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Govt pleads with firms to absorb inflation as surveillance claims prompt calls for accountability
PoliticsGreek PoliticsGrowing concern over inflation has prompted the government to call on firms to show restraint in passing on rising prices to consumers, as the latest budget figures show the gains from economic... relief and emergency subsidies on energy bills have created a 7.2-billion-euro budget deficit
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Central gov net cash position shows deficit reined in from last year to 6.97 bln
EconomyMacroeconomybillion euros, bringing the total to 50.71 billion euros. The Public Investment Budget (PIB) balance came... own preliminary budget this week for October that showed a primary deficit of 7.2 billion euros
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Public sector hires under scrutiny again with more in the pipeline
PoliticsGreek Politicsin 2022. According to figures presented in the budget, applications this year are expected to exceed... is justified in the budget report by delays due to the pandemic, noting that in 2020 only 4,819 regular hires
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Health service weakness highlighted as Covid deaths hit record high and research points to ICU disparity
PoliticsGreek Politicsof the fact that it will have to start reining in the budget deficit next year and any new compensation package would hamper these efforts. The 2022 budget is currently being debated in Parliament ahead
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Newsletter 321 - 17/12/2021
, there were more positive signs for the Finance Ministry as the budget revenues are beating... of under-execution of the public investment budget, the primary balance up to November is well ahead
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Primary cash deficit almost halved to 7.32 bln in Nov
EconomyMacroeconomythe total to 55.47 billion euros. The Public Investment Budget (PIB) balance came to a deficit of 399... showed a deficit of 3.56 billion euros. The Finance Ministry released its own preliminary budget
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PM seeks to leave ICU controversy behind as Tsipras ups stakes with snap election call
PoliticsGreek Politicsleaders set out their position on Saturday, before the vote on the 2022 budget, which passed with the 158... his criticism on the budget, which he described as “conservative” and likely to lead many small
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PBO outlines positives from 2021, warns about uncertainty in 2022
EconomyThe Parliamentary Budget Office (PBO) published its last report for 2021, in which it outlines the favourable macro and fiscal conditions evident during the first nine months of the year. However... with a higher GDP, this could help the primary balance for 2021 beat the budget estimates. The PBO notes
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Podcast - The Greek economy: A macro view
Agorabudget and a closer look at broader trends and challenges. MacroPolis co-founder Yiannis Mouzakis provides a whistlestop tour of the budget, explaining its key elements and what obstacles the Greek... for ELIAMEP: https://www.eliamep.gr/en/members/jens-bastian/ Our podcast is hosted on Acast. You can
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Govt readies targeted support for energy bills in bid to contain cost of living crisis
PoliticsGreek Politicsas it would not necessitate dipping into the budget, which is already being challenged by the need for more... such as a higher minimum wage. RRF Pressures on the budget have overshadowed what
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