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Employment balance stays positive in Mar, Q1 underperforms YoY
EconomyMacroeconomyGreece’s employment balance stayed positive in March with 34,373 more hirings than firings, according to data from the Labour Ministry’s Ergani information system. The balance was also positive in February due to 15,189 more hirings than departures. The balance in March last year was positive
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Covid restrictions to be relaxed but public fixated on cost-of-living crisis
PoliticsGreek Politics, which is half a point more than in March. Centre-left KINAL garners 12 pct, half a point lower than
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Govt eyes own energy package if EU fails to approve joint action
PoliticsGreek Politicspct above forecasts, while private suppliers have seen arrears more than double, rising by 10 pct... stability is a more important target than electing a one-party government. This was seen as, on one
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More fiscal space emerges for new energy relief package as parties jostle for support
PoliticsGreek Politicspoint than initially thought. This translates into 3 billion euros. The ministry recently passed... are lower than in many other countries. It is clear, though, that ND feels it needs to fire another
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IMF trims 1 point off 2022 growth, makes major revision to inflation forecast
EconomyMacroeconomywith a modest fiscal path in the coming years, which is less ambitious than that of the European.... This fiscal path is more modest and slower than the one envisaged by the eurozone lenders, who
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PM goes big on minimum wage increase, but opposition unmoved
PoliticsGreek Politics. Communist Party KKE noted that the new nominal minimum wage is lower than it was 13 years ago. Covid... rather than needing to have them enforced. Higher vaccination rates, falling infection numbers
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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economyof dropping by more than 10 percentage points this year to 183.6 pct, leading to 160.2 pct by 2025... consideration if reforms continue, and the budget and growth performance is better than expected. On the other
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SYRIZA and KINAL focus on settling internal issues as they clear path to elections
PoliticsGreek Politicsthan delegates. The vote for both has been scheduled for May 15 and will undoubtedly be the focus... that the aim is to increase the number to more than 80,000. It will also be important for Tsipras
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Newsletter 336 - 06/05/2022
to their current levels, but would still be 30 pct higher than before the crisis began. The change... than energy imports from the latter, and the help of EU funds, it is still at 3.1 pct in real terms
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Changes to energy subsidies aimed at winning over middle class
PoliticsGreek Politicsthat rely on electricity, rather than oil or gas, for their heating during the winter. The new..., halve the bills compared to their current levels, but would still be 30 pct higher than before
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