By Tasos Dasopoulos The 5,167 million euro tax revenue overshoot in the seven months of January-July frees the economic staff to implement a third, enhanced package of support for households and businesses until mid-2023 and permanent relief next year. There is now the fiscal space to continue absorbing the adjustment clause until mid-2023, deliver fuel […]
Tag: support measures
End of Enhanced Surveillance: Greater flexibility in economic policy measures from August 20
The freedom of movement of the Greek economy is being expanded, after the country’s exit from the regime of enhanced supervision on August 20. As Finance Minister Christos Staikouras has pointed out, “we will have greater flexibility in the mix of measures, but respecting and observing European rules”. Three memoranda and four years of post-memorandum […]
What will determine the autumn support package
By Tasos Dasopoulos With the increased possibility of a new rally in natural gas prices, which will increase electricity tariffs accordingly, the economic staff of the Government is trying to plan alternative scenarios for the support measures to be announced next month. Sources of the Ministry of Finance stressed that the question is no longer […]
Chr. Staikouras for TIF: The additional fiscal space will be allocated for the further support of citizens
The drafting of the new plan for the support of households and businesses in the face of punctuality, which will be announced by the prime minister from the TIF stage at the beginning of September, is in the final stretch. As the Minister of Finance Christos Staikouras states to APE – BE: “the Government, every […]
What can bring the positive surprise to growth this year?
Of Tasos Dasopoulos Continuation of the good start made by the economy in the first quarter of the year, recording a growth of 7%, the Ministry of Finance sees for the second and third quarters of the year as well, since despite the persistent high inflation, Greece seems to maintain the growth momentum it developed […]
Italy is throwing a new package of 14.3 billion euros into the fight against inflation
Italy plans to approve a new aid package of about 14.3 billion euros on Thursday to help shield businesses and families from rising energy costs and inflation, government officials said, according to Reuters. The scheme, one of outgoing Prime Minister Mario Draghi’s last major acts before next month’s national election, comes on top of some […]
Chr. Staikouras: Supplementary budget for the additional support of households and businesses
Finance Minister Christos Staikouras announced the submission of a supplementary budget, as the economy is moving satisfactorily, for the additional support of households and businesses. The minister did not want to specify the amount of the supplementary budget (although the information refers to 2 billion euros). He said, however, that the response of taxpayers to […]
These are the support measures for those affected by the Eastern Attica fire
The measures to support those affected by the fires in Penteli and other areas this month were announced by the Deputy Minister to the Prime Minister, Christos Triandopoulos, stressing that “the Greek government, the Ministry of Finance and the Ministry of Development and Investments, in cooperation with the co-competent Ministries of the Interior , infrastructure […]
Three major milestones for Greece by the end of the year
By Tasos Dasopoulos The guidelines for the remaining half of 2022 and 2023, which were “renewed” by the Eurogroup yesterday, were clear for highly indebted countries like Greece: support households in moderation against precision, reduce deficits and debt, speed up implementation of the Recovery Fund. In terms of support to households and businesses, as during […]
Portugal: At 1.68 billion euros the cost of measures to contain inflation
Portuguese Prime Minister Antonio Costa said on Saturday that his government has spent 1.68 billion euros this year on measures to curb inflation. According to the Portuguese prime minister, the money was used for fiscal measures aimed at combating price increases and limiting production costs, as well as supporting “vulnerable households and the most energy-dependent […]