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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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Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct
EconomyMacroeconomy) in the last quarter (Q4) of 2021, from a downwards revised 2 percent in the third quarter (Q3... consumption rose by 2 percent, investments grew by 17.7 percent pct QoQ and exports also increased... in goods, offsetting the drop of 6 percent in imports of services. Compared to Q4 2020, all components
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Mitsotakis pledges more help to tackle inflation, calls for EU price cap on natural gas
PoliticsGreek Politicsrisen above 2 euros per litre and household electricity bills were up by an average of 27 pct... more comprehensive package to address the public’s concerns, despite having allocated around 2... that in a Pulse opinion poll for Skai TV last week, just 6 pct of respondents thought
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Newsletter 333 - 01/04/2022
to spend up to 2 billion more this year than initially envisioned in this year’s economic plan. Staikouras stressed that it is not certain that the full 2 billion euros will be spent. This move allows..., which could allow the scale to be lowered to 6 pct from 13. Also, lowering the excise tax on fuel
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Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
EconomyMacroeconomycurrent commitment is for a primary surplus of roughly 2 pct of GDP. Despite the fiscal laxity since... as Greece is scheduled to have a primary deficit of close to 2 pct of GDP this year, as the Ukraine... into a primary surplus of 1.5 pct, is a sizable fiscal adjustment of 3.5 pct of GDP, or more than 6 billion
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Lower trading income for NBG keeps net profits at 490 mln in H1
EconomyBankingwere virtually unchanged, standing at 1.9 billion euros at the end of H1, from 2 billion euros in Q1... for 2022 is 1.8 billion euros of NPEs and a ratio of 6 pct by the end of 2022, with coverage exceeding... cost in H1 was 1 basis point, from -2 basis points in Q1 this year Capital The CET1 ratio stands
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economyto come in the full year to 4.3 billion euros, or 2 pct of GDP, with the rest covered by the Energy... authorities as the fiscal commitments require turning this year’s 2 pct primary deficit into a surplus of 1 pct of GDP, a fiscal effort worth 6 billion euros.
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Rising contributions spark concern in key voter groups
PoliticsGreek Politicsand employees. New Democracy has targeted a 2 pct of GDP primary deficit this year and, for the time... a fiscal adjustment of around 6 billion euros, which means that the conservatives will have very limited..., but next year is projected to be below 2 pct, underlining the difficulty of the task facing
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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... lead to a third contest, the earliest date for which would be August 6. Strategies Given
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