Search
-
SYRIZA gives up on "odious debt" write-off but not major debt relief
PoliticsGreek Politicspolitical goals the writing off of the "majority" of Greek debt. Stathakis's comment certainly appears... surplus target and to allow it to pay off its debt, despite lower servicing costs. This means that while the idea of writing off copious amounts of "odious debt" may have been killed off, SYRIZA's
14% -
Off the isles of Greece
Agorawith Greece found themselves fighting for survival off another Greek island, Farmakonisi. Some made... years ago. Twelve migrants, nine of them children, drowned off the Dodecanese islet. The Afghans... borders. This should not be forgotten. This week, 47 migrants were rescued off Samos. Varvitsiotis
14% -
Mitsotakis targets rivals as Androulakis tries to shrug off doubters
PoliticsGreek Politicsthan enter into presumptive alliances. Victory, he argues, will come only when “every citizen hears
13% -
Is a lack of spending hampering Greece's firefighting capabilities?
Societyof the late shipowner, announced a 25-million-euro grant to the Fire Service to buy new equipment..., it is not entirely without precedent. Forest fires are a regular summer event, and every year thousands of hectares... spending roughly 230 million euros every year since 1998 to fight forest fires. This is a lot of money
13% -
Newsletter 312 - 15/10/2021
that there has been insufficient time since August for this initiative to start paying off... of the Greek economy, expecting growth of just 1.3 pct by 2026. The conservative stance is also kept... into a surplus of just 0.2 pct in 2023, rising to 1 and 1.5 pct in 2025 and 2026. This contrasts
13% -
Newsletter 379 - 05/05/2023
doubling to 2.1 pct of GDP, rising to 2.5 pct of GDP by 2026, which is fully in line.... The Greek budget will be almost balanced by 2026, with a deficit of just 0.1 pct of GDP. This fiscal path... in 2026. The growth composition shifts towards investments in the coming period as private consumption
13% -
Mitsotakis delivers major tax-cut package as he seeks to stay course for another term
PoliticsGreek Politicsby 50 pct in 2026 and scrapped in 2027. VAT cuts of 30 pct on remote islands (<20,000 residents) now... cost of 1.76 billion euros in 2026. It will rise to 2.46 billion in 2027, essentially taking up that year’s fiscal space. The tax scale interventions will cost 1.2 billion in 2026 and 1.6 billion
13% -
Newsletter 479 - 10/10/2025
a window—however narrow—to re-enter the fray.EconomyBudgeting on a late RRF sprintThe draft budget for 2026... have been formally signed off. It is now near certain that Greece will not manage to utilise... as the projects will not meet the August 2026 deadline. The Finance Ministry has again anchored its estimate
13% -
Government budgeting on a late RRF sprint
EconomyMacroeconomyThe draft budget for 2026 tabled in Parliament last week contained interesting signals for further... for the projects also funded by banks have been formally signed off. It is now near certain that Greece... losing funds as the projects will not meet the August 2026 deadline. The Finance Ministry has again
13% -
Newsletter 495 - 20/02/2026
2026 progresses, the final fiscal and economic picture for 2025 is due to emerge, with ELSTAT expected... is taking its final shape. In the final 2026 budget submission at the end of November, the Finance... in 2026. Over the first nine months of 2025, for which data is available, GDP growth was 2 pct
13%