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Newsletter 268 -09/10/2020
be jailed for between 5 and 10 years, which can be reduced to between 1 and 5 years or even suspended.... The total cost is 24.16 billion euros, 21.47 billion of which is allocated to 2020. The actual cash... will be just above 1 pct of GDP at 2.08 billion, recovering impressively from the 9.72 billion euros
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Newsletter 424 - 24/05/2024
just short of 15 billion euros, from the total 36 billion euros envelope. The 14.9 billion euros... to submitting the request for 1 billion euros of the fourth grant tranche. This is where the picture... slower pace. Out of the total of 7.6 billion euros in grants, just 3.45 billion euros has reached firms
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Newsletter 46 - 09/10/2015
identified in mid-August. The first set involves a total of eight relevant measures, of which the first sub-set relates to the: 1) adoption of a roadmap for the investment licensing reform, 2) establishment... to be implemented by 15 October to unlock the first subtranche of 2 billion euros incorporates a first
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ESM takes stock of Greece's sovereign vulnerability
EconomyProgrammeof indicators. The first indicator has the highest weight of 25 percent of the total score... indicator, a score of 1 to 4 is assigned in the ESM’s analysis. Specifically, if a country is among... the 25 percent worst-performers are assigned the score 1 (most vulnerable). To identify the cut-off
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When will Greek banks operate as credit institutions again?
Agora27 per cent between 2010 and Q3-2013.[1] But this apparent success story risks being undermined...-oriented to southeast Europe, including Greece, which is seeking a loan of 1 million euros from its local... sustainability of the country and could not come at a less opportune moment.[2] The second structural
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How SYRIZA says it will fund its economic policies
Economyprivate debt (2 billion) and the establishment of new banks (1 billion). However, the use of HFSF... of the outcome of upcoming negotiations with Greece’s eurozone partners. The total cost of the Thessaloniki... by the following four funding sources: 1) Utilization of the Hellenic Financial Stability Fund (HFSF) capital
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Newsletter 209 -07/06/2019
have an estimated impact of around 1 percent of GDP, or 1.8 billion euros, and is seen as being... to gain between 2 and 4 percent. Pulse RC also published two scenarios regarding how the seats... and not creating an extra 1 percent in fiscal space for growth-enhancing reforms of the tax system
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ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politics, the government is looking for 2 billion euros fiscal space so it can get back on track... for the property tax reduction and 1 billion to reduce social insurance contributions. However... these interventions. It will have to agree a primary surplus target of less than 2 pct of GDP next year
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agorathe original version of the document which was adopted as recently as 2019[1]. Like most facets... of its natural gas demand and 47 percent of its total energy needs with imports from Russia, making... in 2022, compared to 1 billion euros at pre-war prices. At EU level, the REPowerEU programme introduced
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Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln
EconomyMacroeconomyunderperformance in July revenues, which primarily stemmed from: 1) No receipt of SMP and ANF income of 1.46 billion. 2) Extension of submission of the personal income tax (PIT) declarations leading... 1 percent to 4.34 billion, marginally above target of 4.32 billion. Tax refunds dropped by 22.8
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