Defence Minister Panos Kammenos has vowed to stick with the government until the Prespes Agreement, ratified by MPs in the Former Yugoslav Republic of Macedonia (FYROM) on Friday night, comes to Greek Parliament, although his opposition to the deal means that the coalition is likely to face more turbulence.
Greece’s current account (C/A) balance recorded a surplus of 1.56 billion euros in August, slightly lower than the figure of 1.58 billion euros in July, Bank of Greece (BoG) figures showed on Monday.
In the context of the second Excessive Deficit Procedure (EDP) notification of 2018, Greece’s statistical Authority (ELSTAT) announced on Monday the fiscal data for the 2014 – 2017 period. The data has been produced based on the Regulation ESA 2010 for the System of National Accounts.
The Labour Ministry's Computer Centre for Social Security Services (IDIKA) recently published a report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension payments on a monthly basis.
It appears that the institutions are set to grant the Greek government’s request regarding the cancellation of the pension cuts that were due to kick in next year, but reports suggest that Athens and its lenders may still need to agree on a way to bridge an apparent fiscal gap in 2019.
Foreign Minister Nikos Kotzias’ resignation comes at a very crucial time for Greece’s foreign policy and for the region.
Greece’s industrial turnover rose by 20.5 percent in August after July’s figure was slightly revised upward to 17.6 percent, Hellenic Statistical Authority (ELSTAT) data published on Friday showed.
The Organisation for Economic Co-operation and Development's (OECD) policy brief on child wellness, which tracks child poverty in developed countries, has shown that Greece was among the countries where child poverty has increased sharply in recent years.
The battle lines for Greece’s next general election have been drawn. Amid the bitterness spewing forth from SYRIZA, New Democracy and their supporters, the party’s two leaders have set out alternative visions for the country based on different economic policy, for any Greeks that are still interested in that kind of thing.