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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Athens eyes enhanced diplomatic role after hosting Zelensky and Balkan leaders
PoliticsForeign Policy. The meeting was effectively a Ukraine-Balkan informal summit since the honorary guest was Ukrainian... and the Ukrainian president. Greece joined the aviation coalition. Athens will train Ukrainian pilots... for the assistance mission of the allies and as an energy hub, will also become a corridor for grain Ukrainian
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Sea drone strains relations with Ukraine as Athens keeps eye on Turkish maritime legislation
PoliticsForeign PolicyThe discovery of a Ukrainian‑technology Magura‑type unmanned surface vehicle off Lefkada marks a serious complication in Greek–Ukrainian relations, at a time when Athens has consistently supported... believed was a Ukrainian drone attack near Novorossiysk. That earlier episode had already caused concern
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HCAP and Finance Ministry reveal five-year strategic plan for public assets
EconomyFeaturesthe control of HCAP, which include power firm PPC, water company EYDAP and public transport organisation OASA... and opportunities, with long-term and short-term goals for each company. Regarding OASA, for example, HCAP
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Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politicsagreement that during this period the Greek state will be funded under a minimalist menu that solves
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingwas reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB
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Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicsin Thessaly as only four of the 12 Super Pumas that Greece possesses are in a condition to fly
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Finance Ministry seeks solutions to address growing housing problem
EconomyKyriakos Mitsotakis announced the launch of the “Stegasi” platform, which brings together various
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