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  1. 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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  2. 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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  3. 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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  4. 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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  5. 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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  6. 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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  7. 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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  8. Vehicle sales record back-to-back annual drop of 2.7 pct in July

    EconomyMacroeconomy

    The 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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  9. Govt puts focus on handouts, migration to take heat off surveillance affair
    Photo via https://flic.kr/p/5Wq2VT

    PoliticsGreek Politics

    the 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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  10. Finance Ministry costs new support package, but questions remain over electricity subsidies
    Photo via www.government.gov.gr

    Economy

    to come in the full year to 4.3 billion euros, or 2 pct of GDP, with the rest covered by the Energy... authorities as the fiscal commitments require turning this year’s 2 pct primary deficit

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