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Newsletter 349 - 02/09/2022
prices soared during the summer, following Russia’s drip-feed approach to natural gas supplies to Europe. Since electricity wholesale prices are closely tied to natural gas, the Greek scheme quickly
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PM sets out winter relief measures, rules out change to electoral law
PoliticsGreek Politicshandling of the pandemic, the insrumentalisation of migration flows by Turkey, as well as natural disasters... on the pandemic, displaying the usual operational shortcomings in dealing with natural disasters, being unable
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Opposition lambasts Mitsotakis over support package, accuses PM of election scaremongering
PoliticsGreek Politicsto switch away from natural gas, which has become the most expensive energy source, and electricity, which is highly dependent on natural gas. The minister noted that out of the 2.9 billion euros
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PM heads north to rally voters ahead of tough winter
PoliticsGreek Politicsbills, as well as for natural gas and petrol. The government is on course to have spent more than 13... third highest when it comes to spending on natural gas. These figures help to underline why
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Newsletter 355 - 14/10/2022
that the government’s failure to provide evidence to back up the “natural security” reasons invoked... and natural gas shot up by 332 pct. Heating oil also moved strongly with a rise of 65.1 pct
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Athens content with Scholz's first visit, looks for US backing on Libya
PoliticsForeign Policyleaders, has been seeking an EU price cap on natural gas. At the recent EU Council, the leaders did... as well as the operation of a second natural gas pipeline from Greece to North Macedonia. All
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CPI growth slows to 8.5 pct as electricity prices record rare 5.3 pct YoY fall
EconomyMacroeconomy-alcoholic beverages, a 4.8 percent rise in housing mainly due to rents, natural gas and heating oil... that was down 5.3 percent annually, while natural gas shot up by 27.8.4 percent. Heating oil also moved
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CPI moderates further to 7.2 pct in Dec, food prices soar by 15.5 pct
EconomyMacroeconomyrise in housing mainly due to rents, natural gas, and heating oil, though this was partially offset... in December in electricity that was down 8.8 percent annually, while natural gas shot up by 50 percent
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Newsletter 370 - 17/02/2023
an alliance with ND are either motivated by the idea of getting back into power, which was PASOK’s natural... by 15.4 pct in January, while natural gas rose by 24.7 pct. Food inflation was captured in the rise
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Macroeconomic fundamentals for Greece
Agorareferred to as the “Natural Rate of Unemployment.” When the cycle is weak (strong) and unemployment high...). This is the estimate we use for Greece’s Natural Rate of Unemployment, reflecting reforms that were made during
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