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Newsletter 247 -10/04/2020
the economy. Speaking on Skai TV on Sunday, Finance Minister Christos Staikouras said that he believes... and the relevant restrictions is not felt as deeply in Q3 as it is in Q2. The Finance Ministry is reportedly..., the Finance Ministry is exploring significant tax relief measures but that will depend
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Greece clinches attractive yield for 7-year bond amid testing conditions, diminished interest
Economybut for entirely different purposes as the pandemic brought the finance ministers and the debt managers back..., the Finance Ministry can take some comfort from the new issue, as it managed to get yields close... and by a newly-elected administration that was portraying itself as more business-friendly. A Finance
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Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
EconomyThe Greek Finance Ministry published on Sunday night the Stability Programme for 2020... to the pandemic impact will cover 2020 and 2021 per the European Commission’s guidance. The Finance Ministry.... According to the Finance Ministry’s baseline scenario, the economy is expected to contract by 4.7
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Parties jostle over economic data, public still backs ND approach on pandemic
PoliticsGreek Politicsbefore the pandemic had even arrived,” said former finance minister Euclid Tsakalotos. They also... between Greece and global supply chains. Either way, the Finance Ministry is braced for worse figures in the coming months. Speaking to the media on Thursday, Finance Minister Christos Staikouras said he
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Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Monday the draft budget for 2021 in which the Greek... of the economic damage would have been recovered relatively swiftly. Macro The Finance Ministry..., the Finance Ministry expects the third quarter to drop by circa 10 pct on an annual basis in the third quarter
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Newsletter 268 -09/10/2020
at 5.49 bln in August The Finance Ministry tabled in Parliament on Monday the draft budget for 2021... to cushion the pandemic’s impact. The Finance Ministry expects this year’s recession at 8.2 pct... of 15.2 pct in the second quarter of the year, the Finance Ministry expects the third quarter
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New bid to curb Covid-19 raises demand for more economic support
PoliticsGreek Politics. According to a report in Naftemporiki newspaper on Friday, the Finance Ministry is set to redesign.... Naftemporiki also reports that according to the Finance Ministry estimates, support to the real... and TEPIX II. In the draft budget, the Finance Ministry puts the total fiscal impact of the support
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Newsletter 278 -14/12/2020
by the pandemic. A report in Kathimerini citing Finance Ministry data suggested that eight in 10 companies... contracting by 10 pct this year, broadly in line with the Finance Ministry’s estimates included... government primary balance is expected at 7.3 pct of GDP, in line with Finance Ministry estimates
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Government rolls out red carpet to lure private wealth to Greece
EconomyFeaturesor footloose individuals to put down roots. In its latest initiative, the Finance Ministry this week... frameworks. The Finance Ministry stressed that the set-up, which will also apply to current Greek..., the Finance Ministry heralded the move as the latest initiative in a series of steps it has taken
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Stability Programme reflects subdued expectations for 2021, high hopes for 2022 onwards
EconomyMacroeconomyin the document sent last week are in line with those recently presented by Finance Minister Christos... had a significant impact on budget developments as the ministry had to finance support measures.... For next year, the Finance Ministry expects significant improvement towards a roughly balanced primary
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