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Greece seeks better relations with Albania as wariness of Turkey grows
PoliticsForeign Policyin the Turkish city of Edirne for more than a month after accidentally crossing the border while... been set as a prerequisite by Albania's president Ilir Meta, who last month rejected the possibility... of the minority that are being monitored by Athens and the Council of Europe. The two foreign ministers are set
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Newsletter 338 - 20/05/2022
for Mitsotakis to address a joint session of Congress on Tuesday were the main set-pieces of the trip. Biden set... for liquefied natural gas (LNG), and set out his own political ideology, warning against the threat posed... than using Greece’s pivotal position to extract more support. The main aim of the visit
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What would a clean bailout exit for Greece mean in numbers?
AgoraSamaras’s government. I will attempt here to add some figures to the discussion and set out what... largest creditor. As part of the SMP program it accumulated more than 55 billion euros of Greek... as normal and interest payments have an estimated budget impact of less than 500 million euros
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At sidelines of UNGA, Mitsotakis talks up Greece’s prospects as energy, tech hub
PoliticsGreek Politics, and higher-end public services. More than 30 billion euros in foreign direct investment over six years, outpacing the prior two decades, underscores that growth is now investment-led rather than consumption-driven, the PM explained Moving beyond tourism’s 3 percent share of GDP, Mitsotakis set
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More changes needed to unlock private sector's potential, report says
EconomyFeaturesdominated by small firms, rather than larger, productive companies serving international markets... added affected micro firms (less than ten employees) the most but also impacted small businesses... at around 80 percent of the nominal value in 2008.” While this has led to large firms’ (more than 250
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus more than doubled year on year (YoY... of clawback and rebate mechanisms for 2013 in the larger healthcare provider (EOPYY) rather than... difference on the preceding month. Debt The outstanding state debt stayed flat year to date at 321.5 billion
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Newsletter 277 -11/12/2020
borders than any European country. Mitsotakis blamed public laxity during the second lockdown... came to 1.3 percent for the year, lower than the average increase noted in 2018 which came to 7.6... by 1.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure
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Newsletter 114 - 07/04/2017
and another 1 percent of GDP in 2020. The first set will be mostly made up of cuts to pension spending... (1.82 billion) is owed by 83.8 percent of taxpayers (3.61 million) whose tax debts are less than... more than 300,000 euros each or 78.79 billion combined, corresponding to 84.8 percent of the total
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomy. The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released... in Q4 2015. Today’s figure for Q1 is slightly higher than the -1.3 percent released in flash estimates... reflects a nosedive in disposable income by more than 30 percent. This is attributed to a sharp rise
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Budget primary shows deficit of 9.09 bln in June, beating target
EconomyMacroeconomyset in the 2022-2025 medium-term fiscal strategy by 831 million euros. Expenditure excluding interest... revenues came to 3.7 billion euros which was 58 million euros higher than its monthly target. State budget total revenues stood at 24 billion euros for the first six months, higher than the target by 93
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