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Newsletter 375 - 24/03/2023
in the tourism industry. The PM believes it is “very likely” that second elections will be required in order... vote, in order to give it a clear mandate to shape a government in the first round of elections... privatisation receipts are expected at 2 billion euros, and 2.2 billion euros of cash reserves will also
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legallow premiums. In order to benefit from the framework, the guarantee must not exceed 90% (where losses... in order to curb harmful coronavirus crisis implications in society, limit the losses of jobs and incomes... and in order to ensure liquidity, the Greek State enables the affected companies to benefit from
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Watchdog's ruling in voter email leak prompts opposition calls for minister to resign
PoliticsGreek Politicson the Interior Ministry in connection to the leaked emails. They were found to have breached data... the time of the national elections. Someone from the Interior Ministry, who has not been identified... for the European Parliament elections next month. Interior Minister Niki Kerameus has stressed
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Slight rise in deposits for March but outflows at 2.2 bln for 2014
EconomyMacroeconomyGreek private sector deposits rose 0.3 percent month on month (MoM) in March, with balances reaching 161.05 billion euros, according to the Bank of Greece (BoG). Net flow turned positive for the first time since December with inflows amounting to 501 mi...
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Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
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ND prepares first three bills for votes before Parliament's summer recess
PoliticsGreek Politicsfor the 14,706 people who own property worth more than 1 million euros. Interior Minister Takis Theodorikakos... to 70,000 euros, 25 percent for properties worth 70,000 to 80,000, 20 percent for properties ranging from
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Fallout from Ukraine war being fed into calculations about next general elections
PoliticsGreek PoliticsInterior Minister Stelios Petsas said that he does not expect elections, which are scheduled to take place... is assessing the conflict’s impact based on three scenarios, ranging from the war being over in the coming
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Universities bill expected to pass despite many critics and united opposition
PoliticsGreek Politicsto be deployed. Citizenship scandal Development Minister Adonis Georgiadis and Interior Minister Makis Voridis...” bill covers a broad range of areas relating to universities, ranging from the governance of higher
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