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  1. Despite ongoing row with SYRIZA, Kammenos not preparing for early departure
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    going through. This comment hints at the other reason that no early divorce between SYRIZA and ANEL... his last stand against the deal and Tsipras could use this opportunity to call snap elections for May

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  2. SYRIZA and ND shadow box over next presidential election
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    elections. The opposition party’s spokeswoman Maria Spyraki rebuffed on Thursday hints by Prime Minister... president, the revision will have to be rubber-stamped by the next House. If elections are held in May

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  3. Opposition frets over foreclosure decision as ND casts net for new faces

    PoliticsGreek Politics

    . It also hints at what might be Prime Minister Kyriakos Mitsotakis’s most likely plan to secure... than seek an alliance with another party, the PM may prefer to peel off a handful of MPs from rival

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  4. New Democracy leadership headed for showdown with right wing over migrant labour bill

    PoliticsGreek Politics

    the seeds of its implementation. It also hints that a similar path may beckon for other initiatives

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  5. Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    euros in May from a small surplus of 43 million in April. In addition, the 5-month state budget deficit... by 15.9 percent in May after falling in the two previous months. In absolute terms, revenues stood at 3.38 billion euros in May, beating the target by 514 million, which represents the highest monthly

    13%

  6. General gov't cash primary surplus to May halves, arrears keep rising

    EconomyMacroeconomy

    , albeit at a slower rate, by 4.5 percent month on month (MoM) in May from 9 percent in April. The increase... showed arrears reached 5.04 billion at the end of May from 4.82 billion in April. This means that creation of arrears almost halved in May to 218 million from around 400 million in each

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  7. Credit contracts by slower rate of 2.1 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek bank credit contraction further decelerated to 2.1 percent in May from 2.4 percent in April, according to the Bank of Greece (BoG). The May headline figure is the slowest drop since August 2011... deductions to 253 million in May from 542 million in April and is entirely attributed to household

    12%

  8. Unemployment rate fell to 25 pct in May, its lowest level in the last three years
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate fell for the second straight month in May, when... (ELSTAT). The May headline figure is the lowest reading since June 2012. The non-seasonally-adjusted...) from 25.5 percent in April to 24 percent in May. This is also the lowest reading in the past three

    12%

  9. Five-month budget primary surplus of 2.27 bln, revenues outperform in May

    EconomyMacroeconomy

    . On a monthly basis, the budget execution displayed a primary deficit of 448 million euros in May, from a surplus of 43 million in April, mainly reflecting a deterioration of the PIB balance in May. The state... (before tax refunds) strongly rebounded by 15.5 percent in May after dropping in the preceding two

    12%

  10. Jan-May travel balance of 1.78 bln beats same period in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 1.19 billion euros in May, accelerating from the 432.1 million euros in April, according to Bank of Greece (BoG) data released on Friday. May’s balance was significantly higher than the 144.7 million euros registered in May 2021. It was also higher than

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