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Support for ND and PM ebbs, but SYRIZA still floundering
PoliticsGreek Politicsand ultra-nationalist Greek Solution has declined recently. In contrast, the Communist Party (KKE..., attracting 17 percentage points more support from this section of the Greek electorate. One... that ND fears losing, while also not turning off centrist voters and prompting them to look for other
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PM to address inflation as polls show wear and tear for govt
PoliticsGreek Politics. It should be noted that two of the six KINAL leadership candidates will go into a second run-off... afforded to far right parties. The ultra-nationalist Greek Solution, which won 10 seats at the last... and the inability of Greek Solution to mop up these potential votes may diminish the ultimate
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Newsletter 318 - 26/11/2021
energy subsidy in order to keep up with escalating price rises, while also accusing him of selling off... campaigns that saw a variety of Greek media outlets receive more than 40 million euros in total... of the Greek public and the opposition sensed an opportunity through the inquiry to drive home its message
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Deposits decline by 2.23 bln in customary Jan drop
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system turned negative in January... of 134.72 billion euros. Despite coming off the high of 180 billion euros, the current level of private sector deposits remains the highest since the end of 2011. The Greek economy entered its decade-long
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Govt weighs escalating impact of Ukraine war on public finances
PoliticsGreek Politicsfor member states to combat energy price hikes. The Greek government has been lobbying for the creation of a unified support fund financed by the proceeds of emission permit actions. The Greek side... billion euros off the deficit and free up more fiscal space for support measures. Political impact
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PM focuses on high prices, food supplies as snap election option fades away
PoliticsGreek Politicsmonths. The government is reportedly considering a 40-million-euro support package for Greek farmers... days, Greek companies importing foods and basic goods will have to inform authorities regularly... is off the table for the next 12 months because the government will need this time to tackle
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Start of 2022 sees back-to-back negative deposit flows for first time in three years
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in February remained negative.... Despite coming off the high of 180 billion euros, the current level of private sector deposits remains the highest since the end of 2011. The Greek economy entered its decade-long debt crisis with 237.53
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Inflation triggers political machinations, move to increase budget spending
PoliticsGreek Politicsinvasion of its neighbour will shave off at least 1 percentage point from Greece’s growth prospects.... These developments have both reduced the Greek public’s overall satisfaction with the government’s... also shows a notable upward movement for the far-right parties. Ultra-nationalist Greek Solution posts
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Newsletter 333 - 01/04/2022
tax relief optionsTackling inflation is becoming a growing challenge for the Greek government... by a one-off benefit to vulnerable households that starts at 250 euros, as well as a fuel subsidy for low... of the argument is that by design the Greek budget relies heavily on indirect taxes and any intervention will have
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IMF urges caution on public finances
Economyattention to the fiscal policy commitments Greek authorities face from this year, while noting... and sizable EU support. Assisted by Hercules APS, the Greek banks have also managed to shift large parts of their NPE portfolio off their books. However, the IMF notes that despite risks now being
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