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  1. Greece unveils new batch of cost-of-living measures after robust 2025 fiscal results

    EconomyMacroeconomy

    , at 4.9 pct of GDP, significantly outperforming the initial budget outlook for 2025 by a wide margin, as the initial 2025 budget submission expected a primary surplus of 2.4 pct of GDP, or close to 6... the fiscal space following the impressive performance of the budget in 2025.

    2%

  2. Athens resumes contact with Ankara as interest in FYROM referendum grows
    Photo by Ardac via Flickr https://flic.kr/p/oY8HxB

    PoliticsForeign Policy

    The inauguration of the renovated Greek Consulate building in Izmir was considered a good chance for the resumption of talks between Athens and Ankara following the recent improvement in bilateral relations due to the release of the two Greek servicemen by Turkish authorities in mid-August after

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  3. Summer optimism undermined by uptick in Covid-19 indicators and subdued expectations for tourism
    Photo by MacroPolis

    PoliticsGreek Politics

    . On Wednesday, Mitsotakis cut the ribbon on the newly renovated Macedonia airport in Thessaloniki, one

    1%

  4. ND blocks parliamentary scrutiny of court’s surveillance decision, ratcheting up political tension
    Photo by MacroPolis

    PoliticsGreek Politics

    renovated a pre-existing water trough. Government spokesman Pavlos Marinakis argued that the allegedly

    1%

  5. PM gives ESY clean bill of health, prompting opposition backlash
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    that hospitals and health centres nationwide have been renovated, that staff numbers are rising alongside

    1%

  6. Greece's labour market is austerity's biggest casualty

    Agora

    and the recession does not exceed the finance ministry’s estimates) and the revenue side of the budget... investment budget, falling property prices, tight credit conditions and a heavily taxed property ownership

    1%

  7. From soup kitchens to school meals, demand for welfare in Athens is surging
    Photo by Harry van Versendaal

    Society

    a range of welfare services for around 20,000 people a day. All this on a budget that has been cut... social problems have to be addressed on an ever tighter budget are a microcosm of what is happening

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  8. Nobody has less confidence in their government than the Greeks, OECD finds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    , Greece spent 11.6 percent of its budget on healthcare, compared to an OECD average of 14.5 The gap was even wider when it came to the education budget, which was 7.9 percent of general government

    1%

  9. Coalition wins crucial votes but at a price as SYRIZA leads polls
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    that the 2014 budget did not have the troika’s approval and that a supplementary budget, with more

    1%

  10. It's not the distance; it's the load you carry
    Photo by Harry van Versendaal

    Agora

    percent of GDP in 2009 required almost three times the fiscal effort to balance the budget. However... budget and a further 529 million and 155 million were identified for 2015 and 2016 respectively (table

    1%