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Govt mulls more tools against inflation as cost of living set to soar
PoliticsGreek Politicsover the next few days is expected to include an inflation assumption around 3-4 pct, from 1 pct... percentage point below the original 4.5 pct. Around 2 billion euros have been earmarked for energy
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Newsletter 331 - 11/03/2022
represents the sharp end of the inflation crisis in Greece, where unleaded fuel has risen above 2..., having committed more than 1 billion euros in subsidies since September last year. However
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Changes to energy subsidies aimed at winning over middle class
PoliticsGreek Politicssources suggested that the previous scheme was not particularly helpful to around 1 million households... of the year, will cost 2 billion euros, of which 800 million will come from public coffers and the rest
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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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