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Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
EconomyProgrammeadopted promptly and “in a responsible way” a series of income and liquidity support measures, the report notes. The Commission adds that Athens remains committed to the reform effort that will support..., such as the SURE programme for employment support and EIB initiatives to support investments. The Commission
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Govt and opposition stake out positions on pandemic impact measures
PoliticsGreek Politicsbillion euros to businesses in emergency support and 3.5 billion in deferred taxes and contributions, on condition that no jobs are shed over the next six months. The support would come directly from... from the prevailing rate of 24 or 13 percent), a support package for farming and fishing, and 0.5
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Finance Ministry grapples with escalating cost of pandemic
EconomyFinance minister Christos Staikouras announced on Monday that the cost of support measures... to become clearer. Monday’s announcement included the following support measures: · Suspended businesses.... At the same time, he hailed past caution as the reason why the government can continue to support
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Newsletter 284 - 12/02/2021
that the cost of support measures for the economy in the first quarter alone will come to 5.9... support measures: · Suspended businesses such as retail, restaurants, gyms, cultural, sports... can continue to support the economy. With the government having initially estimated that support
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In 9th post-bailout review, EC sees reforms slowing due to pandemic
EconomyProgrammeand hinges to a large part on the vaccination campaign, the risk of cliff effects once support... continues to provide extensive support to businesses and households, especially as mobility restrictions remain in place since November. The Commission estimates support initiatives in 2021 to reach 6.5 pct
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Govt searches budget for space to adopt more Covid and energy relief
PoliticsGreek Politicsto prepare a new round of support measures for businesses and households in the new year, which may well... put down for supplies and entertainment bookings. The sector is warning that without support the last... that the government is looking at a three-stage support package for firms affected by the Covid measures
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Athens makes landmark foreign policy shift by sending arms to Ukraine
PoliticsForeign PolicyAthens has shown its support for Kiev following Russia’s invasion by sending ammunition to Ukraine... with Ukraine’s president Volodymyr Zelensky on Saturday to express Greece's full support. Government sources said that Mitsotakis expressed Greece's support for stricter European Union sanctions on Russia
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PM yields on energy windfall tax as govt feels strain
PoliticsGreek Politicsrepresentation scheme, support of around 38 pct would be needed for the winning party in the second vote... this week, the Metron Analysis poll also showed support for New Democracy slipping in recent weeks... for the ruling centre-right party fell to 27 pct from 28.5 pct in February. Support for SYRIZA edged up from 19.1
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Newsletter 336 - 06/05/2022
the new package. Concerns about losing the support of core constituency groups such as middle-class... on energy companies. Apart from further draining away New Democracy’s support, SYRIZA hopes... to 34 pct in April, while there was a rise from 23 to 25 pct in this metric for Alexis Tsipras. Support
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Govt finds devil is in detail for windfall tax on power companies
PoliticsGreek Politicson the New Democracy government to fund support measures for high energy costs out of the “windfall... support society and the national effort to reduce the impact of price increases”. The revenues from the windfall tax will be used to support the National Support Plan through electricity subsidies
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