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  1. More debt talks lined up but chances of IMF departure growing
    Photo via Fosphotos

    EconomyProgramme

    to funding needs not exceeding 15 percent of GDP. Fiscal measures There may be some within the Greek... capacity, Athens may be able to convince the European lenders that the fiscal measures demanded by the Fund... discussion at the moment but other government officials have suggested that this may change in the near

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  2. Eurogroup marks end of cycle and squaring of circle for Greece
    Photo via Fosphotos

    Agora

    for the parameters of the measures that are going to be deployed were in May 2016 and June of last year... relief measures that were agreed in May 2016. After a French proposal, the only addition was a mechanism... is that this contingency mechanism will shape up as was initially planned in May 2016 when eurozone finance

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  3. High level of opposition to Macedonia name deal seems to boost New Democracy’s ratings
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    SYRIZA. According to Pulse, backing for New Democracy increased by 2 percentage points since May... place on 7.5 percent. Eurogroup reaction Tsipras may have hoped that the agreement at last week’s... relief. The complexion may change in the coming months, as the benefits of exiting the programme

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  4. Eurosystem funding falls by 4.56 bln in June to 16.31 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    -on-month (MoM), the Bank of Greece's (BoG) monthly financial statement has revealed. In May, the MoM... bank funding to 16.31 billion euros for the month compared to May’s total of 20.87 billion, taking... billion euros, while that for the ECB fell by 2.24 billion after having increased by 60 million in May

    3%

  5. Budget primary surplus at 617 mln in June as expenditure continues to fall below target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    revenues increased by 1.1 percent year-on-year (YoY) to 3.73 billion, rising against May’s figure... expenditure rose to 4.28 billion for the month of June, higher than the figure of 3.43 billion in May... PIB revenues increased to 126 million in June from 30 million in May, above target by 42 million

    3%

  6. Deposits inflows in June reach 1.36 bln for fifth month of positive readings
    Photo by MacroPolis

    EconomyMacroeconomy

    in June, building on inflows of 919.4 million in May, Bank of Greece (BoG) figures revealed... million, reversing the decline of 104.1 million noted in May. For the first six months of the year, flows... to 16.31 billion, dropping notably from May’s total of 20.87 billion.

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  7. Coalition's attempt to defend handling of fatal blaze fails to stem criticism

    PoliticsGreek Politics

    was quick enough, if any evacuation was ordered, whether police may have directed cars towards danger... by the Mati fire. The fact that all four officials involved argued that while some mistakes may have... voters who may now feel convinced that SYRIZA should not govern again after the next elections.

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  8. Retail turnover in June grows strongly led by fuel and supermarket sales
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent rise in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline index... down 4.2 percent growth in May. As with the sales index, February has been the only month this year... to 74.4 from 74.1 in May, while volumes stayed flat at 73.2. The latest business indicators for August

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  9. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    most observers expect to take place in May despite the prime minister’s insistence... that the coalition may collapse following the vote on the settlement. However, Tsipras said on Sunday... to snap elections in May, without Kammenos coming under pressure to withdraw his support

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  10. Greece's golden visa scheme brings revenues, but risks as well

    EconomyFeatures

    evaders, and money launderers who may need new identities or bolt-holes on short notice,” the report... of property taxes. The data available so far shows that the decline has been arrested, and prices may.... However, it is undoubtedly a contributing factor, and one which policy makers may have to take note

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