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  1. April primary surplus beats target thanks to improved taxes and contained spending

    EconomyMacroeconomy

    884 million euros from the RRF this year.

    12%

  2. Timing factors and contained spending keep primary balance 2.89 bln above target in April
    Finance Ministry

    EconomyMacroeconomy

    euros. It has also received a new tranche from the RRF of 884 million euros.

    12%

  3. Budget balance up to May well above target as VAT brings in 650 mln more than planned

    EconomyMacroeconomy

    also received a new tranche from the RRF of 884 million euros.

    12%

  4. Migrant boat tragedy forces temporary halt on election campaigning
    Photo by MacroPolis

    PoliticsGreek Politics

    on Wednesday. The sinking of a fishing boat believed to be carrying migrants from Libya to Italy has claimed 79 lives while 104 have been rescued, however estimates of the total number on board range between

    12%

  5. Fires cast growing shadow as new shipwreck probe is announced
    Photo by MacroPolis

    PoliticsGreek Politics

    of migrants travelling from Libya to Italy drowning in the Mediterranean, off the coast of Greece... are estimated to have lost their lives in the shipwreck. Another probe, this time initiated from

    12%

  6. New Democracy tries to win over voters with crackdown on bank charges, migration
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    approach on migration in response to increased arrivals from Libya also comes at a time when New... of measures will be relatively painless for banks, costing an estimated 20-30 million euros, while

    12%

  7. Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

    EconomyMacroeconomy

    : The Greek government and the troika estimate a GDP rebound by 0.6 percent with BoG and Fitch Ratings... decelerating from the 3 percent drop posted in the third quarter, according to flash estimates... similar trend (low double-digit drop) over the past three quarters. ELSTAT’s latest flash estimates

    12%

  8. Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    more than those in 2016. This estimate is due to be revised by the end of January and could...). The preliminary estimates for airline seat planning point to an increase of 19 percent for Greek regional

    12%

  9. Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    by 1.6 pct, another ambitious estimate of investments of 14.4 pct, exports up by 4.9 pct and imports... that the forecast was ambitious as most of their estimates ranged between 2 and 2.5 pct. Most

    12%

  10. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
    Photo by MacroPolis

    Economy

    by half a percentage, from 2.3 percent in the previous official Greek estimate in the Stability Programme to 2.8 percent. At the same time, the estimate for this year’s growth is revised down to 2... in December. The growth estimate of 2.8 percent for next year is a substantial revision from

    12%