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Implementation snags hang over ambitious post-Covid recovery plans
PoliticsGreek Politicsas more key to economic recovery than ever in light of record inflation and uncertainty over... to have lost 1.2 ppts since April, with smaller parties making marginal gains. More than half
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Resilience evident in Apr budget execution data as taxes beat target by 1.79 bln
EconomyMacroeconomy2021. The overall balance is better than the target by 1.65 billion euros. Revenues Net revenues... the target by 638 million. PIB expenditure came to 2.56 billion euros, higher than the target by 728
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Mitsotakis underlines geopolitical and ideological links between Greece and US
PoliticsGreek Politicsare threatened from within rather than by authoritarian regimes. He also called on the US to continue... forthright in his criticism of Russia and Vladimir Putin than Greece’s neighbour, accusing Mitsotakis
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New energy subsidy scheme nearing launch as public remains sceptical
PoliticsGreek Politicsnet annual income of less than 45,000 euros. The rollout of this programme was trailed in a recent... to be fought over day-to-day issues such as energy costs rather than foreign policy. ND has a distinct
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Media freedom concerns continue to bedevil Mitsotakis govt as EC takes note
PoliticsGreek Politicsquestions such as the criteria used to distribute more than 100 million euros of funds for public... understandably, Economou was less dismissive of the Commissioner’s concerns than he has been of domestic
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Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
PoliticsGreek Politicsthat voters consider the cost-of-living a more serious concern than any other challenge... that the conservative administration’s record of handling migration has been much better than the government led
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OECD lowers 2022 growth forecast to 2.8 pct as challenges mount
EconomyMacroeconomy. Monetary conditions are also tightening for Greece, to a greater extent than other member states... is smaller than was envisaged at the end of 2021 due to some 5.4 billion euros, 2.7 pct of GDP, of energy
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Budget primary balance to May beats target by wide margin, taxes continue to outperform
EconomyMacroeconomyin May 2021. The overall balance is better than the target by 2.44 billion euros. Revenues Net revenues..., higher than the target by 780 million euros. Overall, the PIB balance landed at a deficit of roughly 2
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Quarterly unemployment rises to 13.8 pct in Q1, reflecting off season for tourism
EconomyMacroeconomywas in the Peloponnese at 10.4 percent. The number of long-term unemployed (more than 1 year) came..., 174,300, has not worked for more than four years. Most of the employed are working as employees
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Newsletter 342 - 17/06/2022
surpluses of more than 2 pct of GDP from next year and for a period of four decades, although...-on-year by more than 400,000. Total employment stayed above the 4-million mark. The number of unemployed
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