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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammethat Greece will use some of its cash reserves that were built up per the Eurogroup agreement to service its debt obligations, which will draw the cash balance down to 12 billion euros by 2022. Based on those
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Athens holds fire on debt schemes, prepares tax relief measures
EconomyProgrammefor the repayment of the balance. The plan is for the platform, which will be hosted by the social security... is to reduce VAT in the food service sector from 24 to 13 percent. The government is also said
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingprofitable bank with a clean balance sheet and a paradigm for the sector regarding the quality of service and the modern management of its people, thus becoming the bank of choice in the Greek market
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Efforts to boost health system continue amid questions about govt strategy
PoliticsGreek Politicsvolunteers with medical, technical and administrative experience to support the core health service... a responsible opposition in such febrile times requires a delicate balance which not all have been able
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One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
EconomyFeatures534 companies. Research undertaken by startup service provider Found.ation traced around 2,000... no external funding at all. About three in 10 received private funding, with the balance raising money
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Under increasing domestic pressure, govt awaits EU signs for response to energy security threat
PoliticsGreek Politicscoming into Greece, with the balance being imported by state-controlled power company PPC and private... increased lignite extraction by 50 pct with a view to pressing its coal-burning units into service
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Govt turns attention to more relief measures in absence of snap polls
PoliticsGreek Politicsthe solidarity levy on pensions and civil service incomes at the end of the year, as well as increasing... a fiscal balance that will remain convincing not only to Greece’s European partners, even though
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Newsletter 346 - 15/07/2022
announced that he will scrap the solidarity levy on pensions and civil service incomes at the end... to weigh these handouts against maintaining a fiscal balance that will remain convincing not only to Greece
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PM brushes aside spying scandal, lowers expectations for handouts
PoliticsGreek Politicswill be needed next year if the energy crisis rolls on into 2023, as is expected. They will have to balance... to the New York Times. Since Mitsotakis has accepted that the National Intelligence Service (EYP) spied
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Scandal erodes support for ND, complicates path to elections
PoliticsGreek Politicsfiscal balance at risk. He said there would be “no return to the excesses of the past”. Under normal... believe that the PM had prior knowledge of the National Intelligence Service’s (EYP) operation to bug
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