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Newsletter 275 -27/11/2020
conditions set out the RRF will provide a mechanism to channel funding directly toward achieving... from REACT-EU, taking the total EU flow to 5.51 billion euros. Private consumption is expected to grow by 3 pct in 2021, the recovery of investments is projected to be an impressive 23.2 pct growth
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Labour market developments in Greece during Covid-19
Agoraif the available total labour supply is rising or declining as a percent of the working-age population? ELSTAT once... 3 above. Here are its main takeaways: The deep downturn in real GDP during the euro crisis... declined. The sobering observation includes the acknowledgement that this development had already set
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PM announces extensive measures to build on recovery, counter inflation and put govt on track
PoliticsGreek PoliticsProjecting the message that “Greece is changing,” Prime Minister Kyriakos Mitsotakis set out.... The interventions - 24 in total - announced by Mitsotakis were in three key directions: Boosting the post-pandemic recovery, counter-acting inflation and appealing to young Greeks. The total fiscal impact
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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economyis expected this year, from the total of roughly 18 billion euros in grants and 13 billion euros... have managed to drop the NPE ratio down to 13 pct of the total stock of last year’s loans.... This is underpinned by an estimate of average growth up to 2025 of 3 pct. The stable outlook reflects
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Handling of energy crisis under fire as gas interruption tests supply security
PoliticsGreek Politicsmeasures, as an interruption of gas supplies from Russia is set to provide a first crash test... vouchers from 45 to 80 euros. The latest measure, which the government claims will benefit up to 3 million... the total to 580 million this year. The prime minister noted that 8 billion euros have been channelled
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Newsletter 343 - 24/06/2022
in 2019. The Finance Ministry has set aside 375 million euros for the latest measures, taking total... as the Fuel Pass. The latest initiative offers around 3 million Greeks the chance to claim up to 100... for the worst-case scenario of “a total loss of gas supplies from Russia”. On Monday it emerged that gas
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Newsletter 347 - 22/07/2022
TWh of natural gas (roughly 3 pct of annual consumption) in the neighbouring country at a cost of 300..., although it has a different set of criteria. The TPI is seen as having light conditionality as it does... billion euros, with cautious steps towards the 12 billion euros total debt plans that were communicated
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Government on mission to manage expectations in anticipation of tough winter
PoliticsGreek Politicsin a bid to prepare for the eventuality of a total interruption of natural gas supplies from Russia... authorities would be asked to take a set of measures to immediately reduce energy use, including switching off one in 10 street lights and turning off the illuminations on public monuments after 3 am
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Newsletter 362 - 09/12/2022
, Mitsotakis argued that the changes set out in the draft legislation were dictated by the need..., exports of services dropped QoQ by 3.4 pct, although they grew by 3 pct compared to last year. Overall, total exports were down by 3.3 pct QoQ, while total imports fell marginally by 0.3 pct. The Q3
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Annual debt strategy almost wrapped up with 5-year bond, at 3.92 pct yield
Economywith a yield of 3.92 pct. Following the inaugural 10-year issue of January that drew 3. 5 billion euros... that was the total plan for the year, unless a green bond is also issued later on in the year. The Public Debt... opportune moment for its next move that could complete the total debt strategy. The book opened
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