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PM adds minimum wage hike to pre-election promises, with hints of more to come
PoliticsGreek Politicssupport against the cost-of-living crisis. Mitsotakis used his New Year’s address to announce... is that Mitsotakis will keep up the pace of announcements on the cost-of-living front, which remains
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Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct
EconomyMacroeconomyin exports orders also slowed down. January marked the slowest rise in cost inflation since October 2020.... “At the same time, cost pressures eased further, as weak input demand limited vendors’ scope for price hikes
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Newsletter 369 - 10/02/2023
last week adds up to 46 billion euros, or an average annual cost of 11.5 billion euros over... are recorded as public debt, there is no fiscal cost for the Greek budget as it is an accounting entry
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PM announces more voter-friendly measures ahead of polls
PoliticsGreek Politicswill provide further details within 24 hours. He did, however, say that the benefit would cost some 300... with household debt in Greece, exacerbated by Covid, the energy crisis and the rising cost of living
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Machinations intensify as announcement of election date approaches
PoliticsGreek Politics. The government’s focus on the handouts aimed at combatting the cost-of-living crisis is one... not benefit from a retirement pay increase, which will cost close to 300 million euros. Other measures
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Newsletter 371 - 24/02/2023
to tackle the cost-of-living crisis. The scheme covers up to 10 pct of the amount that households spend... for pensioners who did not benefit from a retirement pay increase, which will cost close to 300 million
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Govt looks to contain political fallout from crash, prepares change to poll plans
PoliticsGreek Politicsautomatic protection to prevent crashes. Political cost Mitsotakis and his advisers will be weighing up this political cost over the coming days as the first opinion polls after the tragedy
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Eurobank net profit jumps 4x to 1.33 bln in 2022, NPE ratio at 5.2 pct
EconomyBankingexpenses increased by 4.7 percent YoY to 917.5 million euros. This took the cost-to-income ratio to 32.6 percent in 2022, from 46 percent in 2021. The 2022 cost of risk - or provisions over average net loans
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Grassroots protests highlight public discontent with development policies
PoliticsGreek Politicsand cost of public services. Despite the government’s assurances, all opposition parties spoke against... respondents believe the country is headed in the wrong direction, with the chief problems being the cost
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Macroeconomic fundamentals for Greece
Agoralabor availability. Another is to ask what would be the most likely interest cost as debt is gradually... of GDP in this decade. If interest rates do not come down again, this cost will grow further
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