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This is how Greece kept its budget on track in Q1
Agorabut the trend reversed in the next two months, with the actual figures coming in 366 and 142 million below... than the target. Salaries and pensions were estimated at an average of 1.56 billion euros per month
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The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
EconomyProgramme(150 million). 6) Increase in the tax rates on income from rents (142 million). Specifically... percent on OPAP Video Lottery Terminals (VLTs) with estimated revenues of 100 million. 8) A series
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First days of talks confirm gap between Greece, lenders on pensions
PoliticsGreek Politicsfrom tax income reform, 142 million from increase in tax rates on rental income and 32 million from... and employees. Each 0.5 pp rise in contributions is estimated to entail incremental revenues of around 150
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Revenues reach 4.3 bln in January, beating target by 258 mln
EconomyMacroeconomytax arrears also outperformed the target by 212 and 142 million respectively. The remarkable... of the single property tax (ENFIA), with the estimated tax due close to 630 million euros. In the last
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politicsthe property tax base will raise an additional 142 million euros. The new tax bill is due to include a re... this year’s social dividend, an estimated 100-200 million euros from the 436 million euros additional
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GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomypct that appeared in the 2023 final budget at the end of 2022. The most recent inflation estimate... in 2023, from 1.2 seen in the previous estimate in February. In its latest World Economic Outlook... percent QoQ. Outlook According to the latest Finance Ministry estimates included in the Stability
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Athens buoyed by EU, US support over maritime spat with Turkey
PoliticsForeign Policyon the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments
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After signing EastMed pipeline pact, Athens aims to tackle Turkey challenge
PoliticsForeign Policymemoranda with the Tripoli-based government in Libya. Officials in Athens stress, however... following Turkey's intervention in Libya, the message to Ankara in the joint statement they issued... in Libya presents a dangerous threat to wider regional stability.” The statement also noted
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Quiet summer in Greek-Turkish relations not seen lasting
PoliticsForeign Policy, in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime.... Even though the meeting focused more on Turkey’s economic “return” to Libya for the country’s... from the international community. The political situation in Libya will remain fluid and it is quite
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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign Policycountries. But it also accomplished a rapprochement with Libya. Greece’s decision to extend its... was its rapprochement with Libya. That was accomplished with numerous visits by Greek officials, including... for the first time a high-level meeting on Libya on November 12, in Paris. Greece had been excluded twice from
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