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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
EconomyFitch kept its credit rating for Greece unchanged at ‘BB-‘ with a stable outlook on Friday night. Fitch upgraded Greece in August last year. Its rating is one notch ahead of the other two leading... of primary residences could provide the tools needed to reduce the NPE stock. Fitch also notes
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Brussels urges Athens to remain on reform path as fourth post-MoU review looms
EconomyProgrammeframework for the protection of primary residences after the latest one expires in the end of this year
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomy, especially since boosting investment was one of New Democracy’s key election pledges. SYRIZA’s... accordingly. It gives the example of the subsidy for the protection of primary residences, which
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Newsletter 236 -24/01/2020
of unused surpluses from one year’s budget to the next. If approved, this could secure up to 4 billion... lifting of protections from foreclosures on primary residences. The current scheme is due to expire
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgramme” that transfers fiscal overperformance from one year to the next, lowering of the agreed surplus targets... residences. The current scheme is due to expire at the end of April and despite more than 40,000 people
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Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
EconomyMacroeconomymechanism that will allow the transfer of fiscal over-performance from one year to the next and of the SMP... protections in primary residences. It has been made known by the institutions that they do not want any
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Newsletter 284 - 12/02/2021
population had received at least one jab. More than 350,000 people had been vaccinated once, while..., as well furloughed workers and student residences for their children get 40 pct rent discounts
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Govt sets out fire compensation scheme in first step to overcome destruction
PoliticsGreek Politicscontrol, as it ripped through one inhabited area after another, while the Evia fire also raged... residences, 70 pct cover of losses for businesses and various flexible arrangements for tax obligations
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Govt mulls more tools against inflation as cost of living set to soar
PoliticsGreek Politicsin the original budget, tourism revenues reduced by at least 5 pct on 2019 levels, and growth one... to safeguard the primary residences of vulnerable households. While growth figures for 2021 may yet come
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Opposition parties step up pressure after back-and-forth over election date
PoliticsGreek PoliticsInternational Fair in September, when he will try to set out an alternative policy framework to the one.... Furthermore, he pledged to protect primary residences from foreclosure and to create a housing scheme
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