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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyof total arrears. These two gg entities also recorded the highest rise in arrears year to date at 300... budget arrears increased by a modest 9 million MoM to 144 million (3.7 percent of total), while local governments’ arrears remained almost stable at 239 million (6.2 percent of total). In contrast
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Newsletter 339 - 27/05/2022
. The handout will be means-tested and only available to households with a total net annual income... significantly overperform.
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Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact
PoliticsForeign PolicyGerapetritis and Aguila Saleh, president of Libya’s Benghazi-based House of Representatives. The meeting formed part of Athens’ regular contacts with representatives of Libya’s de facto government... of Exclusive Economic Zones among Greece, Turkey, Libya, Egypt and Cyprus. During the meeting, Gerapetritis
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After signing EastMed pipeline pact, Athens aims to tackle Turkey challenge
PoliticsForeign Policymemoranda with the Tripoli-based government in Libya. Officials in Athens stress, however... following Turkey's intervention in Libya, the message to Ankara in the joint statement they issued... in Libya presents a dangerous threat to wider regional stability.” The statement also noted
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Quiet summer in Greek-Turkish relations not seen lasting
PoliticsForeign Policy, in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime.... Even though the meeting focused more on Turkey’s economic “return” to Libya for the country’s... from the international community. The political situation in Libya will remain fluid and it is quite
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomy. The outcome of tax audits on high wealth individuals showed collected taxes at 40.5 percent of total... temporary audits correspond to 73.9 percent of total. The full target is set at 65 percent, implying... increase in the cumulative debt reflects payments against ‘old’ debt, which amounted to 852 million so
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Travel balance increases by wide margin in June from last year's tourism collapse
EconomyMacroeconomy. Visitor numbers from these countries were negligible in June 2020. In total, arrivals from the EU 27... year. In total, arrivals showed a drop of 20.4 percent in the first half of the year and came... to 790.7 million euros for the month, increasing by 852 percent year-on-year (YoY). Travel payments
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Govt unveils affordable housing scheme, but struggles to shunt wiretapping aside
PoliticsGreek Politicsto benefit a total of 135,000 people. The scheme is designed to address a growing social problem... euros of EU funding to renovate properties that are currently lying empty so they can be rented
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Finance Ministry seeks solutions to address growing housing problem
Economyto housing, with a total budget of €6.5 billion. This allows interested parties to easily gather all... programmes, such as “My Home 1”, “My Home 2”, “Renovate - Rent”, the return of one month's rent every
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OECD warns young Greeks face deep structural barriers to work, family and housing
Societya major challenge. Greece’s total fertility rate has dropped from 2.4 in 1970 to just 1.2 children per... subsidised mortgages, and the Renovate‑Rent scheme to activate vacant properties. While demand‑side
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