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Here's what's in the 2015 draft budget the Greek government has just unveiled
EconomyMacroeconomy. According to the MoF’s updated forecasts, the fiscal gap for 2015 has narrowed to 225 million euros from 912
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Where has the money withdrawn from Greek banks gone?
AgoraSince December, the Greek banking system has been suffering from extended deposit outflows, which reached 26.8 billion euros at the end of March. Almost 90 percent of these withdrawals stemmed from time deposits, while only around 600 million euros was taken from savings accounts. The evolution
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This is what's in the legislation Greece has to approve by Wednesday night
EconomyProgrammeThe government tabled in Parliament on Tuesday the first draft bill including three of the four measures Greece has committed to as part of Monday’s Euro Summit agreement to legislate before July 15. These measures relate to VAT and tax issues and the legal independence of the Hellenic Statistical
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During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
SocietyThe percentage of Greek citizens living in extreme poverty increased from 2.2 to 15 percent, an almost sevenfold increase, between 2009 and 2015, a new study that digs deeper into poverty statistics in Greece has found. The study, commissioned by Athens-based think tank Dianeosis and conducted
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Tsipras wins confidence vote, has to repeat trick in ballot on name deal
PoliticsGreek PoliticsTo Potami on Wednesday regarding what stance its five MPs (Danellis has been ousted) will take. Two
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Retail sales rise by 13 pct in Sep as fuel has notable impact
EconomyMacroeconomythe previous high in May, when it stood at -22.2 points, and it has now improved by 3.9 points since
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Resounding win for Mitsotakis, who has majority comfortably in reach
PoliticsGreek Politicstantalisingly close to an outright majority in Greek Parliament, which has 300 seats but Prime
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How inflation has reshaped Greek household spending
AgoraA specific form of financial pressure has accumulated in Greece over the past five years, reflected in a steady rise in the cost of living. Between January 2020 and December 2025, consumer prices increased by 22.6%. An average household that spent €1,332 per month in early 2020 requires €1,634
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University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
PoliticsGreek Politics. The Interior Ministry has denied that it provides voters’ contact information, while the chief.... A flurry of regulatory and judicial probes has been launched into revelations made about... in the weeks leading up to the debate, however it has latterly become a thorn in the side of PASOK
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New Year reshuffle brings more MPs into cabinet, keeps key ministers in post
PoliticsGreek Politicsthe deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis... which has given rise to the loudest criticism, with centre-left KINAL calling it a “turn
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