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Newsletter 227 -08/11/2019
by the government during the summer left off, focussing on lowering taxes for individuals and businesses... caused further trouble for the government this week. The Greek government has been trying to assuage... package that the Greek authorities incorporated in next year’s budget is worth 0.6 percent of GDP
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Bumper year for business launches in 2019, according to registry
EconomyFeaturesdue to 101,676 such companies coming off the registry in 2011 alone. The next most popular category... and revenue generation. Public companies (SA), which are the most favoured format for larger Greek... to trade in Greece across the years. It also does not capture Greek companies which are still actively
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Government readies up to 2 bln in assistance for shuttered firms and employees
Economysupport measures for the Greek economy, which will total roughly 2 billion euros. The measures... over the next few months. The finance minister also committed to paying off state arrears to suppliers... too early to tell how big a hit the Greek economy, and subsequently the budget, will take from
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Opposition picks holes in latest measures to mitigate economic impact from pandemic
PoliticsGreek Politicsoff the suggestion that it was guilty of wishful thinking or poor arithmetic and has consistently... to the lowest rate, 6 pct. Kathimerini reported that the Greek authorities are looking to set up... on the Greek economy could provide its political opponents and critics with plenty of opportunities
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek Politicsare due to be brought down in the coming months before Lamda starts constructing new ones. The Greek-led... on the site. However, New Democracy has also encountered obstacles in getting the project off... is another 3.5 billion euros in interventions aimed at assisting the Greek economy to recover from
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Flooding, Covid-19 threat in Athens dominate ND's agenda
PoliticsGreek PoliticsKyriakos Mitsotakis’s premiership continues to be knocked off course by unpredictable events... Karditsa on Monday. This tit-for-tat behaviour is standard practice in Greek politics, with SYRIZA having... for such situations, where Greek governments aim to be quick in announcing handouts and compensation
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Concern over ICU capacity, support for business generate pressure for ND
PoliticsGreek Politicsof elective surgery at public hospitals to be put off. Health Minister Vassilis Kikilias indicated... reaching, if not exceeding, 10 pct. Greek banks are also revising their forecasts. National Bank... in December for the heating subsidy. Nevertheless, Greek business owners do not seem
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Minister's clash with catering sector highlights pitfalls ahead as pandemic squeezes economy
PoliticsGreek Politicsas the coronavirus has knocked the 2021 budget off track after just the first month of the year... sector. Georgiadis Apart from being one of the Greek economy’s key employers, the catering sector has... forward perhaps the biggest political threat to the government is the possibility of many, small Greek
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Newsletter 288 - 12/03/2021
some protestors pulling a policeman off his motorcycle and beating him. The police suggested... euros last year from a 2016 high of about 14 billion euros. Unlike previous bouts of Greek bank... the European Central Bank’s TLTRO program, with an interest rate of -100 bps. Greek deposits increased
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Under scrutiny, government defends vaccine strategy
PoliticsGreek Politicsdictated by their delivery. The Greek official pointed instead to the current daily rate, arguing... that the Greek government had “overpromised and underdelivered”, in terms of vaccinating islanders... the opening of the tourism sector when other European countries, such as France are holding off from
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