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  1. Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    5.34 billion euros, off target by 1.01 billion euros. The MoF noted that the shortfall was mainly due... billion euros. The negative balance in the aggregate period was off target by 481 million euros

    2%

  2. European Commission report due to set tone for build-up to March 11 Eurogroup
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    in Parliament on Tuesday. It appears that a vital element to getting the lenders to sign off... new payment schemes to allow taxpayers to pay off what they owe over lengthy periods

    2%

  3. Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
    Photo via Fosphotos

    EconomyProgramme

    up, estimated at around 28 billion euros, to pay off at least some of its loans to the IMF early. Greece currently owes the IMF just under 10 billion euros but may make do with just paying off

    2%

  4. Debt relief measures move ahead as Athens prepares to use fiscal space
    Photo by MacroPolis

    EconomyProgramme

    request to pay off part of the amount it owes to the International Monetary Fund ahead of schedule... and one-off spending - that the government plans to adopt in the coming days. The interventions

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  5. Tsipras set to unveil tax cuts as MPs prepare for confidence vote
    Photo by MacroPolis

    PoliticsGreek Politics

    is that it will negotiate the cancellation of the measure with the institutions, just as it managed to call off...-off interventions. The details are due to be discussed on Tuesday with the institutions as part

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  6. Newsletter 208 -31/05/2019

    Newsletters

    that the measures will throw this year’s budget off track. These concerns are likely to be highlighted... that the measures implemented for this year have thrown the budget off course and that the 3.5 percent of GDP

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  7. Clash over judiciary persists as second round of local elections nears

    PoliticsGreek Politics

    will be looking to round off its impressive performance on the local government elections in the second round... and New Democracy MP Dora Bakoyiannis, would round off a perfect week for the family and drive home

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  8. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    . When excluding one-off items, namely the bank’s voluntary retirement scheme, PPI fell by 6 percent QoQ. PPI in Q1 2018 stood at 64 million euros. Excluding one-off items, PPI for the same quarter last

    2%

  9. Athens approaches Albania's political crisis, EU process with caution
    Photo by Michael Button via Flickr https://flic.kr/p/ddQycw

    PoliticsGreek Politics

    tensions through dialogue; but neither side seems willing to back off. Greece has avoided making any kind... Agreement there was not enough support to sign off on the deal with Tirana. Alexis Tsipras has also

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  10. As East Med tension remains, Athens also keeps eye on Turkish actions in Aegean
    Photo by Andrea Bonetti/Fosphotos

    Foreign PolicyGreek Politics

    Turkey’s actions, particularly its gas drilling off Cyprus’ east coast, are featuring prominently in the political debate in Greece a few days before the general elections. In fact, concern... to drill off Kastellorizo. Addressing lawmakers of Turkey’s ruling Justice and Development Party (AKP

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