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Govt mulls Easter bonus as cost-of-living crisis causes public concern
PoliticsGreek Politicsbeen vaccinated, and concern centres around the estimated 300,000 over-60s who have yet to come... divergent challenges for Kyriakos Mitsotakis’s government, which is finding it increasingly difficult..., which is widely credited with winning Mitsotakis the party leadership and the national elections
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Newsletter 351 - 16/09/2022
Staikouras highlighted the outperformance of the Greek economy compared to the previous estimates... outpaced the ministry’s estimates, with the total cost for 2022 jumping to 13.2 billion euros, up by 55..., based on the electoral law approved by ND in 2020. Under this system, the winning party would need
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Draft budget sees stronger growth, fiscal targets being met
EconomyMacroeconomy) is estimated to increase by 1.1 percent, following a 1.2 percent rise in 2017. Fiscal estimates... draft budget, which contains its fiscal estimates as well as the underlying macro assumptions. The MoF... effects into 2018. The draft budget estimates that GDP will grow by 1.8 percent, slightly improved
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Newsletter 460 - 02/05/2025
will create around 1.5 billion euros in extra fiscal space, on top of an already estimated 1 billion... is estimated to have brought in more than half a billion euros of income tax. Aside from policy decisions.... It is no surprise, therefore, that the government is not only focussed on finding more such measures over
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Newsletter 49 - 30/10/2015
into an estimated recession of at least 1.3 percent of GDP for the year. Tsipras’s own failings have... to beat to the punch start hitting home. It is estimated that the changes to VAT rates, which were... chance of winning: Current leader Evangelos Meimarakis and Central Macedonia Governor Apostolos
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Newsletter 208 -31/05/2019
. The General Accounting Office had estimated the total cost of the expansionary measures at 0.55 percent..., while the upward adjustment of widows’ pensions is estimated at 80 million. The Finance Ministry... Theodorikakos had presented to party officials indicated the winning margin in Sunday’s vote would be 10
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesaccording to EUROSTAT; of those who had left by 2013, it is estimated that 63 percent were university... tweet, while comparing it to the estimated 5,258 euros of annual income lost between 2011-2014. Even..., Tsakalotos’s alternate minister Giorgos Houliarakis, gifted the opposition a winning card when he told
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Stress mounts ahead of ECB's tests on Greek banks
Economyby the BoG. At that time, a February 24 FT article claimed that the IMF had estimated capital needs... at the baseline, which was the binding scenario for capital shortfalls, and 9.4 billion under the adverse... reservations regarding the BoG stress test outcome. The first relates to the binding scenario with IMF noting
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesa clause which fines DEPA an estimated 10,000 euros per day. The issue is causing friction between... charges were not financially viable. Binding bids for the concession are due to be submitted by the end... to receive binding offers for HELPE before the end of the year. In July, the deal to transfer 49 percent
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingproperties as collateral with the commercial value estimated at around 2.9 billion. This portfolio... indicates that non-binding bids must be received by December 10, and binding bids by the end of February
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