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  1. Inflation to persist, creating more economic policy challenges

    EconomyMacroeconomy

    Minister Christos Staikouras admitted that average inflation in 2022 will range between 1.5 and 2... as fuel prices, also thanks to the heavy tax wedge, are approaching 2 euros per litre in gas stations even

    8%

  2. Govt unveils new round of energy subsidies as fiscal space narrows significantly
    Photo via https://flic.kr/p/5Wq2VT

    PoliticsGreek Politics

    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

    8%

  3. Central govt debt rises again in Q4, reaching 388.3 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government debt increased by roughly 2 billion euros in the last quarter 2021 to 388.34 billion euros, from 386.82 billion euros in the previous quarter, the Finance Ministry's (MoF... three quarters of declines back in 2018. The Q4 debt movements reflect a drop of roughly 2 billion

    8%

  4. Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP increased by just 0.4 percent quarter-on-quarter (QoQ) in the last quarter (Q4) of 2021, from a downwards revised 2 percent in the third quarter (Q3... consumption rose by 2 percent, investments grew by 17.7 percent pct QoQ and exports also increased

    8%

  5. Mitsotakis pledges more help to tackle inflation, calls for EU price cap on natural gas
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    risen 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

    8%

  6. Govt readies additional inflation relief package, draws up new budget

    PoliticsGreek Politics

    invasion. Officials are also alarmed that unleaded fuel prices have risen above 2 euros/litre... is working on macro scenarios that up to 2 percentage points being shaved off the GDP growth of 4.5

    8%

  7. Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
    Photo via https://flic.kr/p/2b9vcaC

    PoliticsGreek Politics

    estimates 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

    8%

  8. Newsletter 332 - 18/03/2022

    Newsletters

    alarmed that unleaded fuel prices have risen above 2 euros/litre and heating oil has climbed to 1.6... increasing by 50 pct, natural gas prices higher by 100 dollars and a 2 percentage points rise

    8%

  9. Inflation triggers political machinations, move to increase budget spending
    Photo by MacroPolis

    PoliticsGreek Politics

    The government is set to submit a supplementary budget that will allow it to increase spending by as much as 2 billion euros compared to the initial budget for 2022, underlining the pressure that New... government spending ceiling by 2 billion euros, although it is not a given that the full amount

    8%

  10. Newsletter 333 - 01/04/2022

    Newsletters

    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

    8%