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Primary budget deficit at 1.69 bln euros in Q1 as tax revenues continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 came to a deficit of 1.69 billion euros, compared to a deficit of 3.41 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data re...
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March budget primary balance short of target, but taxes continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros, compared to a deficit of 13.4 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released...
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Kammenos's odd partnership with Tsipras still holding together
PoliticsGreek PoliticsDefence Minister Panos Kammenos was re-elected as leader of SYRIZA’s coalition partner Independent Greeks (ANEL) over the weekend, while also managing to highlight the odd nature of the cooperation between the two parties. There had been reports that Ka...
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Greece, creditors seek progress at Eurogroup on key differences holding up review
EconomyProgrammeGreece and its lenders head into Monday’s Eurogroup with differences on several key issues that will have to be resolved if the second review is to conclude in the days ahead. The Greek ministers and the institutions’ mission chiefs held a lengthy telec...
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Q3 unemployment in Greece still at 27 pct despite strong tourism season
EconomyMacroeconomythe strong tourism season. Attica’s rate stands marginally rose to 28.2 percent in Q3 (from 28.1 in Q2
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Golden Dawn faces more legal action but is on course for strong election showing
PoliticsGreek Politicssupport away from Golden Dawn. The Union for the Homeland and the People has strong nationalist line
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Public support for coalition still strong but Tsipras walks fine line with party
PoliticsGreek Politicswill also point to the surprisingly strong support that his government has among voters. In the first
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Greek shares up for the third straight week on strong performance from banks
EconomyThe Greek stock market headed north for the third successive week posting gains of 3.9 percent mainly driven by banks (+18.6 percent), which continued recording strong gains for the third week in a row. The quadriga’s mission chiefs concluded on Friday their 3-day visit to Athens, the first after
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Strong start for Greek stocks but they end week down 3.4 pct
EconomyDespite a strong rebound on Monday, the Greek equity market traded on negative ground in the following sessions, ending the week down 3.4 percent. The initial positive reaction in the aftermath of banks’ capital shortfall announcement by the ECB was reversed amid stock overhang concerns and delayed
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomyand point to a mild recession of 0.3 percent in 2016 and a strong GDP growth of 2.7 percent in 2017
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