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  1. Mitsotakis tempers expectations for EP vote, Kasselakis talks up prospects
    Image: www.primeminister.gr

    PoliticsGreek Politics

    . However, Kasselakis will feel vindicated in talking up his party’s prospects if he can show... place is up for grabs on June 9.

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  2. Strong tax performance and underspend push primary surplus up to 3.15 bln in May
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 3.15 billion euros in May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. Up to May, the primary... euros. The budget balance up to May showed a deficit of 580 million euros, from a 1.12-billion-euro

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  3. Current account deficit continues to grow, reaching 6.84 bln up to Apr
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 4.37 billion euros, from 3.91 billion in April 2023. The impact of fuel picked up again... showed a deficit of 11.54 billion euros, up from 9.62 billion euros in 2023. The oil deficit

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  4. Government seeking to tie up loose ends before summer break
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    The government is hoping to make use of the last few days of parliamentary activity before the summer recess to pass several bills, while a shake-up of the general secretaries at a range... Mitsotakis appears to feel that this is the right moment to make the changes. The shake-up is reportedly

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  5. NBG NII jumps 13 pct YoY in H1 to 1.19 bln, net profit up 27 pct to 646 mln
    Photo by MacroPolis

    EconomyBanking

    impairments in H1 stood at 107 million, from 121 million in 2023. Core income stood at 1.4 billion, up by 14 percent annually. Operating expenses in H1 were 421 million euros, up by 5 percent YoY. Balance

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  6. ND blocks parliamentary scrutiny of court’s surveillance decision, ratcheting up political tension
    Photo by MacroPolis

    PoliticsGreek Politics

    social media post. The opposition leader suggested that the New Democracy leader knows a major cover up... claimed that there has been a cover-up, which was a word used by several Greek newspapers

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  7. Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    Ministry (MoF) budget execution data released on Wednesday. Up to August, the budget primary balance... than the target, mostly thanks to corporate taxation, up by 613 million euros from the target

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  8. Government facing up to threat from rise of far right parties

    PoliticsGreek Politics

    The government is stepping up its criticism of Greece’s far-right parties, which New Democracy sees as a greater threat currently than the parties to its left. It was notable that during Monday’s... building up its deterrence capabilities over the last five years. Last week, Marinakis made a general

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  9. NBG net profit at 983 mln in 9M, NII up by 9 pct at 1.78 bln
    Image via www.nbg.com

    EconomyBanking

    billion, up by 11 percent annually. Operating expenses in 9M were 639 million euros, up by 6 percent

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  10. Greece gets close-up view of rapidly changing US foreign policy position

    PoliticsForeign Policy

    an increase up to 5 pct of GDP for NATO allies. European Defense Across the Atlantic, EU heads of state... disagreement over a scenario of excluding defense spending from deficit rules up to 2 percent of GDP

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