Displaying items by tag: inflation

Morgan Stanley maintains a "constructive" stance on the Greek economy, expecting a further drop in GGBs and an outperformance of Greek shares compared to the rest of Europe. At the same time, Morgan Stanley is proceeding to upgrade the targets for the shares and the profitability of Greek banks.

State financial support to Greek households and enterprises will significantly exceed 10 billion euros this year, from an initial estimate of 8.5 billion euros, Finance Minister Christos Staikouras said on Monday, adding that part of this support will be funded from the state budget while the larger part will be funded from the Energy Transition Fund.

The Minister of Development and Investments Adonis Georgiadis expressed his assessment that Greece is well prepared compared to other European countries in view of the difficult winter ahead.