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Mitsotakis pledges more help to tackle inflation, calls for EU price cap on natural gas
PoliticsGreek Politicsrisen above 2 euros per litre and household electricity bills were up by an average of 27 pct... more comprehensive package to address the public’s concerns, despite having allocated around 2
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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
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Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
PoliticsGreek Politicsestimates that the total cost of measures will more than double from 2 bln euros to between 4-5 bln... with the prevalence of the more transmissible Omicron 2 variant. Greece’s national vaccination committee
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Newsletter 332 - 18/03/2022
alarmed that unleaded fuel prices have risen above 2 euros/litre and heating oil has climbed to 1.6... increasing by 50 pct, natural gas prices higher by 100 dollars and a 2 percentage points rise
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Inflation triggers political machinations, move to increase budget spending
PoliticsGreek PoliticsThe government is set to submit a supplementary budget that will allow it to increase spending by as much as 2 billion euros compared to the initial budget for 2022, underlining the pressure that New... government spending ceiling by 2 billion euros, although it is not a given that the full amount
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Newsletter 333 - 01/04/2022
to spend up to 2 billion more this year than initially envisioned in this year’s economic plan. Staikouras stressed that it is not certain that the full 2 billion euros will be spent. This move allows
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IMF urges caution on public finances
Economystance that Greece should record a primary surplus of roughly 2 pct of GDP, which it sees being achieved by 2027. This will follow a deficit of less than 2 pct of GDP this year, contingent on the need
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Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
EconomyMacroeconomycurrent commitment is for a primary surplus of roughly 2 pct of GDP. Despite the fiscal laxity since... as Greece is scheduled to have a primary deficit of close to 2 pct of GDP this year, as the Ukraine
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Lower trading income for NBG keeps net profits at 490 mln in H1
EconomyBankingwere virtually unchanged, standing at 1.9 billion euros at the end of H1, from 2 billion euros in Q1... cost in H1 was 1 basis point, from -2 basis points in Q1 this year Capital The CET1 ratio stands
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Government claims tourism season a major success, opposition begs to differ
PoliticsGreek Politicsis preparing around 2 billion euros in interventions this autumn. This includes electricity and fuel..., but it appears that this will not involve the government shifting its 2 pct of GDP primary deficit
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