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EU summit talks give Greece narrow window of opportunity for reforms
PoliticsGreek PoliticsGreek Prime Minister Alexis Tsipras appears to have eked out some limited breathing space for his government following talks with key European Union officials in Brussels late on Wednesday night. Tsipras met with German Chancellor Angela Merkel, French ...
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Feb budget primary surplus confirmed at 840 mln, as revenues overperform
EconomyMacroeconomyThe budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840 million euros, compared to a deficit of 1.5 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution d...
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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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SYRIZA's left wing a step closer to walking out, creating window of opportunity for PASOK
PoliticsGreek PoliticsAs each day passes, SYRIZA looks to be moving closer to a permanent split, triggered by the surprising rise of Stefanos Kasselakis to become party leader, that could blow opposition politics in Greece wide open. Kasselakis referred veteran socialist Ste...
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Inaugural 2025 bond breaks demand record, yield at 3.64 pct
Economy. The strong demand encouraged the PDMA to draw 4 billion euros with an issue of a 3.625 pct fixed... points and it quickly became evident that the issue was met with strong demand as within an hour... in 2024. A potential window of opportunity for the next issue is the second half of March, in the event
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Newsletter 285 - 19/02/2021
and his government of poor leadership and failing to ensure that the state machinery was ready to deal... of steps since December 2019 to attract foreign tax residents to the country. The ball was set rolling...) in January compared to a decline of 2.3 percent seen in December. The average CPI for the rolling 12
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Newsletter 296 - 14/05/2021
this will help revive the tourism industry after a poor 2020. The challenging of New Democracy’s... Akis Skertsos presented data showing that, based on a 7-day rolling average, Greece had administered... CPI for the rolling 12 months fell by 1.6 percent. Month-on-month, the CPI for April increased
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Economic sentiment approaches pre-Ukraine war high, consumer confidence highest since 2021
EconomyMacroeconomyon the rolling 12-month. Retail trade also improved by almost 6 points in June to 20.5, after a strong drop... the rolling 12-month period, the ESI in June was almost 10 points over the 100.3 points of July 2022. The EU... dropping by 3 points in May. The EEI is up by over 13 points in the rolling 12-month period. Industry
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Sentiment falls sharply in Feb, consumer confidence continues to slide
EconomyMacroeconomyGreece’s economic sentiment (ESI) dropping by 2.8 points to 104.8 in February, after a strong... was the 111.4 points of August 2023. Over the rolling 12-month period, the ESI in February was down by roughly... by 3.5 points in the rolling 12-month period. Industry confidence remained in negative territory to -4.4
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