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Newsletter 401 - 10/11/2023
in September. ND has gained almost 2 points to reach 34.1 percent, while SYRIZA has lost almost 2... the high cost of money as the stock of loans to corporations dropped by 2 pct of the total portfolio
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Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
EconomyMacroeconomyinclude bodies of the wider public sector were 41.94 billion, up by roughly 2 billion euros... by roughly 2 billion euros. State guarantees came to 26.34 billion euros on debts and 2 billion euros
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PM finalises relief measures in ambitious but risky move to sway voters
PoliticsGreek Politicsto 2 billion euros. The interventions are due to be announced when Mitsotakis makes the keynote speech... and unspent EU recovery funds. By confining the ultimate volume of the package to 2 billion euros, around 1... now feel squeezed by inflation and stagnant real wages. By delivering 1.5–2 billion euros
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Government’s growth ambitions meet RRF reality
EconomyMacroeconomyby 0.6 pct quarter-on-quarter and 2 pct compared to the same period last year. Growth over the first nine months averages 2 pct, and strong private spending during the festive season will be needed... to 2 pct in 2026, or slightly below, with Capital Economics the latest to predict 1.8 pct for next year
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Greece's labour market is austerity's biggest casualty
Agoraand the recession does not exceed the finance ministry’s estimates) and the revenue side of the budget... investment budget, falling property prices, tight credit conditions and a heavily taxed property ownership
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From soup kitchens to school meals, demand for welfare in Athens is surging
Societya range of welfare services for around 20,000 people a day. All this on a budget that has been cut... social problems have to be addressed on an ever tighter budget are a microcosm of what is happening
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Coalition wins crucial votes but at a price as SYRIZA leads polls
PoliticsGreek Politicsthat the 2014 budget did not have the troika’s approval and that a supplementary budget, with more
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It's not the distance; it's the load you carry
Agorapercent of GDP in 2009 required almost three times the fiscal effort to balance the budget. However... budget and a further 529 million and 155 million were identified for 2015 and 2016 respectively (table
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Greece and troika: Bailout tranche, funding gap and debt relief still pending
PoliticsGreek Politicsto the fact that Greece has entered primary budget surplus territory and does not have any debt... the 24th, when Eurostat is expected to confirm that Greece produced a primary budget surplus in 2013
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Troika inquiry: talk to the organ grinder, not the monkey
Agora. How much time and financing would Greece get to bring its budget under control? Should its debts... and money to shrink such a massive budget deficit. Germany said no. The financing limit dictated
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