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Handling of energy crisis under fire as gas interruption tests supply security
PoliticsGreek Politicsvouchers from 45 to 80 euros. The latest measure, which the government claims will benefit up to 3 million... up supplies in storage. The company noted that alternative gas supplies via the TAP pipeline and LNG... of draft legislation aimed at addressing gaps and weaknesses in the existing framework and speed up
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Newsletter 344 - 01/07/2022
well above their targets, primarily due to taxes. Net revenues for the period up to May came... this autumn. Opposition parties are speeding up the process of drawing up their candidate lists... on Monday morning. Major changes are expected in the third party’s lists as well, given the shake-up
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Flashpoints fuel contest for centrist voters
PoliticsGreek Politicsresistance to the 1967-74 junta in Greece and that a “myth” had been built up around the uprising..., and appealed to those representing the “popular right” within the party to speak up. The issue of resistance to the dictatorship does crop up from time to time in the political debate but it usually
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Despite improvement in services, goods tip current account to deep deficit of 2 bln in May
EconomyMacroeconomyof 14.95 billion euros, up from 8.78 billion euros up to May 2021. The oil deficit has increased... 7.36 billion euros in 2021. The travel balance up to May came to a surplus of 1.76 billion euros, from just 163.1 million euros in 2021. Travel receipts were 2.51 billion euros, up from 387.2 million
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Fires continue to test capabilities and spark political confrontation
PoliticsGreek Politicsand the fire was edging through built-up areas. They suggested that there had been a marked improvement... to Climate Crisis and Civil Protection Minister Christos Stylianides, who took up the newly created... over the fact that his government has been unable to live up to the standards he claimed it would set
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PM pledges another billion for energy bills as govt retreats over environment bill
PoliticsGreek Politicsto Mitsotakis, this will help the authorities absorb up to 90 pct of energy cost increases, via... with the amounts they received. Roughly a quarter of questioned said they were given up to 17 euros and just 8 pct got the maximum of up to 600 euros. This data appears to justify the complaints made
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ND faces fiscal balancing act and more challenges over spying scandal
PoliticsGreek Politicswill announce another “inflation cheque,” which will result in households receiving a stipend of up... Syntakton. New Democracy’s rating remains at 31, while SYRIZA’s has edged up half a point to 25.5. PASOK... sought to turn up the heat on Monday, when several SYRIZA MPs submitted a question to Parliament
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Business transformation brings profit of 243 mln euros for Alpha Bank in H1
EconomyBankingtransformation, higher impairments and transactions related to the balance sheet clean up. Core pre... of the balance sheet clean-up - which consisted of the Project Galaxy securitisation... million euros in Q2, up by 7 percent QoQ. The net interest margin was 1.6 percent in H1. Net fee
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PM prepares response as pressure over spying scandal mounts
PoliticsGreek PoliticsAndroulakis in the run-up to him taking over at the helm of the centre-left party, has added fuel.... The opposition’s argument that ND is attempting to cover up a major scandal, and the involvement of top... for a parliamentary inquiry into the spying affair as the opposition looks to ratchet up the pressure on Mitsotakis
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Where is Odysseus? Part 6 - Potential real GDP
Agorabehind in the past with productivity performance, will catch up to the better performing countries... good economic results. Thus, when in doubt, the forecast will be nudged up, not down, because... of “talking things up,” no matter what party is in office. If the EU Commission presents a rather favorable
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