Search
-
PM looking to build on RRF approval to augment profile as moderniser
PoliticsGreek Politicsthat this amount could add a cumulative 7 percentage points to Greek GDP by 2026. The European Commission has indicated that it expects 1 percent of GDP to be added this year, 2 percent next year and 2.5... 2.3 billion in grants and close to 2 billion in loans) to be made in July, with close to 8 billion
13% -
Newsletter 323 - 14/01/2022
was raised by 2 pct on January 1 and the conservatives had promised a second increase at some point... a primary surplus worth over 2 pct of GDP for the period up to 2060. For 2022, after two years of running primary deficits of over 7 pct of GDP due to the pandemic impact and support spending, Greece has
13% -
Newsletter 325 - 28/01/2022
of close to 2 pct of GDP the following year, some serious fiscal effort - as much as 7 billion euros... sector incomes, at 799 million euros; and some reduced VAT rates for a total tax reduction of 2
13% -
Inflation to persist, creating more economic policy challenges
EconomyMacroeconomyMinister Christos Staikouras admitted that average inflation in 2022 will range between 1.5 and 2... as fuel prices, also thanks to the heavy tax wedge, are approaching 2 euros per litre in gas stations even... to circa 1 pct of GDP, from roughly 7 pct last year. The latest package announced for energy subsidies
13% -
Govt readies additional inflation relief package, draws up new budget
PoliticsGreek Politicsinvasion. Officials are also alarmed that unleaded fuel prices have risen above 2 euros/litre... is working on macro scenarios that up to 2 percentage points being shaved off the GDP growth of 4.5... assumes a protracted conflict, is 7 pct, Naftemporiki reports. Most of the damage to growth
13% -
Newsletter 332 - 18/03/2022
alarmed that unleaded fuel prices have risen above 2 euros/litre and heating oil has climbed to 1.6... and the inflation impact was already anchored at nearly 7 pct for HICP. In the updated benign... increasing by 50 pct, natural gas prices higher by 100 dollars and a 2 percentage points rise
13% -
Newsletter 379 - 05/05/2023
Greek Solution, while 20 pct are expected to back 2 smaller far-right parties. Just 4 pct say... public spending on health to 7 percent of GDP, and education to 5 percent of GDP. The SYRIZA... growth is more subdued at 2 pct in 2024 and 2025, while investments are expected to grow by 9.7
13% -
Newsletter 389 - 14/07/2023
an exchange of two bonds that matured in 2024 and 2025 worth 1.5 billion euros and 2 billion euros of a new... from the UK and Greece. The 2 billion euros will go towards the reserves that will be used to prepay the GLF loans. When combined with the bond exchange, Greece will have cleared some 7 billion euros
13% -
Newsletter 394 - 22/09/2023
year, to roughly 7 billion euros. Although the oil deficit up to July was over 2 billion euros lower... pct of GDP this year and double above 2 pct of GDP in 2024 Athens is in a tight fiscal framework
13% -
Newsletter 397 - 13/10/2023
. In the publication of its latest World Economic Outlook, the Fund sees the Greek economy growing by 2 pct... food is adding close to 2 points to the CPI. There is also some concern about the monthly movement... supply falling by 7 pct, while mining was up by 13.3 pct. Water supply rose by 2.3 pct
13%