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Newsletter 301 - 18/06/2021
rather than empowering them, as the government argues. SYRIZA and third party KINAL promised
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Govt talks up benefits of pension reform as Delta variant concern grows
PoliticsGreek Politicsauthorities are alarmed by the rise of the Delta variant across Greece, although numbers are much lower than
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Budget primary deficit at 8.14 bln by end-May, almost 1 bln off target
EconomyMacroeconomyfor the first five months, lower than the target by 296 million euros. Tax refunds came to 1.64 billion
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Retail sales soar by 38.9 pct YoY in April, a year after first lockdown
EconomyMacroeconomysector and non-food sector excluding automotive fuel also up by more than 90 percent. The annual volume
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Catering and entertainment businesses chafe at vaccination status rules
PoliticsGreek Politicsthe additional earnings than be put in the uncomfortable position of having to turn customers away
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Alpha Bank buoyed by 800-mln-euro share capital raise
EconomyBankingin Greece was also well received by local institutional investors, while more than 10,000 private
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PM calls for step-up in jabs, tougher enforcement in response to rising infections
PoliticsGreek Politicsand his team are still publicly refusing to countenance any return to a lockdown, other than
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Measures set for a comeback as Covid cases climb
PoliticsGreek Politicsjob than did a year ago (27.7 pct compared to 22.7 pct), however the assessment of SYRIZA’s
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Flagship pension reform hits snag over transition cost
PoliticsGreek Politicsinsurance firm backed by a state guarantee, rather than the current redistributive system. Reports
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Impact of Delta variant hampers government's plans
PoliticsGreek Politicsthat made forecasts regarding growth of more than 5 pct predicated this upon a strong tourism season
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