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  1. Mitsotakis apology for wildfires gets sceptical reception

    PoliticsGreek Politics

    with emergency funding of half a billion euros from the budget, will be directed by the Prime

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  2. Govt sets out fire compensation scheme in first step to overcome destruction

    PoliticsGreek Politics

    to be made to this year’s budget, with the initial fiscal impact of the aid being put at 500 million euros

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  3. PM removes under-fire ministers from posts in late-summer reshuffle
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    will be written into the draft budget due to be presented in October. The standout changes announced

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  4. General govt balance deteriorates due to deficits of state and social security funds
    Photo by MacroPolis

    EconomyMacroeconomy

    budget deficit up to July was 9.09 billion euros, compared to 7.3 billion euros last year. Extrabudgetary

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  5. GDP shows strong recovery from lockdowns with 3.4 pct growth QoQ in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    is expected to be revised up by the Finance Ministry in the submission of the draft budget in three

    1%

  6. Newsletter 307 - 10/09/2021

    Newsletters

    that will be included in the draft budget of 2022, and which Prime Minister Kyriakos Mitsotakis wants to set out

    1%

  7. PM announces extensive measures to build on recovery, counter inflation and put govt on track

    PoliticsGreek Politics

    ; increasing by 20 pct the budget for the heating fuel subsidy; and reducing the levy on mobile

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  8. Tsipras looks for fresh start as Mitsotakis holds election cards

    PoliticsGreek Politics

    pledged to increase the budget outlay but also to dedicate 1 billion euros of RRF money to bolstering

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  9. PBO highlights exceptional factors supporting recovery, cautions against complacency
    Photo by MacroPolis

    Economy

    The Parliamentary Budget Office (PBO) issued its latest quarterly report on Tuesday, noting the economic recovery but warning against complacency as the factors behind the solid GDP rebound in the second quarter are circumstantial and transitory. Greece’s annual growth of 16.2 pct in the second

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  10. Impact of pandemic, lockdowns reflected in lower household spending during 2020
    Photo by MacroPolis

    Society

    The household budget survey published on Wednesday by ELSTAT captures the effect that the pandemic and the lockdown restrictions had on Greek household spending in 2020. The average annual household expenditure in 2020 came to 15,982 euros per year, or 1,332 euros per month, a drop of 9.9 pct

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