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Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
EconomyProgrammethat a significant fiscal effort is needed to move from a primary deficit in the region of 2 pct of GDP this year, to a surplus of more than 1 pct of GDP in 2023. This will require a fiscal improvement
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Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
EconomyMacroeconomyexpenditure of 1 billion euros has not materialised yet. Interest payments came to 2.6 billion euros... landed at a deficit of roughly 2 billion euros. Up to May, RRF intakes were 1.72 billion euros and have
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Mitsotakis turns to 2015 contrast again as MEPs give PM bumpy ride
PoliticsGreek Politics. However, support for SYRIZA has also risen by 1 point during that period, increasing from 23.2 pct to 24.2... would back ND in a second round, while SYRIZA would gain even more than the conservatives’ increase of 2
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Electricity price shock, pressure on phone-tapping take shine off surveillance exit
PoliticsGreek Politicsrevised from the original estimate of 850 mln euros until the end of the year to 2 bln euros, with most... were 45 days past due. This figure now stands at 45 pct, with the amounts in arrears climbing to 1... into the autumn, as it tries to structure its last economic package en route to the next elections
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Despite solid annual growth of 28.1 pct, import prices record first back-to-back monthly drop since 2020
EconomyMacroeconomyreduction in manufacture of petroleum products and 1 percent drop in chemical products. In terms..., although it recorded three continuous monthly drops, falling by 2 percent, after a 0.6 percent drop
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Policy pledges bolster top two parties as ND erases losses from surveillance affair
PoliticsGreek Politicsand gradually fall for consumption above 1000 KWh/month. The higher band only applies to 2 pct... will be limited to 100 million euros, as 1 billion will come from generators’ profits and emissions trading
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ND sees limited political threats on path to next year's elections
PoliticsGreek Politicssurplus of 0.7 pct of GDP. This is expected to help the government build a buffer of around 1 billion..., is still a serving MEP. Members of the PEGA committee are due to travel to Athens on November 2
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SYRIZA pushes alternative cost-of-living package but govt support still a vote-winner
PoliticsGreek Politics2:1. The survey was notable for being carried out between December 15-19, covering the period
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EC tweaks forecasts, sees 2023 growth at 1.2 pct
EconomyMacroeconomyand 1 pct this year, with the winter forecast noting that inflation had an effect on growth... in 2024 is now seen at 2.2 percent, from 2 percent in autumn. Price growth during 2022 was 9.3
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Newsletter 378 - 28/04/2023
poll, MeRA25, led by former finance minister Yanis Varoufakis, is on 4.5 pct, up by 1 point since... 2 points in April to 108.8 points. Nevertheless, it remains below the previous high of February 2022
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