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  1. Budget primary surplus reaches 1.78 bln in July, almost double target
    Finance Ministry

    EconomyMacroeconomy

    982 million euros have been incorporated into the 2019 figures to cover the one-off payments... that these one-off payments that took place until June 2019 in connection with ministerial decisions

    3%
  2. Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    of 982 million euros that have been incorporated to 2019 figures, so as to cover the one-off payments of law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The one-off

    3%
  3. Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
    Photo by MacroPolis

    EconomyBanking

    income (PPI) declined by 12 percent quarter-on-quarter (QoQ) to 188 million. When excluding one-off... stood at 196 million euros. Excluding one-off items, PPI for the same quarter last year remained

    3%
  4. Tax cuts spearhead Mitsotakis's message in Thessaloniki

    PoliticsGreek Politics

    is sent to the House. This capped off what was seen as a politically moderate appearance by Mitsotakis... of putting off any effort to lower the primary surplus targets. The opposition party also claimed that his

    3%
  5. New twist in Hellinikon saga as Lamda goes it alone
    Image via www.thehellinikon.com

    Economy

    the Hellinikon project off the ground, New Democracy had also made clear its desire to attract more... to getting the scheme off the ground are being removed after years of dashed expectations.

    3%
  6. Fiscal issues dominate talks as fourth post-programme review ensues
    Photo by MacroPolis

    EconomyProgramme

    areas that require the sign off from the country’s lenders. The finance ministry has estimated... in the regular settlement schemes that currently stand at 12 months for income tax and 24 for one-off items

    3%
  7. Second day of review yields progress, work needed on fiscal front
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    that will need to get the sign-off from the institutions and lead to a successful completion... to the December 4 Eurogroup. It is hoped that this will kick off the discussion for the disbursement of the SMP

    3%
  8. New York trip showcases climate change ambitions, FDI opportunities and Balkan diplomacy
    Image via primeminister.gr

    PoliticsForeign Policy

    of the International Advisory Board of the Atlantic Council. Today he is due to round off his business... to address Turkey’s recent drilling activities off Cyprus and the increase in migrant arrivals from

    3%
  9. Growing Greece: From narrative to reality
    Photo by MacroPolis

    Agora

    and improved terms for paying off unpaid taxes and social security contributions. But the election... tax cuts towards the well-off. It appears that most Greek voters are content to allow the government

    3%
  10. Athens waits for EU action on Turkey and Greece's Balkan neighbours
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    PoliticsForeign Policy

    continues to consider sanctions over military operations in Syria and hydrocarbon drilling off Cyprus. He... to send an oil-and-gas drilling ship to waters off southern Cyprus where Greek Cypriot authorities

    3%