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Tax revenue overperformance in Sep confirmed, primary budget deficit at 5.96 bln
EconomyMacroeconomyinstalment of ENFIA property paid by the end of September being higher than expectations. Various VAT... million. Tax refunds came to 3.32 billion euros, lower than the target by 208 million euros. Expenditure
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Govt targets unvaccinated with new Covid restrictions, drawing more claims of muddled approach
PoliticsGreek Politicsor restaurant is much higher than in a church. The latest decision is in keeping with the government’s... in northern Greece because the vaccine uptake there is lower than in Athens as a result of that part
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Newsletter 315 - 05/11/2021
following the better-than-expected tourism season and the strong growth reported by ELSTAT... Accounting Office has estimated that this surge will add more than 150 million euros of spending
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Pandemic and pushback rows spark political clashes
PoliticsGreek PoliticsThe seemingly exponential rise in Covid cases, and all the knock-on effects this has, is making the pandemic a major political issue in Greece again. On Tuesday, Greece reported another record high in daily cases (8,613), which was more than 3,000 higher than the number recorded at the start
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Govt pleads with firms to absorb inflation as surveillance claims prompt calls for accountability
PoliticsGreek Politicsin an extra 1.1 billion euros of expenditure which has eaten into the fiscal space created by the higher-than...) and price hikes (60.7 pct), with crime coming a distant third (21.3 pct). More than half of those
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PM makes new bid to address Covid wave, speculation about restrictions
PoliticsGreek Politicslonger to overcome than Greek authorities initially anticipated. Opposition response SYRIZA discounted... and that Mitsotakis is more focussed on the communication around the pandemic than the actual attempts to contain
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Parties at odds over latest pandemic measures, way to tackle Covid wave
PoliticsGreek Politicsto deal with the pandemic via televised addresses rather than actual policies. He argued that the prime... hospitals which, he argued, are doing little else other than dealing with Covid patients. He cited
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Surprise handout announcement provokes storm of criticism from opposition
PoliticsGreek Politicsin their disposable income over the past two years than most of their fellow Europeans. The scope of the new.... The latest, carried out by Alco for Open TV, found that fewer than 1 in 5 respondents saw
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NBG profits up to 714 mln in 9M as NPE ratio is reduced further
EconomyBankingexited moratoria as of the end of last year and less than 4 pct as of November is in default, at 3... capital ratio reached 17 pct, comfortably exceeding the minimum regulatory levels by more than 6
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OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
Economythan double from the 2.1 pct of 2021, to 4.4 pct next year. Public finances will enter a recovery... by 6.9 pct this year and 4.5 pct in 2022. The OECD is also slightly more conservative than the European
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