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Govt unveils new round of energy subsidies as fiscal space narrows significantly
PoliticsGreek Politicsof the energy crisis last autumn to 2 billion euros. Skrekas said that the latest tranche would... from the energy subsidies and the reduction to ENFIA, the government has already adopted a 2 pct rise... in October in order to combat inflation. Although the limits to what action the government can take
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IMF urges caution on public finances
Economystance that Greece should record a primary surplus of roughly 2 pct of GDP, which it sees being achieved by 2027. This will follow a deficit of less than 2 pct of GDP this year, contingent on the need... spending in health care and public investments should not be sacrificed in order to secure fiscal space
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Newsletter 355 - 14/10/2022
draw away from the centre-right party the 2 or 3 percentage points that would be the difference.... This is rather tall order when inflation is eating up disposable income by a rate of 12 pct in September... than 2 million German and UK visitors, while the overall inbound travelers from the EU came to more
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Newsletter 373 - 10/03/2023
. If the elections are held on May 14 or 21 and a second vote is needed, this could be held on July 2... push this year’s growth to 2 pct, from 1.6 pct in the budget baseline. This could settle any fiscal... are closely monitoring in order to grant the investment grade. Aside from the tragic loss of life
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Parties give first hint of strategies in reaction to poll announcement
PoliticsGreek Politics. This step, which is expected to take place on May 2, will determine whether Ellines, the party of jailed... will be dissolved anew by May 31, and new elections declared for July 2. The second contest would take... with a smaller party in the first contest, the PM stated that repeat elections might be needed “in order
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Newsletter 407 - 12/01/2024
it says will restore some order to construction activity. The new plan was presented to ministers... of -7.8 points. Industry confidence dropped by 2 points to -5.7, while services, retail and construction...-on-month. The growth rate over the eleven months is at a modest 2 pct. The annual movement
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Newsletter 418 - 29/03/2024
attention in order for the GGBs to move up the rating scale. Questioning the government's narrative... costs across the EU, with the Greek figure rising by 1 euro to 15.7 euros/hour, also up by around 2... points, from -4.2 points in the previous month. The services index increased by 2 points to 39.2. Retail
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agorathe significant potential that we have, in particular when it comes to offshore wind [...]; but in order to do... are still going ahead[2]. Under the latest plans, the Alexandroupoli plant will be linked... 5, 2024). [2] The 2023 draft NECP in fact includes one additional gas-fired plant, increasing
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Newsletter 436 - 11/10/2024
in order to back the two candidates they felt provided a credible alternative to Prime Minister Kyriakos... above 2 pct of GDP and the new SGP rules that is designed to place caps on primary spending...-on-year (YoY). This is led by imports over the period rising by 2 pct, while exports remain
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University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
PoliticsGreek Politicsinvestigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday.... The Interior Ministry has denied that it provides voters’ contact information, while the chief...’s EP elections, but also because the suspicions of a data leak emerged within days of the Interior
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