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Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
EconomyMacroeconomy. Net revenues came to 3.85 billion euros, below target by 812 million euros. The monthly primary... a deficit of 782 million euros for the month.
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PM claims victory as marriage equality law passes despite dissent in govt, opposition ranks
PoliticsGreek Politics, passionately committed to European values,” PM Mitsotakis posted on X after the vote. During the debate he... of dissent within a ruling party’s ranks is highly unusual for Greek politics. In his defence, Mitsotakis... it through Parliament, regardless of any collateral damage. He has argued, for instance, that SYRIZA
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Newsletter 22 - 03/04/2015
government has a relatively easier but still challenging task to meet its April obligations. According... of that, Greece has to roll over two T-Bill issues totalling 2.4 billion. The first involves 6-month T-Bills... consideration of 150–200 Senior government figures have said the country has enough cash to cover its
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Parliament's bailout probe has potential to be politically toxic
PoliticsGreek Politicshas already objected to the fact that the investigation will only seek to cover the period from May... Minister Alexis Tsipras has cultivated ties with Karamanlis over the years. It is believed that the ex... a coalition in June 2012. Nevertheless, there has been a strong feeling within New Democracy
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Newsletter 310 - 01/10/2021
Rafale jets, taking the total it has ordered to 24. Domestically, the agreement has been greeted... fleet with modern French frigates has a national motive as it safeguards our homeland,” he said. “[But also] a European one since it strengthens our common defence industry. It also has Euro-Atlantic
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For Greek banks, it's business as unusual
AgoraNow that the rather bizarrely termed “bank holiday” has come to an end in Greece after three weeks... of the situation and inquire where do we go from here. As the Greek real economy has been turned... without domestic banks being open for business. What this experience has exposed so far is revealing
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Newsletter 48 - 23/10/2015
investment of 25 billion has plummeted to just 3.2 billion, following a sharp drop in bank share prices... banks will proceed to similar bond exchange offers in an effort to reduce the amount that has... banks, Eurobank has a major private shareholder, Fairfax, which controls 20.03 percent of its share
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Newsletter 113 - 31/03/2017
this week has been on its MPs, with efforts to ensure that they will back the deal already underway... deal has to be weighed up as a whole. The argument from the prime minister’s office is that while... of 2016 The draft bill on the out-of-court workout, which the Development Ministry has tabled
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Tsipras and SYRIZA: More old than new
Agorapractices? Because it is a line that has been used so often that it has been worn bare. Many of his... the choking grip of entangled interests? The reality is that there has been little to inspire optimism. Sure... problem has been that Tsipras has failed to establish any ethical boundaries within his own government
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Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politicsprepare to share out the additional surplus from this year’s budget, which has been estimated at 380 million euros. Of this, 138 million euros has been earmarked for reducing the amount of tax companies... investment strategy. The system, which represents a major departure from what has gone before, will apply
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