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Newsletter 255 -26/06/2020
in advance of the decision, as the common consensus is that the CoS ruling will cover back pay.... The hotel workers’ association on Rhodes, for instance, estimates that up to 40,000 workers... businesses tackle liquidity difficulties. It is estimated that 1.4 billion euros will be returned
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Short-term fix for electricity bills leaves open questions for green transition strategy
Society. A 150-million-euro “energy transition” fund has been announced to pay for the scheme from October until... permits will have to be met at a significantly higher price. PPC’s own estimates put the emissions from... an estimated 330 million euros to the total cost of electricity consumed by low voltage customers over
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Newsletter 336 - 06/05/2022
and businesses from having their electricity cut off if they are unable to pay their bills because of the so... and 160/MWh euros for commercial users. This would, according to estimates, halve the bills compared... “bazooka,” estimated at another 2.5 billion euros, in advance of any EU decision at the end of May
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Newsletter 410 - 02/02/2024
is experiencing short supply, purchases would be dominated by foreign buyers with deep pockets willing to pay... for the best part of a decade. In a study this week, Piraeus Bank estimates that during the crisis some 197,000 new households were created, against an estimated 155,000 new properties built in the 2012
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Newsletter 433 - 13/09/2024
generous retirement pay compared to their contributions. As we argued recently, the new fiscal rules... pct in 2024, again below the recent government estimates, to 2.3 pct next year, 2 pct in 2026... group. It is estimated that 17 of SYRIZA’s 35 MPs are loyal to Kasselakis. Former parliamentary
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Government tables 2025 budget, seeing stable growth, solid public finances and lower debt
EconomyMacroeconomyon the spending side are 1.07 billion euros from reforming the pay scale in the public sector and 822 million...’ estimates that never materialised. Investment is seen growing by 8.4 percent, from 6.7 percent rise... percent, at 0.6 percent of GDP in 2025, from 0.7 percent this year. Interest payments are estimated
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Government unveils 2.5 bln plan to avert water shortages, prompts opposition pushback
PoliticsGreek Politicsthrough labour and pay flexibilities, and unlock a 2.5 bln investment programme focused on seven... hurdles are immediate. The projected 2.5 bln outlay — and broader estimates of more than 10 bln... in recent years, and Greek authorities previously estimated large long‑term deficits without
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The numbers behind Greece's reform proposals
EconomyProgrammeinstalment schemes to discriminate efficiently between strategic defaulters and those unable to pay... Minister Dimitris Mardas said that the estimated revenues from fuel and tobacco products’ smuggling... obligations to banks. The cost of capital for this entity was estimated by SYRIZA at 2 billion euros
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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammethere is a strong possibility that it will try to find a way by which it will not have to pay out the money... unconstitutional the pension cuts imposed in 2012. This is estimated up to 2 percent of GDP or 3.7 billion... of a new tax of 0.05 euros per column in OPAP games as of the beginning of 2016 with estimated
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Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgrammeMinistry (MoF) downward revised its previous GDP growth estimate for 2017 from 2.7 percent to 1.8... growth of 2.4 percent, which is seen as an optimistic estimate. The HFC also noted that the medium-term... landing at 18.1 percent in 2021. Fiscal estimates The primary surplus is estimated to exceed fiscal
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