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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economyand revenue impact on the Greek budget from the coronavirus. There is also the question of whether... available. The European Investment Bank has also proposed guaranteeing up to 200 billion euros of loans... of this budget has to come with some form of conditions. — Wopke Hoekstra (@WBHoekstra) April 8, 2020
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
EconomyBank create a pan-European guarantee fund of EUR 25 billion, which could support EUR 200 billion... of such a fund, including its relation to the EU budget, its sources of financing and on innovative financial... could fetch up to 2 billion euros. The Finance Ministry is in a tight spot as the budget is already
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Montenegro's vaccination adventure: Lord, bless us with good health
Agorain the elections. This brought about months of negotiations, delays (the 2021 budget has not been... of Health, over half a million vaccines will arrive in Montenegro in the coming period, approximately 200..., as far as the exact price is concerned, there is no information so far. The budget has not been
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IMF expects modest recovery, lingering debt but primary surplus to return swiftly
EconomyMacroeconomyFiscal Monitor the budget was seen in primary balance, which implies a 6-percentage point revision... and remains elevated at 210 pct in 2021, dropping to 200 pct next year and below 180 pct in 2026. All... one, issued by the Parliamentary Budget Office - to 4.2 pct, the latest estimate published this week
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PM banks on firms bouncing back after lockdown as SYRIZA decries immunity for Covid panel
PoliticsGreek Politicsbudget. Mitsotakis argued that Greece’s economy has not suffered significant permanent damage due... is also being extended into 2022. Reducing the tax advance and tax rates will cost the budget 900 million this year and will drop to 200 million annually from next year. The fiscal cost of lower social
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PM expected to reshuffle cabinet in bid to leave wildfire damage behind
PoliticsGreek Politicsin ENFIA property tax, the lowering of the corporate tax rate by 2 points to 22 pct (at a budget cost of 200 million euros), lower tax advance rates, keeping the low VAT for catering and tourism (at a cost... million). The interventions will be included in the draft budget in mid-October. Mitsotakis is also
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomylast year, coming to 33.08 billion euros. Expenditure for September fell by 200 million euros year... euros, bringing the total to 45.3 billion euros. The Public Investment Budget (PIB) balance came... preliminary budget this week for September that showed the primary balance recorded a deficit of 5.96
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Govt pleads with firms to absorb inflation as surveillance claims prompt calls for accountability
PoliticsGreek Politicsin passing on rising prices to consumers, as the latest budget figures show the gains from economic... relief and emergency subsidies on energy bills have created a 7.2-billion-euro budget deficit in the first ten months of the year, while borrowing has driven the debt ratio up to the region of 200 pct
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PM seeks to leave ICU controversy behind as Tsipras ups stakes with snap election call
PoliticsGreek Politicsleaders set out their position on Saturday, before the vote on the 2022 budget, which passed with the 158... his criticism on the budget, which he described as “conservative” and likely to lead many small... million euros. The tax credit extension is seen at 200 million and another 60 million comes from reduced
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Govt presents menu of energy proposals in Brussels as power subsidy cost balloons
PoliticsGreek Politicssubsidy programmes skyrockets, threatening to cut further into the budget. In August the government... to 0.15-0.17 euros per KWh. This means that the scheme will cost 337 euros per MWh compared to 200 euros... hinting that the rest may have to come from the regular budget. The wholesale electricity price
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