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Newsletter 387 - 30/06/2023
to reach pre-pandemic levels. The budget is also continuing to send encouraging signs, with a tax
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Where are the Conservatives?
Agoratransparency and disclosures), and, especially, small deficits or a balanced budget and low debt (if we
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PBO sees normality returning, but inflation will have multifaceted effects
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) published its latest quarterly report on Tuesday in which progress is outlined along with challenges for the Greek economy as the government starts a new term under the spectre of inflation. The PBO notes that the economy grew by 2.1 pct year-on-year (YoY
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Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
Economy, the favourable profile of the public debt, the budget outperformance and reforms implementation
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PM strikes public diplomacy coup with Zelensky visit, faces criticism over wildfires
PoliticsGreek Politics-euro civil protection budget funded by the RRF. Further criticism came from the Communist Party KKE
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PM under pressure to account for destruction, as wildfires stoke anti-migrant sentiment
PoliticsGreek Politicsto be working on a supplementary budget – the third in a row – in order to find funds to cover
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Government tries to mount defence against criticism about wildfires
PoliticsGreek Politicsand the government’s desire to stick to its budget plans and to be seen by its European partners
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Return to investment grade overshadowed by flood destruction
Economyinvestment budget, so it is directed at the affected areas, so the fiscal impact is contained
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Cabinet reshuffle rumoured as scale of flood reconstruction task begins to dawn
PoliticsGreek Politics, the RRF and the multiyear EU budget. Political backlash Opposition leaders continue to pursue Mitsotakis
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PM gathers funds to deal with aftermath of floods as political problem grows more acute
PoliticsGreek Politicsthat a supplementary budget of 500-600 million euros is likely to be needed in the coming weeks to cover
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