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  1. General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus grew by 1.4 billion euros to 6.4 billion in the 11-month period of 2016 from 5 billion a year ago, the Finance Ministry (MoF) gg bulletin revealed on Tuesday. The improvement is mostly attributed to an expansion of the extrabudgetary and social

    2%
  2. December retail sales seen down 2.5 pct amid tax onrush
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the 9-month period. The Finance Ministry (MoF) and the European Commission (EC) forecast a modest decline

    2%
  3. After holiday hiatus, Athens tries to get review moving again
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    With the date of the return of the institutions’ mission chiefs to Athens still unknown, Greek Finance Minister Euclid Tsakalotos is heading to Paris and Brussels this week to meet with his French counterpart Michel Sapin and European Economic Affairs Commissioner Pierre Moscovici. Tsakalotos

    2%
  4. Greece's pursuit of normality has only one starting point
    Photo by George Vitsaras/Fosphotos

    Agora

    to be adopted to strengthen the long-term sustainability of public finance. · The horizontal reform of public

    2%
  5. CPI stays flat in December, falls by 0.8 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    inflationary year since 2012. The Finance Ministry expects HICP to grow by 0.6 percent, while European

    2%
  6. Unemployment rate edges down to 23 pct in October, lowest in 4.5 years
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    . The most recent forecasts of the Finance Ministry (MoF), the European Commission (EC), the IMF

    2%
  7. Athens hopes concessions can secure review breakthrough
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Amid growing indications that Athens is preparing to offer an extension of the fiscal mechanism and concessions on the tax-free threshold and pensions in order to conclude the review, Finance Minister Euclid Tsakalotos and European Economic Affairs Commissioner Pierre Moscovici tried to strike

    2%
  8. Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s budget primary surplus stood at 4.39 billion in 2016, almost double the 2015 figure of 2.27 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday. The headline figure beat the full-year target by 2.41 billion largely due to revenue outperformance

    2%
  9. Tsipras poised for concessions with lenders, sets snap polls aside
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    with the institutions by the time eurozone finance ministers meet again on February 20. In return

    2%
  10. Primary cash surplus of 1.95 bln in 2016 including arrears’ repayment of 3.85 bln

    EconomyMacroeconomy

    execution figures published by the Finance Ministry (MoF) displayed a budget primary surplus of 4.39 billion

    2%