season a major success, opposition begs to differ

    PoliticsGreek Politics

    is 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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