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  1. Fitch takes no rating action, leaves outlook stable
    Image: MacroPolis

    Economy

    agency that has left Greece one notch below the investment grade, not granting an upgrade in the review in March and holding off from publishing a review a few weeks ago. Fitch says that Greece’s... achieving one of the highest grant absorption rates in the EU. Despite these gains, economic legacies

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  2. Athens and Ankara keep eyes on domestic audiences as talks continue
    Image: https://www.mfa.gr/

    PoliticsForeign Policy

    one day later the National Council of Foreign Affairs and Defence (KYSEA) will convene. Gerapetritis... of the ruling New Democracy party. The PM ousted one of his predecessors, Antonis Samaras, from... conducting work on the Cyprus-Greece electrical interconnection project in waters off Cyprus. According

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  3. Newsletter 444 - 06/12/2024

    Newsletters

    to channel to support measures. This is one of several legislative proposals PASOK has submitted... of banks’ efforts to get bad loans off their books. During the first two iterations of Hercules... to one of the highest interest rate margins in the EU and rather expensive credit across all business

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  4. ND highlights housing initiatives as Athens waste row rekindles hopes of progressive alliance
    Photo by MacroPolis

    PoliticsGreek Politics

    Tackling the shortage of affordable housing has emerged as one of the top priorities for the New Democracy government in the coming year, as it is seen as one of the main issues with social footprint... is kicking off 2025 with a raft of 14 initiatives aimed at increasing the stock of affordable housing

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  5. PM abandons reticence over Tempe, portrays himself as defender of institutions
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    society.” This represents a raising of the stakes in the stand-off between the government... the authorities have acted, Mitsotakis intends to portray this clash as one between stability and anti... of any such probes. However, one of the difficulties that the PM might face is finding conservative

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  6. Mitsotakis launches mini-support package in bid to create positive momentum

    PoliticsGreek Politics

    are permanent, rather than one-off handouts, and will apply from the current year, leaving open... a refund of up to 800 euros annually each November, equivalent to one monthly rent check. The PM said

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  7. Primary surplus reaches 4.5 bln in March due to property tax collection, significant underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    above the target and one of the main contributors to the tax outperformance as the payment was brought forward with the option of discounts for one off upfront settlement. Income tax revenues came to 6.1

    4%

  8. Fiscal data impressive but details suggest caution still required

    EconomyMacroeconomy

    since the deep deficits that were recorded during the pandemic due to one-off measures to support... major transactions. The main one was the new concession of the Attica Highway that fetched a record

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  9. Clarity over fiscal space clears way for next set of relief measures

    EconomyMacroeconomy

    presented a package of handouts of 1.1 billion euros, with 600 million euros directed at a one-off handout to pensioners and the rebate of one rent to tenants, based on certain criteria. The package

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  10. Parties square up for latest Tempe inquiry with ND expected to easily dominate proceedings
    Image: MacroPolis

    PoliticsGreek Politics

    The latest chapter in the political clash over the Tempe rail accident is set to kick off... and to prevent potentially damaging revelations. In a recent development, Maria Karystianou, who leads one... there will be one member apiece representing Greek Solution, New Left, Niki, Course for Freedom and the independent

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