Search
-
Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
Economyincorporating the better-than-expected revenue and expenditure performance in the 10-month period.... The 11-month underperformance reflects lower than targeted revenues by 1.46 billion, more than... primary surplus at general government level at 812 million, with the 11-month state budget figure
12% -
ELTA CEO resignation fails to stem political fallout from post office closures
PoliticsGreek Politicsthan 200 post office branches and the manner of the surprise announcement, which was to take effect... voters have been complaining about rural abandonment. Rural voters say that this is the latest... of citizens rather than asking citizens to go hunting for it. Kikilias argued that the necessary
12% -
Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicsapparently settled at 2.9 billion, which is well above the 2014 budget estimate of 812 million and even larger than Samara’s recent estimate that it would be “in excess of 1.5 billion”. The same source also... and emergency services who earn a monthly salary of less than 1,500 euros. Furthermore, 380 million euros
12% -
Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
EconomyMacroeconomyfor a seventh consecutive month to stand at 812 million, declining from September’s figure of 999 million... with the deadline for the ENFIA property tax’s payment being moved to September rather than August. Expenditure... to 38.45 billion or 1.85 billion lower than the target. PIB PIB revenue stood at 57 million euros
12% -
Farmers dig in as clashes and political tension escalate
PoliticsGreek Politics, exposing the fragility of Prime Minister Kyriakos Mitsotakis’s rural compact and fuelling opposition... parties swiftly condemned the crackdown, accusing the government of resorting to force rather than... to 363 million euros, down from 476 million last year. The Ministry of Rural Development and Food
12% -
More than half of Greek households rely mainly on pensions
Societyhouseholds in 2015. Last year’s figure was slightly lower than the record 52 percent recorded in 2014 but almost ten percentage points higher than the 2012 share of 42.3 percent. Of those households... at less than 10,000 euros. The outlook for 2016 remains similarly negative, with seven in ten Greek
12% -
Tsipras readjusts expectations for crucial Eurogroup
PoliticsGreek Politicsmore hints regarding what he might consider an acceptable compromise. He said that any agreement with the lenders would have to banish uncertainty for investors and would not push the problem
12% -
Mitsotakis picks way through Feb challenges with support for farmers, fixity on universities
PoliticsGreek Politicsto change Greece at all levels”. There were, however, hints of concessions on some fronts... costs, which he described as “not a Greek problem, but one faced by the whole of Europe”. Many
12% -
Greek primary budget surplus doubles to 835 mln in Jan but below target
EconomyBudget (PIB) expenditure and tax refunds which more than offset lower expenditure. Revenues excluding... better than the target. The sharp drop mainly reflects a drop in grants to social security sector... of 812 million incorporated in the 2014 budget. MoF sources suggest that an agreement with the troika
12% -
Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
EconomyMacroeconomyto 159 million in May, extending the five-month figure to 812 million. The balance decreased to 60.45... deductions of more than 40 billion euros. The sharpest decrease over this six-year period has been... is seen as decreasing by more than 40 billion by the end of 2019. The lion’s share of the pledged
12%