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Athens hopes lower bond yields strengthen case for reducing fiscal targets
EconomyProgrammea positive effect on the debt sustainability and strengthen the new government’s argument for a reduction
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Conflict over Competition Commission also a clash of narratives for ND, SYRIZA
PoliticsGreek Politicsretroactive effect, is not in line with European directives). The opposition party has also pointed
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PBO highlights budget, recovery risks in latest report
EconomyMacroeconomyBrexit. The combined effect of fiscal and monetary easing can cushion the country against those risk
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ND tries to stay on top of wildfire as court battle looms over Competition Commission
PoliticsGreek Politicseffect, cancelling out the previous administration’s appointments. Thanou, who has also vowed
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Is Greece facing a new migration crisis?
Societyquestioned whether the measure would have any effect due to the limited capacity of the administrative
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IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
EconomyProgrammeto be restored with a knock-on effect on the quality and the level of banks capital, their liquidity
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Hotel owners sound warning over Thomas Cook revenue losses
EconomyFeaturesmultiplier effect is added in, which estimates that for every 1 euro of tourism revenue generated
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Newsletter 222 -04/10/2019
million for the wider industry. When the tourism multiplier effect is added in, which estimates
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Court verdict on 2016 pension reform seen having fiscal impact
Economywill not have backdated effect, meaning that the state will not be burdened with backpay. In contrast
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PBO highlights areas of uncertainty for 2020 budget
EconomyMacroeconomyeffect will be more moderate. The Budget Office concludes that although the draft budget is in line
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