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Can the Green Transition be just?
Agora, has made significant progress (Figure 3). In 2021, emissions from thermal plants that produce..., leading to a significant drop in emissions. Figure 3: The evolution of emissions from the electricity... for a longer period. Secondly, and more importantly, this model based on subsidy policies does
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Coalition hopeful on pensions, looks to maximise impact of limited relief measures
PoliticsGreek Politicsthe green light. Until now, the December 3 Eurogroup was seen as the most likely meeting at which Athens... government more than one on December 3 as the final version of the budget has to be submitted... of ENFIA property tax, a new rent subsidy scheme, the reduction of social security contributions
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Second post-MoU review set to begin as Athens eyes return to bond markets
EconomyProgrammefalling yields for 5-year notes, which reached close to 3 percent last week, have apparently swayed things. Reports suggest that the PDMA will be aiming to raise anywhere between 1.5 and 3 billion euros... of the loan compared to the objective value of the property. The state subsidy is expected to cover
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S&P keeps rating at 'B+' and highlights obstacles to competitiveness
EconomyFitch’s rating, which stands at ‘BB-‘. This is 3 notches away from investment grade. The other two..., according to S&P GDP growth is unlikely to exceed 3 percent on a sustained basis, constrained by those... and accelerate settlements, which could benefit from a state subsidy on mortgage instalments, subject
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Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
EconomyMacroeconomyand 263 million respectively. PIB For the aggregate period, PIB revenues came just short of 3 billion..., overshooting the target by 2.29 billion. Overall, the PIB balance landed on a deficit of close to 3 billion... advances back to firms cost the budget 864 million euros, and the special subsidy to cover lower
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Defence spending, economic support plans dominate PM's policy speech
PoliticsGreek Politicsjobs, many of which had been trailed for weeks in the local media. The key interventions include a 3... suggested that the new support measures require 3 billion euros, which is the same amount that Greece... of the Syn-Ergasia job subsidy scheme until the end of the year, another round of tax pre-payment refunds
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Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek Politicsclimbing to 200 pct. The primary deficit will be at 3 pct of GDP, and the general government deficit... already, such as the 3 percentage point reduction in social insurance contributions and the suspension... subsidy programme, to avoid a new wave of bad loans. Furthermore, the government is expected
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Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
EconomyMacroeconomythe total EU flow to 5.51 billion euros. Private consumption is expected to grow by 3 pct in 2021... interventions include the reduction of social insurance by 3 percentage points, which will have a fiscal... million; and the subsidy of mortgage payments for the Bridge programme, which has a 280 million euros
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Newsletter 318 - 26/11/2021
to 1.1 pct up to 2029 and rises to 3 pct in the following decades. Based on those baseline assumptions... the baseline yields. The low growth scenario sees nominal GDP at 3 pct in the 2030-2060 period, down by 0.5... energy subsidy in order to keep up with escalating price rises, while also accusing him of selling off
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Newsletter 335 - 15/04/2022
noted on TV yesterday that growth estimates are also revised to 3 pct, down from 4.5 pct before... the yield of the 10-year benchmark is now testing the 3 pct territory, from a low of 0.55 pct... for households and firms. The main intervention was a subsidy for electricity bills, which was funded
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