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Newsletter 339 - 27/05/2022
. Alternate Finance Minister Theodoros Skylakakis said on Tuesday that the new subsidy scheme
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GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink
EconomyMacroeconomy. According to the Finance Ministry’s latest official estimates included in the Stability Programme
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Budget primary balance to May beats target by wide margin, taxes continue to outperform
EconomyMacroeconomyThe budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion euros, compared to a deficit of 8.14 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance beat
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PM eyes pre-election prize as enhanced surveillance draws to conclusion
PoliticsGreek PoliticsGreece’s imminent exit from the enhanced surveillance regime that followed its three adjustment programmes was confirmed on Thursday, providing the government with another “selling point” it could use on the path to the next elections. The meeting of eurozone finance ministers on Thursday resulted
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Govt lines up new handouts to fight inflation as SYRIZA moves to election footing
PoliticsGreek Politicseuros. It is expected that the Finance Ministry will table a supplementary budget in September, when
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Handling of energy crisis under fire as gas interruption tests supply security
PoliticsGreek Politicssmuggling. The party’s shadow finance spokeswoman Efi Achtsioglou noted that Greece’s petrol prices
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Subsidies fuel pre-election mood as SYRIZA starts preparing
PoliticsGreek Politicsconstituency that helped bring the centre-right to power in 2019. The Finance Ministry has set aside
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Parties get into campaign mode as ND mulls possible election dates
PoliticsGreek Politicsof an autumn date, while jockeying for position in post-election scenarios. Last week, former finance
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Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
EconomyMacroeconomyThe budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion euros, compared to a deficit of 8.14 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat
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High energy prices fuel uncertainty on fiscal front
EconomyMacroeconomyThe energy crisis fuelled by the Ukraine conflict will dominate the attention of Finance Ministry officials in the coming months as uncertainty over supplies during the winter has been priced into natural gas prices, which have reached 160 euros/MWh, creating doubts about the cost of the latest
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