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  1. Budget primary surplus at 617 mln in June as expenditure continues to fall below target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    revenues increased by 1.1 percent year-on-year (YoY) to 3.73 billion, rising against May’s figure... expenditure rose to 4.28 billion for the month of June, higher than the figure of 3.43 billion in May... PIB revenues increased to 126 million in June from 30 million in May, above target by 42 million

    4%

  2. Deposits inflows in June reach 1.36 bln for fifth month of positive readings
    Photo by MacroPolis

    EconomyMacroeconomy

    in June, building on inflows of 919.4 million in May, Bank of Greece (BoG) figures revealed... million, reversing the decline of 104.1 million noted in May. For the first six months of the year, flows... to 16.31 billion, dropping notably from May’s total of 20.87 billion.

    4%

  3. Coalition's attempt to defend handling of fatal blaze fails to stem criticism

    PoliticsGreek Politics

    was quick enough, if any evacuation was ordered, whether police may have directed cars towards danger... by the Mati fire. The fact that all four officials involved argued that while some mistakes may have... voters who may now feel convinced that SYRIZA should not govern again after the next elections.

    4%

  4. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    may surprise austerity critics. Total expenditure on fire protection (an aggregate figure combining... squeezes may have played a part in the tragic events at Mati, but their role was probably marginal... than assumed, and it may be that we should look more closely at how municipal funds were allocated

    4%

  5. Athens facing diplomatic developments on several fronts in September
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    the two sides. The Greek government believes that this tactic may not solve all the problems but helps... interventions from the EU and NATO, which may have played a significant role in convincing Ankara... and the US may affect developments. This has not deterred Athens from pursuing closer ties

    4%

  6. Retail turnover in June grows strongly led by fuel and supermarket sales
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent rise in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline index... down 4.2 percent growth in May. As with the sales index, February has been the only month this year... to 74.4 from 74.1 in May, while volumes stayed flat at 73.2. The latest business indicators for August

    4%

  7. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    most observers expect to take place in May despite the prime minister’s insistence... that the coalition may collapse following the vote on the settlement. However, Tsipras said on Sunday... to snap elections in May, without Kammenos coming under pressure to withdraw his support

    4%

  8. Greece's golden visa scheme brings revenues, but risks as well

    EconomyFeatures

    evaders, and money launderers who may need new identities or bolt-holes on short notice,” the report... of property taxes. The data available so far shows that the decline has been arrested, and prices may.... However, it is undoubtedly a contributing factor, and one which policy makers may have to take note

    4%

  9. Foreign minister quits government, heaping pressure on Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in the next elections, he may feel that he can create political alliances that might stand him in good....” This may reflect the frustration that has built up between the two men over the last three years... of foreign policy, the one potential change that Kotzias’s departure may trigger is a thawing

    4%

  10. Newsletter 179 -19/10/2018

    Newsletters

    -formed party in the next elections, he may feel that he can create political alliances that might... could cope with the departure, or perhaps even welcomed it. This may reflect the frustration that has... most likely that these will be in May, together with or just before, the European Parliament

    4%