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PM looking to build on RRF approval to augment profile as moderniser
PoliticsGreek PoliticsCommission has indicated that it expects 1 percent of GDP to be added this year, 2 percent next year and 2.5... 2.3 billion in grants and close to 2 billion in loans) to be made in July, with close to 8 billion euros in total due to be transferred within 2021. The message that Mitsotakis conveyed on Thursday
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First-wave champion Greece stumbles at vaccine roll-out
Agorathe start of the SARS-CoV-2 pandemic in February 2020 and October 8, 2021, Greece has recorded a total... it was administering just 2 tests per thousand people. The number of tests increased with the introduction of mass... in a recent sounding only 2% of respondents said they have an appointment booked). Gaps, blind spots
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Discussion over PEPP, SGP draw attention to rising yields
EconomyFeaturesfor 2021, the total fiscal cost of the support packages including 2022 will exceed 30 billion euros... pct and approaching 2 pct respectively. As the ECB’s emergency programme comes to an end in March next... sustainability analysis by the European Commission, a primary balance of over 2 pct of GDP is seen
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Govt baulks at more holiday restrictions to stem spread of Omicron variant
PoliticsGreek Politicsmillion self-tests at a total cost of almost 150 million euros. Recent reports, however, suggest... poll for Powergame.gr shows KINAL up from 9.4 to 13.1 pct, with ND sliding by almost 2 points from 34.3 to 32.2 pct, and SYRIZA also losing 2 points to go from 23.6 to 21.5 pct. Although Androulakis
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Newsletter 323 - 14/01/2022
was raised by 2 pct on January 1 and the conservatives had promised a second increase at some point... a primary surplus worth over 2 pct of GDP for the period up to 2060. For 2022, after two years of running... committed in the budget to rein in the primary deficit at 1.2 pct of GDP, with a total deficit of 4
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Govt unveils new round of energy subsidies as fiscal space narrows significantly
PoliticsGreek Politicsto subsidise energy bills this month. This takes the total the government has pledged since the start of the energy crisis last autumn to 2 billion euros. Skrekas said that the latest tranche would... from the energy subsidies and the reduction to ENFIA, the government has already adopted a 2 pct rise
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Mitsotakis pledges more help to tackle inflation, calls for EU price cap on natural gas
PoliticsGreek Politicsrisen above 2 euros per litre and household electricity bills were up by an average of 27 pct... more comprehensive package to address the public’s concerns, despite having allocated around 2... that the interventions made by the government so far are “in the right direction.” A total of 89 pct of those questioned
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Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
PoliticsGreek Politicsestimates that the total cost of measures will more than double from 2 bln euros to between 4-5 bln... with the prevalence of the more transmissible Omicron 2 variant. Greece’s national vaccination committee
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Newsletter 333 - 01/04/2022
to spend up to 2 billion more this year than initially envisioned in this year’s economic plan. Staikouras stressed that it is not certain that the full 2 billion euros will be spent. This move allows... 50.44 billion euros from taxes this year, with VAT representing more than a third of total tax
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Lower trading income for NBG keeps net profits at 490 mln in H1
EconomyBankingwere virtually unchanged, standing at 1.9 billion euros at the end of H1, from 2 billion euros in Q1... cost in H1 was 1 basis point, from -2 basis points in Q1 this year Capital The CET1 ratio stands at 16 percent, from 16.1 percent in Q1. The fully loaded CET1 is 15 pct. The total capital ratio
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