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Coronavirus to delay much of privatisation plan
EconomyFeatureswent into lockdown, the Central Archaeological Council (KAS), unanimously allowed the demolition of old... binding offers. That phase would have taken place within the next few months under normal... Gas Corporation (DEPA) due to the disruption caused by the coronavirus. Nine non-binding offers were
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EP president visit and winding up of rail crash inquiry cast spotlight on rule of law concerns
PoliticsGreek PoliticsAn official visit to Athens by the President of the European Parliament Roberta Metsola gave Prime Minister Kyriakos Mitsotakis an occasion to hit back at the recent resolution passed by European lawmakers expressing concerns about the rule of law in Gr...
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Newsletter 310 - 01/10/2021
the prevalent mood in Greece and temper any potential criticism regardless of the price tag attached... to the negotiating table to resolve their differences, or to agree to binding international... bills to 180 million euros. It is also considering finding resources from the fund that auctions
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So far and yet so near for Greece and eurozone after second abortive Eurogroup
PoliticsGreek Politics’s lenders appear ready to temper their demands of the new government. This moratorium gives both... in a rather vague and non-binding manner at a November 2012 meeting of eurozone finance ministers. Beyond
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PMI falls to 46.9 pts in June in ten straight months of contraction
EconomyMacroeconomyGreece’s Manufacturing PMI eased by 1.1 points to 46.9 in June from 48 in May, according to Markit. The headline figure indicates the second lowest reading in the last two years, while remains below the 50-point mark implying a contraction for the tenth...
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Tsipras hopes to move on after decision on ex-airport project
PoliticsGreek Politicsis narrowing. The meeting of the Central Archaeological Council (KAS) on Tuesday resulted in a majority... on by the Lamda Development-led consortium should be protected. KAS deems this area... because of Eldorado’s threat to pull out of Halkidiki and the protracted deliberations by KAS over
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Newsletter 134
by 1.27 billion. Coalition hopes Hellenikon saga is over KAS decision seen as allowing site's development... of the Central Archaeological Council (KAS) on Tuesday resulted in a majority decision that around 30 hectares... that it would wait until KAS's ruling has been published before it makes any decision. The consortium that has
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Investors voice concerns about delays to Hellenikon as mine talks falter
EconomyFeatures(KAS) which centred on the environmental impact of the proposed development. KAS has objected.... It argues that no building should be taller than the Acropolis. KAS’s objection could represent
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