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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsthat mean there can only be one customer for every 2 square metres and no more than six people in total... of the authorities a series of measures needed, led by reducing VAT in the catering industry to 6 pct... being allocated to Greece. Athens believes this could be converted into a 1.5 to 2 pct annual boost
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Newsletter 252 -29/05/2020
plank of SYRIZA’s plan is an emergency minimum income payment to almost 2 million qualifying households... funding. BoG’s range of forecasts for this year is 4.5 to 9.5 pct, with 6 pct recession being... testing them when they arrive. ” 2 Primary balance at deficit of 1.52 bln April figure shows
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Newsletter 257 -07/07/2020
. The recovery was also revised downward by a substantial 1.9 percentage points, from 7.9 pct to 6 percent... impact of 2 billion, taking the total to date to 14-15 billion euros, which rises to The EC’s forecast... but only 0.1 percent of total debtors. 2 Employment balance positive by 37,568 in June Unexpected
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Newsletter 260 -31/07/2020
decisions. The NAVTEX is valid until August 2, which means that Greece will remain on high alert... pct of GDP, on the back of 6 pct of GDP fiscal measures to prop up the economy. The deficit is seen..., but this by no means suggests that they returned to pre-crisis levels. 2 Primary balance at deficit
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Apartment prices rise by 4.1 pct in Q2
EconomyMacroeconomytheir prices increase by 3.2 percent in Q2 versus a downward revised increase of 6 percent in Q1. New... an increase of 2 percent in 2018. Apartments over 5 years old saw prices increase by 6.9 in 2019, against..., and by 2 percent in other areas of Greece during Q2. For the whole of 2019, based on revised data
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Piraeus announces transformation plan amid 2020 loss of 662 mln
EconomyBankingNPE reduction in 2020, including write-offs, was around 2 billion euros in last year, bringing... fee and commission income increased by 6 percent quarter-on-quarter (QoQ) to 85 million euros. In 2020..., as well as Sunrise 2, with a gross book value of 4 billion euros, will bring the cumulative
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Stability Programme reflects subdued expectations for 2021, high hopes for 2022 onwards
EconomyMacroeconomyrunning into May. The headline budget figure for 2021 has been revised down by 6 percentage points... is 27.9 billion euros, 11.6 billion last year, 14.3 billion this year and 2 billion euros in 2022...-pandemic surveillance commitments with surpluses of 2 pct and 2.9 pct in 2023 and 2024
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Newsletter 296 - 14/05/2021
by 4.1 this year and 6 pct in 2022, compared to 3.5 and 5 pct respectively in the Winter Forecasts... rate by 2 pct points. The deficit is seen dropping significantly to 3.2 pct of GDP by 2022. After... households. Ongoing legal challenges regarding previous reforms remain a risk. 2 CPI falls by 0.3 pct YoY
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Government U-turns again to tighten Covid measures over Christmas
PoliticsGreek Politicshours earlier. The new measures, which come into effect at 6 am on Friday and remain in place until January 2, include a return of the mask mandate in all public spaces, with double masks or high... to the country will be required to take diagnostic tests on days 2 and 4. The minister added
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Mitsotakis targets inflation on path to elections in 2023
PoliticsGreek Politicsto move ahead quickly with the minimum wage increase, after the first instalment of 2 pct on Jan 1... popularity than the pandemic. The 2 pct increase at the beginning of the year took the gross monthly... will be, although the local media speculated that it could reach as much as 6 pct, taking the basic
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