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Mitsotakis pledges more help to tackle inflation, calls for EU price cap on natural gas
PoliticsGreek Politicsrisen above 2 euros per litre and household electricity bills were up by an average of 27 pct... the last couple of weeks, however, mean that the ruling conservatives will have to come up with a much... is also hoping that the EU will come up with an RRF-type solution to address spending on energy
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PM yields on energy windfall tax as govt feels strain
PoliticsGreek Politicsfor the ruling centre-right party fell to 27 pct from 28.5 pct in February. Support for SYRIZA edged up from 19.1... is handling this challenge. The economy is seen as the most important problem by 36 pct of respondents (up 4 points on February), followed by rising prices, which are worrying 29 pct of voters (up 5 points
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Inflation triggers political machinations, move to increase budget spending
PoliticsGreek Politicsthat make up a big part of what is in the shopping baskets of vulnerable households. It is not certain... party is up to 2.1 pct from 1.5 pct. When translated into projected election results, New Democracy... an economic conference this week that the next government may have to be made up of more than one
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Parties rehearse arguments on social policy as labour law comes to vote
PoliticsGreek Politics. The government’s “Jobs Again” bill comes to the vote in Parliament today in what is shaping up to be a major... is a shake-up of the state employment agency OAED and a broadening of its remit to cover more areas... to support affordable housing for the young. Among the options opened up by the organisation’s
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Changes to energy subsidies aimed at winning over middle class
PoliticsGreek Politicsbut could be held as early as this autumn, the centre-right leader stepped up the effort... the crisis began. The new subsidy scheme will be rolled out in July. The previous set-up will remain in place for May and June. Mitsotakis also announced that consumers would also receive up to a maximum
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Concerns about RRF growing as deadlines loom
PoliticsGreek PoliticsThere are growing concerns about whether the Greek government can keep up with the pace necessary.... Greece is in line to receive up to 17.77 billion in grants and 12.73 billion in loans as part of the RRF... he outlined end up being financed. He added that although large firms will have access to RRF
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Import price index posts record rise of 39.1 pct in Apr, driven by energy
EconomyMacroeconomyof 221.1 percent YoY, followed by manufacture of refined oil products up by 95.1 percent and extraction..., then capital goods up by 4.7 percent. The latest consumer price index released by ELSTAT last week captured the highest price rise since the mid-90s, up by 11.3 percent in May. The latest producer price
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Travel balance back to normal, but Apr C/A deficit of 1.62 bln impacted by goods deficit
EconomyMacroeconomybalance was a deficit of 11.71 billion euros, up from 6.97 billion euros up to April 2021. The oil... billion euros, from 5.7 billion euros in 2021. The travel balance up to April came to a surplus of 633 million euros, from just 18.4 million euros in 2021. Travel receipts were 1.12 billion euros, up
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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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