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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
3% -
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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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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New tax debt at 2.9 bln in May, rising by 340 mln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 340 million euros in May, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 2.9 billion euros, higher than the figure for the same period last year by 14.6 percent. New unpaid obligations from tax
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PM opts for compulsory vaccinations in healthcare as Covid-19 cases continue to surge
PoliticsGreek Politicsmore about his political survival than tackling the pandemic, and of using vaccination inducements
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