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Newsletter 328 - 18/02/2022
additional support measures. For now, all talk of large-scale interventions or handouts has been
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Govt moving ahead with social security fund overhaul despite opposition
PoliticsGreek PoliticsThe government passed on Thursday legislation that it argues will lead to a substantial overhaul of Greece’s much-troubled main social security fund, EFKA. There were, however, strong objections from the opposition parties. The bill passed with the support of MPs from the ruling New Democracy party
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Government focusses on security of energy supplies in light of Ukraine escalation
PoliticsGreek Politicsunder new leader Nikos Androulakis, emerging with 14.1 pct. KINAL appears to be drawing support from
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Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
EconomyProgrammelinked to the pandemic. Covid remains a short-term risk that could require additional support
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Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
EconomyMacroeconomyfor the month included support of 114 million euros to local governments where small and very small
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Govt mulls more tools against inflation as cost of living set to soar
PoliticsGreek Politics. The government is running out of fiscal space for further support measures. A revision of the budget expected
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Mitsotakis prepares to meet Erdogan as Greek ties with Russia collapse
PoliticsForeign Policyof its allies in western Europe. Ahead of the war, Athens provided support for Russia’s inclusion
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Parties pick from energy policy menu as EU response opens up more options
PoliticsGreek Politics, and is pushing for a relaxation of fiscal rules on defence expenditure which would allow more spending on support
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Hopes of EU providing immediate relief wane as economic challenges multiply
PoliticsGreek Politicsnot appear to have universal support among his EU counterparts. Athens was also hoping
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Budget primary balance up to Feb beats target by 1.09 bln on back of underspend
EconomyMacroeconomy. Pandemic-related spending for the month included the support of 148 million euros to local governments
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