
A few days before the unveiling of the so-called “TIF package” that will be announced on Saturday, September 10, by the Greek Prime Minister, Mr Kyriakos Mitsotakis, government officials state that no measures has been ‘sealed’ yet and many things will depend on next week’s developments. The prime minister and his economic staff want to have a, as much as possible, clear picture of the potential of the Greek economy as well as of the international developments in terms of energy cost and inflation.
Government sources said that Mitsotakis wants to have the best possible clear picture of the developments and, for this reason, the “TIF package” may be finalised only a few hours before his speech at Thessaloniki International Fair (TIF).
The six key points that will determine the TIF package are:
– The Hellenic Statistical Authority (ELSTAT) will announce on Wednesday, September 7 the Greek economy’s growth for Q2 2022.
– Two days later, on Friday, September 9, the Hellenic Statistical Authority is expected to announce the inflation rate
-The Finance Ministry will have a clear picture of the public revenues in August
-The performance in tourism
–ECB‘s board will convene on Thursday on the inflation
-The road map of the interventions against the high energy cost will become clear this week with the European Commission appearing to be determined to put a halt to the absurdity of the uncontrollable rates.
All the above will form an environment in which the Prime Minister will move, as he has stated, with guideline that the “resources are not inexhaustible”.


Latest News

Greece’s Retail Sector Turnover Sees 2.4% Growth in 2024
Among the regions, the North Aegean recorded the highest turnover growth in 2024, with a 3.8% increase, followed by Attica with 3%.

Greece Reallocates Emissions Funds, Prioritizing Industry Over Consumers and Green Transition
Greece shifts €152 million in emissions funds to aid energy-intensive sectors like aluminum and steel at the expense of support for consumers, renewable energy and the green transition.

Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.

Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries

Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures

Life Expectancy Rise in Europe Slows Down – Greece, UK Record Highest Declines: Lancet Medical Journal
Poor diet and lack of physical activity are seen as key factors contributing to the negative trend.

Capital Ship Management and Lloyd’s Register Complete the World’s First Tanker On-shore Power Supply Compatibility Assessment
This innovative project marks a significant step forward in the transition towards sustainable port operations

Greek Airports See 12.6% Surge in Passenger Traffic in January 2025
The steady extension of the tourist season is fueling optimism, highlighting Greece’s strong position as a top global destination

Greek Foreign Minister Gerapetritis to Meet U.S. Counterpart Rubio in the U.S.
Greek FM Gerapetritis will be in the U.S. to speak before the United Nations Security Council in New York on Monday and Tuesday, focusing on the war in Ukraine and developments in Syria.

National Bank of Greece (NBG) Stocks Remain Attractive: UBS
In this context, UBS maintains its “buy” recommendation with a price target of €11.20.