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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammeversion of the budget to Parliament at the end of the month. Finance Minister Euclid Tsakalotos... Income. An additional 50 million has been earmarked for winter heating payments to take the total budget for this subsidy to more than 100 million euros. Once the 2019 excess surplus has been agreed
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Parties vie for voters' attention as New Democracy prepares for congress
PoliticsGreek Politicsto a vote in Parliament’s full assembly on Tuesday, a day before MPs begin to debate the 2019 budget... and 100 euros. The government has also broadened the number of civil servants that will receive... to the period from January 1, 2015 to December 31, 2016 and will cost the state budget 8.8 million euros
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Newsletter 205 -10/05/2019
of a bonus. Those earning pensions of up to 500 euros would receive an amount equal to 100 percent... investment budget. Overall, gross fixed capital formation declined by 12.2 percent last year and is seen.... The main downside risk is seen as coming from repeated under spending of the public investment budget
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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgramme, Greece is due to send its draft 2020 budget to the European Commission by September 15. Earlier... of a consistent under-execution of the budget. Both of these issues will have to be addressed promptly..., saving Greece more than 100 million euros in interest payments. However, official requests need
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Newsletter 211 -21/06/2019
of Finance reported this week that the preliminary budget primary balance recorded a surplus of 918... “Compensation of Employees”. On an annual basis, state budget expenditure was higher in the 2019... during the month The composition of Eurosystem funding for May revealed that ECB funding made up 100
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Newsletter 212 -28/06/2019
The budget primary balance recorded a surplus of 916 million euros in the first five months of 2019, compared to a surplus of 853 million noted in May 2018, the Finance Ministry’s (MoF) final budget.... As of June’s reading, the index has remained above 100 points for five consecutive months. Compared
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The main economic challenges that will define the Mitsotakis reign
Agora-election pledges. Mitsotakis is banking on higher growth to boost budget revenues and hopes that through..., it will take time for this to be reflected in the budget and it is highly unlikely that any eurozone... from over 100 billion at their peak and there is now a full framework in place to manage distressed
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Newsletter 219 -13/09/2019
in the 2020 budget being drafted by the Finance Ministry. One of the most significant interventions... onwards to adopt these measures. The Finance Ministry is due to submit the draft 2020 budget... will have a fiscal impact of 100 million euros. Reducing the introductory income tax rate from 22
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
Economyof a temporary instrument, known as SURE, by the European Commission to provide loans totalling up to 100... 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
Agorainhabitants. When the number of hospitalized persons per 100 thousand citizens is taken into account... in the elections. This brought about months of negotiations, delays (the 2021 budget has not been..., as far as the exact price is concerned, there is no information so far. The budget has not been
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