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  1. Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
    Photo by MacroPolis

    EconomyProgramme

    The Greek government will not include next year’s pension cuts, or will at least present a scenario in which they are not implemented, in the 2019 draft budget due to be submitted to Parliament on Monday as it steps up its efforts to scrap the measure, ...

    9%

  2. Underwhelming GDP highlights investment falling short of mark
    Photo by MacroPolis

    EconomyMacroeconomy

    The signs that the Greek economy has been slowing were evident in previous GDP releases for 2023, as minor movements were recorded during the year and, after the latest revision, the first quarterly drop was seen in Q3. There was a minor 0.1 pct contrac...

    9%

  3. Growth of travel receipts in 2024 slows to 5.4 pct as arrivals go past 35 mln-mark
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 149.9 million euros in December, compared to 419.9 million euros in November, according to data released by the Bank of Greece (BoG) on Friday. The December balance was 53.4 percent higher than the 97.7 mill...

    9%

  4. Konstantopoulou dominates opposition politics as PASOK and SYRIZA struggle to make mark

    PoliticsGreek Politics

    The opposition parties have tried to play down the latest increase to the minimum wage, which the government announced on Wednesday, arguing that it is of little help to Greek households that are struggling to meet rising costs. Prime Minister Kyriakos ...

    9%

  5. No green light from troika yet as Greece moves towards bailout extension
    Photo by MacroPolis

    EconomyProgramme

    The troika sent early on Wednesday a response to the measures proposed by Greece with the aim of securing the return of inspectors to Athens and a conclusion to the prolonged programme review. Greece’s lenders reportedly requested further clarifications...

    9%

  6. Airport redevelopment gets green light, leaving one prior action as lenders return to Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The Council of State has approved the redevelopment of Athens’s former airport at Hellenikon, meaning just one prior action from the third review remains to be completed as the Greek government and the institutions gear up for the fourth review to start...

    9%

  7. Green light for next bailout funds as Commission stands ground on post-MoU scenarios
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    It was confirmed on Thursday that the path is now clear for Greece to receive its 5.7-billion-euro tranche after completing the third review. The news came as the European Commission appeared to indicate that it is not willing to make major concessions ...

    9%

  8. Athens adjusts foreclosure framework, waits for lenders to give green light
    By Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The Greek government is hoping to table in Parliament early next week the new bill for the protection of primary residences from foreclosures after another round of talks with local bankers on Thursday. Reports on Friday suggested that several issues we...

    9%

  9. Athens looks to overcome APS snags as it awaits green light from Brussels
    Photo by MacroPolis

    EconomyBanking

    Finance Minister Christos Staikouras was due to meet the CEOs of Greece’s four systemic banks on Thursday as the government appears to be stepping up its efforts to secure approval for the Asset Protection Scheme (APS) aimed at reducing the giant pile o...

    9%

  10. Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

    EconomyMacroeconomy

    loans by 2.07 billion and EFSF/ESM/IMF loans’ redemptions of 611 million. The gross debt structure

    9%