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Newsletter 334 - 08/04/2022
in Greece and the market. A few weeks ago, it was the Parliamentary Budget Office (PBO
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Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
EconomyMacroeconomyconflict and the energy crisis require budget outlays to cushion the blow. Turning this deficit
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Under increasing domestic pressure, govt awaits EU signs for response to energy security threat
PoliticsGreek Politicsrepeated refusals to compromise budget revenues. Opposition SYRIZA, meanwhile, continue to pile
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Implementation snags hang over ambitious post-Covid recovery plans
PoliticsGreek Politicsbudget of just over 50 million euros, 6 projects worth 227 million euros for digital transformation, half
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Govt finds devil is in detail for windfall tax on power companies
PoliticsGreek Politicson its pledge to return to the state budget the excess profits of electricity producers
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Speculation about snap polls after summer revived by PM's US trip
PoliticsGreek Politicsan argument that Mitsotakis is better off holding elections before the 2023 budget has to be tabled
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GDP rises by 2.3 pct QoQ in Q1 as consumption grows, but other components shrink
EconomyMacroeconomyin the final 2022 budget. The latest inflation estimate has also been pushed up to 5.6 pct for HICP
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Athens prods EU to resume enlargement process for Western Balkans
PoliticsForeign Policythe EU budget and especially plans by the prime minister to lift the veto on North Macedonia starting
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May cash deficit improves markedly YoY as revenues rise by 3.5 bln
EconomyMacroeconomyeuros. The Public Investment Budget (PIB) balance came to a deficit of 348 million euros, broadly
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Subsidies fuel pre-election mood as SYRIZA starts preparing
PoliticsGreek Politicsto 3.5 billion euros or 1.5 pct of GDP – is drawn from the budget. The government is hoping
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