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  1. PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
    Photo by MacroPolis

    EconomyMacroeconomy

    by the Ministry of Finance and the cash balances by the Bank of Greece point to a widening deficit from... in response to the pandemic. According to the Stability Programme that the Finance Ministry submitted

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  2. Opposition picks holes in latest measures to mitigate economic impact from pandemic
    Photo by MacroPolis

    PoliticsGreek Politics

    by the prime minister will only add 2.1 bln euros. According to calculations made by former finance... a fund that will co-finance companies of strategic importance, including Aegean Airlines. This a tool

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  3. Govt and opposition stake out positions on pandemic impact measures
    Photo via https://www.syriza.gr/

    PoliticsGreek Politics

    minister also reiterated recent statements made by his finance minister, Christos Staïkouras.... In a recent interview Finance Minister Christos Staikouras said that “between unemployment benefits

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  4. ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
    Photo by MacroPolis

    PoliticsGreek Politics

    Finance Minister Theodoros Skylakakis suggested that his department is considering slashing to zero... been driven to losses by the pandemic. The Finance Ministry also reportedly plans to finetune the SYN

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  5. Athens hoping for de-escalation in Aegean as it seeks pension backpay solution

    PoliticsGreek Politics

    , the Finance Ministry is considering upfront payments to pensioners for their backpay claims under... solution in fiscal terms, giving the Finance Ministry certainty about what funds will be required

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  6. SYRIZA goes on offensive over Covid-19 and economic reforms, but internal rifts persist

    PoliticsGreek Politics

    will provide the government with an alibi to implement its conservative agenda. Shadow Finance Minister... recent shift to the centre ground as “obsessive and self-destructive”. The former Finance Minister

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  7. Budget primary shows deficit of 6.61 bln in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 6.61 billion euros in the first eight months of 2020, compared to a surplus of 2.91 billion noted in August 2019, the preliminary Finance Ministry... of about 864 million euros, paid by the Ministry of Finance (transfers category), the expenditure

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  8. Tsipras picks holes in ND approach, unveils own spending proposals
    Photo via www.syriza.gr

    PoliticsGreek Politics

    to opposition. Several key figures, including former Finance Minister Euclid Tsakalotos were reassigned to give place to rising stars from Tsipras’s circle, including Efi Achtisioglou who was given the finance

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  9. Budget primary confirmed at deficit of 5.48 bln in August

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 5.48 billion euros in the first eight months of 2020, compared to a surplus of 2.91 billion noted in August 2019, the final Finance Ministry (MoF... of Finance (transfers category) and the expenditure of extraordinary transfers to EFKA and EOPYY

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  10. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    in the second quarter and is just short of 8 pct lower in the first half of 2020. The Finance Ministry does.... The Fund is broadly in line with the fiscal estimates of the Finance Ministry this year and for 2021

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