Search
-
Commitment to reducing debt front and centre in government fiscal policy
EconomyMacroeconomyGreece's debt returned to the forefront of public debate last week following the visit of the Finance Minister Kyriakos Pierrakakis to the PDMA and the optimistic outlook he presented on the future... adjustment programme, which was financed by bilateral loans with eurozone member states
2% -
PM faces new challenges as public sides with farmers, Tsipras questions recovery
PoliticsGreek Politics, 25.5 pct chose Kyriakos Mitsotakis, 17.2 pct chose Finance Minister and Eurogroup president Kyriakos... will be financed by EU structural funds. The move is aimed at addressing housing shortages and high
2% -
Greece trying to lay 'phantom' pensions to rest
Societydefrauded the fund out of a total of about 10 million euros. In May, Alternate Finance Minister Christos... the obvious public administration inefficiencies that had become an undue burden on the country’s finances... out fraud and injustice, while allowing the Greek state to close a hole in its finances that should
2% -
Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economygross financing needs (GFN) or finance investments. Fiscal performance The country’s finances have..., adverse developments in the banking sector pose risks on the economy and public finances and the re
2% -
New court verdict adds to concern about impact of backpay on fiscal balance
EconomyProgrammeheadache for the Finance Ministry is the pensioners who are also seeking compensation following... as a potential threat to Greece’s efforts to keep its public finances on track in the coming years... amounts involved and the disruption to public finances they could bring means that it is an issue
2% -
Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Economy. This is on the assumption that the Finance Ministry will use about 10 billion of its cash buffer, 5.8 pct of GDP.... The external finances are an ongoing rating weakness, with the stock of external dent at 132 pct... ratio as a result of fiscal easing or prolonged recession, banking risks on the public finances
2% -
BoG highlights how Covid-19 compounds legacy issues and structural challenges
Economyshould be kept adequately high to ensure the sovereign’s ongoing capacity to finance itself... the numerous challenges that the pandemic will pose on the Greek economy, public finances and the banking... on fiscal revenues will have a significant impact on public finances, which the BoG cautions should
2% -
Govt offers pensioners 1.4 bln in backpay, opposition questions decision
PoliticsGreek Politicsby referring to the fiscal pressure created by the pandemic. The Finance Ministry is also keen to load all... finances since the previous government’s term, Kyriakos Mitsotakis clearly hoped to capitalise... to the public-spiritedness of pensioners, asking them to consider the state of public finances before
2% -
Opposition cries foul on government's tax priorities
PoliticsGreek Politicsthe very same day from Alternate Finance Minister Theodoros Skylakakis. In an interview... with the pharma giant. The documents included details of the minister’s personal finances, including several... the minister’s finances, including large cash sums and potential undeclared income, although Georgiadis
2% -
Newsletter 405 - 08/12/2023
Finance Minister Kostis Hatzidakis. Mitsotakis argued that after passing a series of tax cuts during his... workers, who are a bigger group. The second is that as public finances become tighter from next year..., after the centre-right party also oversaw the unravelling of Greece’s public finances in the build-up
2%