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  1. Budget primary surplus at 4.5 bln in 9-month, below target on lower revenues, higher tax refunds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    an underspend versus the target by 1.62 billion. The MoF said that the lower-than-expected expenditure stemmed..., lower social security spending by 139 million, allowances to families with many children by 60 million... lower than the target. PIB PIB revenue stood at 80 million euros in September, 119 million euros below

    28%

  2. Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    month's figure, but below target by 7 million and significantly lower than the figure for the same time... in the aggregate period, above target by 641 million euros, and 1.3 percent lower than for the same time... billion, below target by 199 million euros and 2.8 percent lower than that for the same time last year

    28%

  3. Athens hopes lower bond yields strengthen case for reducing fiscal targets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    The Greek government is keeping high up on its agenda the matter of renegotiating lower fiscal... hope that the recent reduction in borrowing costs would prompt its official lenders to revise lower... agenda, which hinges on lower taxes to spur growth.

    28%

  4. Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets
    Photo by MacroPolis

    EconomyProgramme

    will boost its chances of convincing its creditors to lower its fiscal targets for the coming years... for lower primary surplus targets in the coming years. Although Prime Minister Kyriakos Mitsotakis has... to lower it after that. This was one of the key election pledges he made and, if achieved, would be a way

    28%

  5. BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of the Ukraine conflict on Greek macro data, with the baseline scenario of growth now lower by one... of the conflict and its impact on energy and food prices. In this case, growth will be even lower, at 2.8... of insecurity and lower real wages in the countries of origin could even place the tourism assumptions

    28%

  6. Greece's post-lockdown hubris
    Photo by MacroPolis

    Agora

    the picture-postcard backdrop of the Santorini sunset as borders reopened to visitors from most... to print, TV and radio, and conventional news sites, a choice that flies in the face of every observed... from TV, according to the Reuters Institute Digital News report. Over 9 in 10 Greek internet users

    27%

  7. In latest election pledge, Tsipras vows to ditch lower tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    told ANT-1 TV. “I had said that pensions would not be cut and people doubted me,” he added

    27%

  8. Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
    Photo by MacroPolis

    Economy

    lower levels (less than 600 million for each item) indicating a strong fiscal performance in June. The 6-month over-performance largely reflects lower expenditure (by 1.24 billion) and – to a lesser

    26%

  9. Stournaras calls for lower primary surplus target, debt relief measures
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    percent of GDP in 2018 should be lowered to 2 percent. Stournaras stressed that a lower fiscal... rates. Stournaras also revealed that based on various scenarios examined by the BoG, the lower fiscal

    26%

  10. Lower bad loan provisions and increased write-offs for Greek banks in Q2
    Photo by MacroPolis

    Economy

    billion euros in 2015, while all indications point to a notably lower figure for this year... of 2016 stands 13.8 percent lower than the figure of 1.01 billion posted in the corresponding period

    26%