Search
-
Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomy. On a monthly basis, the budget execution displayed a primary deficit of 448 million euros in May, from a surplus of 43 million in April, mainly reflecting a deterioration of the PIB balance in May. The state... (before tax refunds) strongly rebounded by 15.5 percent in May after dropping in the preceding two
12% -
Jan-May travel balance of 1.78 bln beats same period in 2019
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 1.19 billion euros in May, accelerating from the 432.1 million euros in April, according to Bank of Greece (BoG) data released on Friday. May’s balance was significantly higher than the 144.7 million euros registered in May 2021. It was also higher than
12% -
Whither New Democracy?
Agoraup and down the land that he is the only one of the candidates who truly represents the common man... service may be the least of the party’s troubles. A much more serious concern is that those founding..., the belief that changing the man at the top will breathe new life into New Democracy shows just how
12% -
Mitsotakis looks to unite New Democracy for fresh push
PoliticsGreek Politicspointed to recent successes for the Greek police, including the arrest of the man suspected... leadership. The conservative chief also met with the man from whom he took over, Vangelis... exit from the programme in the summer. In these circumstances, Mitsotakis may find it difficult
12% -
Greece waits for tangible outcome from EU's symbolic backing over border crisis
PoliticsGreek Politicssuggestions that Erdogan and Russian President Vladimir Putin may try to broker a deal for a safe zone... on Athens. Petsas denied on Monday that Greek border guards had fired at people in the no man’s land between the Greek and Turkish borders after footage surfaced of a man being shot in the throat
12% -
General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomyeuros, meaning that the gg deficit has widened by around 1 billion in May, mainly reflecting state budget and social security funds’ deficits of around 800 and 200 million respectively in May... billion euros at the end of May from 5.23 billion at the end of April, implying a modest drop of 1.8
12% -
Unemployment at 27.2 pct in May, hardly changed from previous months
EconomyMacroeconomyThe seasonally adjusted jobless rate slightly fell to 27.2 percent in May after remaining unchanged...). The evolution of the May headline figure reflects a 0.6 percent month on month (MoM) rise... in May, decelerating from the 0.8 percent drop recorded in April. The May YoY rate is the second lowest
12% -
Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
EconomyMacroeconomyof 978 million. In particular for May, primary deficit stood at 597 million compared to a target of 246...) fell significantly by 23.6 percent in May to 2.92 billion, its lowest reading so far this year... target 1.05 billion in May. According to MoF, almost two thirds of the underperformance in May
12% -
Government gears up for third review while lenders await pending actions
PoliticsGreek PoliticsThe Greek government had a first opportunity on Monday to get a sense of where things stand regarding the upcoming third review. Alternate Finance Minister Giorgos Houliarakis took part in the Euro Working Group in Brussels, where his eurozone counterpa...
12% -
After travels, domestic issues and party scepticism await Mitsotakis
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/11/26/samaras_1000_myrto_2611-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
PoliticsGreek PoliticsFollowing his trip to New York last week, and to Paris this Monday, Prime Minister Kyriakos Mitsotakis is preparing to turn his focus to domestic issues this week, with the continuing rollout of pandemic relief measures and efforts to mitigate inflation...
12%