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  1. PM pledges more support as he seeks to resist inflation, pandemic threats
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    that the rise would be much higher than the 2 percent increase adopted on January 1. Nevertheless, Mitsotakis... is expected to announce on Tuesday the highest inflation data in Greece since 1997, above 6 pct

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  2. One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    a valuation of 2 billion USD for Viva Wallet, making it Greece’s first official “unicorn” – a company... Federation of Enterprises (SEV) values the Greek startup universe collectively at around 6 billion

    22%
  3. How economic sanctions on Russia could affect Greek economy
    Photo via https://flic.kr/p/2jZpzLo

    Agora

    billion euros. In 2019, it fell to below half a billion euros, or 2 pct of total takings, while... of Migration, around 6 pct of the total. The monetary value of Golden Visa investments is not disclosed

    22%
  4. PM goes big on minimum wage increase, but opposition unmoved
    Photo by MacroPolis

    PoliticsGreek Politics

    euros. The prime minister said that in addition to the 2 pct raise which came into effect in January... in the bargaining process, submitted a report with proposals ranging from 4 to 6 pct. KEPE noted

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  5. Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
    Photo by EC - Audiovisual Service

    EconomyProgramme

    that a significant fiscal effort is needed to move from a primary deficit in the region of 2 pct... of close to 6 billion euros and it is not a given that the majority of this will be achieved simply

    22%
  6. Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
    Photo via https://flic.kr/p/GG7K6F

    PoliticsGreek Politics

    to the ultra-low rate of 6 pct, which would cost 100 million euros. There is also continued talk of reducing... officials have been very open about their concerns regarding hitting this year’s public deficit goal of 2

    22%
  7. Unveiling of relief package imminent as electoral law speculation is revived
    Image: https://flic.kr/p/22EqL7F

    PoliticsGreek Politics

    budget deficit to 2 pct of GDP this year and turn that into a 1 pct of GDP primary surplus next year. This will require a fiscal adjustment of 6 billion euros, a significant amount, in 2023. So

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  8. Newsletter 350 - 09/09/2022

    Newsletters

    of the measures. The government is still aiming to trim the primary budget deficit to 2 pct of GDP... adjustment of 6 billion euros, a significant amount, in 2023. So, conservative officials are well

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  9. Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    growing by over 2 pct. The difference in macro projections leads also to deviating views on the fiscal.... It has a benign debt profile, despite rising yields the interest bill as part of revenue is at 6 pct

    22%
  10. Newsletter 356 - 21/10/2022

    Newsletters

    . Only 6 pct say the government should continue its policy of handouts. The poll numbers confirm... environment that could reach 2 billion euros as all loan rates are hiked and banks have enough liquidity

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