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Newsletter 327 - 11/02/2022
virtually all the fiscal space has been taken up by the recent reduction to the ENFIA property tax... growth up to 8.5 pct. The additional fiscal space created last year has been used up for another... to 4 billion euros. It is not clear how much of this gap will be closed by the economy picking up
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Newsletter 331 - 11/03/2022
suggestion, Athens is also hoping that the EU will come up with an RRF-type solution, possibly in the form of a Eurobond, to address spending on energy and defence, which would free up some room... euros per litre and household electricity bills were up by an average of 27 pct in February compared
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PM unveils 1.1-billion-euro anti-inflation package to opposition scepticism
PoliticsGreek Politics. Subsidies on electricity bills will go up from 40 euros in March to 72 euros in April, while qualifying... to receive a one-off bonus payment in the lead-up to Easter. The government will also pay out 110 million euros to small businesses towards covering energy price increases up until April and will double
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Newsletter 334 - 08/04/2022
drive to draw up a “Plan B” addressing the supply issues caused by recent geopolitical developments... its capacity with the addition of a floating storage unit. Revithoussa can presently store up..., growth is suppressed to 2.2 pct and inflation shoots up to 11 pct, on the back of the price of oil
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Newsletter 343 - 24/06/2022
Mitsotakis calling snap elections appeared to shoot up this week as he announced more measures aimed... as the Fuel Pass. The latest initiative offers around 3 million Greeks the chance to claim up to 100... to begin preparations, which include appointing a panel to draw up the candidate lists. Former
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Parties get into campaign mode as ND mulls possible election dates
PoliticsGreek Politicsare believed to be weighing up potential election dates, as the speculation about early polls seems to have... without catastrophic wildfires, open hostilities with Turkey or a flare-up in the pandemic, while it would also be helped by an expected 1 billion euros in revenues from what is shaping up to be a bumper
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Producer price index quickens pace in Oct with 8.1 pct monthly rise
EconomyMacroeconomyGreece’s Producer Price Index (PPI) growth picked up pace again in October, rising by 35.4 percent.... The index was in negative territory for most of 2020, and up until March 2021, when it grew annually... sold in the domestic market reached 36 percent annually, led by electricity and gas up 67.5 percent
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Election campaign moves into gear, opinion poll data still equivocal
PoliticsGreek PoliticsThe campaign for the May 21 elections is heating up as party leaders zip around the country to drum up support and the government exchanges increasingly harsh words with the opposition. Meanwhile... to 48 pct. The second highest response was corruption and transparency issues, which were up nine
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Newsletter 401 - 10/11/2023
than 1 point behind them at 12.7 percent, up from 11.8 percent in September. Communist party KKE has also picked up a point, rising from 7.6 to 8.6 percent. Kyriakos Mitsotakis continues to be the most... line of the four systemic lenders up to September came close to 3 billion euros, suggesting
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Newsletter 403 - 24/11/2023
sustainability. The Finance Ministry sees growth of 2.9 pct in 2024, up from 2.4 pct this year. Once... that there is a big investment gap in Greece – a legacy of the debt crisis - and the pent-up activity will respond..., as the Finance Ministry sees total revenues at 68.38 billion euros, up from 65.2 billion euros
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