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Newsletter 259 -24/07/2020
that visitors from Germany fell by 99.7 percent to around 1,400. Those from France were down by 100 percent with no arrivals registered in May. Visitors from the US, UK and Russia also fell by 100... and financial instruments totaling 1.58 billion euros, with approvals amounting to 743 million euros. 2
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Vaccination scheme gearing up as more jabs arrive, but some scepticism persists
PoliticsGreek Politicsanother 100 million doses from the manufacturer. Greece is also in line to receive 240,000 doses... to earlier announcements by the government, the plan is to administer up to 2 million doses a month once... it is “100% safe” and accusing the government of putting the public in danger by manipulating public
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societythey could go as high as 100 euros as demand increases over the winter. In the period January to July... decarbonisation goals with the alleviation of energy poverty. These include 100 million euros from the EU... transitory - namely the natural gas crunch which is expected to ease when the Nord Stream 2 pipeline comes
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Government tones down fiscal pledges as tighter framework starts to bite
EconomyMacroeconomy-standing commitment to primary surpluses above 2 pct of GDP for decades are catching up with the Greek... direction in less than 100 days, Hatzidakis is keen to ensure that there is no pressure within his party... reintroduction of the special consumption tax on fuel, at a cost of 100 million euros.
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Parliament Budget Office sees Greece heading for recession on back of uncertainty
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) has highlighted in its quarterly report the dangers for the Greek economy being cause by the current uncertainty. According to the body, elections, the ongoing... there will be a deal or rift with the institutions are all adding to the uncertainty. The budget office also
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Parliament's budget office stresses need for reform, protecting growth prospects
EconomyMacroeconomyThe need for adjustment to return to growth and the importance of implementing are among the key highlights of the quarterly report of the Parliamentary Budget Office (PBO). The third memorandum... budget, similar to those implemented in the previous crisis years, hamper growth prospects. The report
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Parliament's budget office sees obstacles to recovery, warns on private debt
EconomyMacroeconomyIn its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals. In particular... in its interim report published on October 19 that showed the 2017 draft budget is expected to have
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Parliament Budget Office welcomes deal, warns on economic prospects and reform implementation
EconomyMacroeconomyto capital markets, according to the Parliament Budget Office's (PBO) first quarter (Q1) report... it is sustainable and did not result from a growing economy. Pressure on the budget over the medium and long
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Budget primary surplus confirmed at 1.85 bln in January
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 1.85 billion euros in the first month of 2018, beating the forecast by 1.13 billion euros, the Finance Ministry (MoF) final budget execution bulletin revealed on Monday. The driving factor was a combination of a fall in expenditure and a rise
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As budget talks drag on, parties focus on inflicting damage via graft claims
PoliticsGreek Politicsnot lead to a firm decision regarding the 2019 draft budget that Greece submitted to the European... that the European Commission has not made any objections to the draft budget. Given, though, that talks
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