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Govt augments support for businesses, workers as total outlay on economic boost reaches 6.8 bln
EconomyMinister Christos Staikouras set out the latest measures on Monday. Some are new interventions, others..., will now be able to suspend VAT and tax payments. He also announced that up to 1 bln euros in tax... support, consisting mainly of the 800-euro stipend, will set the state back another 1.4 bln
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Greece heads back to markets with 7-year bond in bid to boost own funds
Economyis to secure the necessary resources to plug the budget gaps being formed by the extensive set... Stability Mechanism up to 4 billion euros in health-related expenditure and just above 1 billion euros... benchmark jumping from under 1 pct to 4 pct, before easing off after the ECB announced that Greece would
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OECD forecasts unemployment increase into 2021
EconomyFeaturesthe single hit scenario, Greece’s employment growth is set to fall by 3.5 percent this year and by 1... that unemployment is set to rise under three scenarios presented. Scenario 1 anticipates a GDP
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Greece's post-lockdown hubris
Agora. On August 1, the 7-day average of new daily cases exceeded 50 for the first time since the height... by the opposition and civil society groups, however one calculation suggested that only 1 percent of the money.... Surely there wouldn’t be one set of rules for foreigners and another for locals? The political class
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Newsletter 303 - 02/07/2021
is set to discuss with the European institutions from September its intentions about making... will lead to the primary surplus estimates seen in the Medium-Term Fiscal Strategy dropping by roughly 1... structural funds will set Greece on a dynamic growth path over the coming years are prompting its officials
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Crunch time nears for health system as Covid surge meets staff suspensions
PoliticsGreek PoliticsThe Greek health system is preparing for a tough autumn, as surging hospitalisations are set... of the Delta variant. The increased pressure on hospitals coincides with impending deadline set... are obliged under an emergency law to get vaccinated against Covid-19 by September 1, or face suspension
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Newsletter 351 - 16/09/2022
reading: “Diligence, continuity, stability”, Mitsotakis set out a total of 21 interventions, one-off... to set the tone for the upcoming elections by suggesting that the key issue for Greek voters will be one... challenge because as things stand Greece must turn the 2 pct of GDP primary deficit into a 1 pct of GDP
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Newsletter 415 - 08/03/2024
. The bill allows foreign universities to set up non-profit subsidiaries in Greece, thus circumventing... the last poll in January. Support for New Democracy has fallen by 1 point to 29.5 pct, while PASOK's..., contributing just over 1 billion euros to the roughly 4 billion euros that took real GDP in 2023
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Bravo, Bank of Greece
Agoraof Greece for starting this new series. The first note is excellent. It provides a comprehensive set... for Greece’s large Resilience and Recovery Plan (RRP) efforts.[1] The reader is struck by the clear... an entirely different set of consequences: the public is not disappointed, maybe even happy
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Newsletter 465 - 06/06/2025
package, set to be unveiled at the Thessaloniki International Fair (TIF) in September... in fiscal space by 2026, supplementing the €1 billion from organic spending increases under new Stability... over fiscal space clears way for next set of relief measuresGreece’s fiscal outlook became clearer
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