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  1. Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall

    EconomyMacroeconomy

    , 673 million better than target. The overperformance is down to lower expenditure (by 1.35 billion) and the Public Investment Budget (PIB) deficit (by 297 million) more than offsetting the continued... higher than November’s last year), all indications point to a revenue underperformance for the whole

    4%
  2. Moody's sees 1.2 pct growth in Greece next year but highlights political risk

    Economy

    risks. According to Moody’s, Greece’s gross financing needs are estimated at more than 20 billion euros... to rebound 0.6 percent this year and further by 1.2 percent in 2015, less than the official sector... and slightly higher at 3.2 percent in 2015. Both projections are higher than Greek government’s targets

    4%
  3. A little more persuasion, a little less reaction
    Photo by MacroPolis

    Agora

    Dawn rather than SYRIZA, but a man with such an open and frequently declared affection for Greece... of progress through the synthesis of opinions and ideas. “It would help if, rather than fearing democracy... view of Samaras, a leader who the WSJ argues is trying “to scare voters rather than persuade them

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  4. How SYRIZA says it will fund its economic policies
    Photo by MacroPolis

    Economy

    capital for anything other than bank recapitalisation requires approval by the Eurogroup as well as from... to be further recapitalized (to cover capital losses due to bad loan write-offs) using HFSF funds rather than... target. 3) Settlement of unpaid taxes. SYRIZA expects more than 20 billion euros of the outstanding

    4%
  5. Eurosystem funding for Greek banks shoots up by 11.2 bln in December

    EconomyMacroeconomy

    recorded in February 2012. Following a sharp drop by more than 30 billion euros in the 9-month period... banking sources, local media indicate that the significant increase of more than 11 billion euros... are continuing in January mainly due to money withdrawals from retail accounts rather than money

    4%
  6. Top SYRIZA officials hint at path to compromise with eurozone
    Photo by MacroPolis

    PoliticsGreek Politics

    servicing costs, rather than a reduction in the principal. Giorgos Stathakis, who is likely to take up... closer to an agreement than had seemed the case for the last few months. New programme SYRIZA’s... to reach an agreement after Sunday’s vote which could be repackaged as something much more benign than

    4%
  7. First rise since 2009 for Greek household disposable income in Q3 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    taxation. Since 2009, compensation of employees was reduced by almost 31 percent (more than 6.5 billion..., which corresponds to more than 3.2 billion that are no more available for Greek households... impact of more than 800 million on households’ income. Household final consumption rose by 2.3 percent

    4%
  8. New Greek cabinet a mixed bag, prompting hope and concern
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    should be to reduce annual interest payments to less than 2.5 percent from the current 4.3 percent rather than a reduction in the principal. Stathakis's department will also be responsible for two key... was foreign minister more than a decade ago. More recently, he has worked as a professor

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  9. Samaras future unclear as New Democracy enters period of introspection

    PoliticsGreek Politics

    committee on Thursday, when he pointed out that the party had lost less than 2 percentage points... also underlined that the party had gained more than 400,000 votes since the European Parliament... convincing. His critics will point out that the conservatives lost more than 100,000 votes compared

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  10. Structural problems and dramatic drop in funding harm mental health care in Greece
    Photo by Harry van Versendaal

    Society

    . Above Bulgaria and Romania in the overall ranking, Greece failed to place higher than 24th... rather than by domestic demand,” it added. There have been pockets of progress, however. Most... than insufficient, understaffed hospital wards is the poor state of community-based facilities

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