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  1. Govt counts cost of own energy package as hopes of coordinated EU response fade
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    PoliticsGreek Politics

    1.5 billion euros from the Energy Transition Fund and 1 billion from the national budget. The latest budget figures submitted by Athens for the Stability and Growth Pact include 4.3 billion euros

    9%
  2. Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    growth estimate in the final budget for 2022. Harmonized inflation is also significantly revised... balance in favourable terms as higher inflation pushes up nominal GDP and budget revenues. Lower

    9%
  3. Changes to energy subsidies aimed at winning over middle class
    Image: MacroPolis

    PoliticsGreek Politics

    will come from the state budget. Another 45 million euros from the national budget will go towards

    9%
  4. Govt lines up new handouts to fight inflation as SYRIZA moves to election footing
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    PoliticsGreek Politics

    of a one-off 200-euro payment. The improved budget execution performance in April and May... euros. It is expected that the Finance Ministry will table a supplementary budget in September, when

    9%
  5. ND faces fiscal balancing act and more challenges over spying scandal

    PoliticsGreek Politics

    to submit a new supplementary budget in the autumn, while it also makes it an even tougher challenge for officials to find a way for next year’s fiscal targets to be met. Moving back to a primary budget

    9%
  6. Govt puts focus on handouts, migration to take heat off surveillance affair
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    PoliticsGreek Politics

    . According to the last estimates by the Finance Ministry, the cost to the budget of absorbing the expected... to squeeze more out of the budget for economic support measures, while opposition parties will continue

    9%
  7. Athens pins hopes on pan-European solution for energy crisis, as surveillance affair unfolds

    PoliticsGreek Politics

    state budget. The urgency felt in Athens has been heightened by the publication of the retail... budget will take a hit of 2.8 billion euros to cover various energy and fuel subsidies. Government

    9%
  8. Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    figure included in the final 2022 budget. The latest inflation estimate has also been pushed up to 5.6 pct for HICP. Both forecasts are likely to be upwards revised in the upcoming draft budget

    9%
  9. Opposition lambasts Mitsotakis over support package, accuses PM of election scaremongering
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    PoliticsGreek Politics

    of emergency spending included in the revised budget, 1.7 billion would go to subsidising electricity bills... to employ RRF funds to invest in insulation and heat pumps rather than using budget funds to subsidise

    9%
  10. PBO sees medium-term risks mounting, despite positive near-term outlook

    EconomyMacroeconomy

    The Parliament Budget Office (PBO) released on Thursday its latest report, for the second quarter of the year, and notes the relative positive picture in the near-term, despite the uncertain times... HICP in August, help the revenue side of the budget, particularly taxation, leading to a surplus

    9%