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Reactions to reshuffle continue as government seeks fast track prosecution of former minister
PoliticsGreek Politics. On Monday, Deputy Energy Minister Nikos Tsafos came under fire from opposition parties over... to show understanding for some of Turkey’s claims in the Aegean make Tsafos unsuitable to hold such a sensitive post. Tsafos, who had previously served as Mitsotakis’s advisor on energy, was forced
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyfunds 166 million and 859 billion by other legal entities, to make up the actual spend of 4.97...-execution and budgeting for actual spending ceilings was brought up by the European Commission... overestimated. For the 2020 budget, the New Democracy government conducted a review of spending ceilings
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Newsletter 79 - 24/06/2016
morning that the ECB lowered the ELA ceiling for Greek banks by 3.1 billion through to June 29... ceiling by almost 30 billion on the back of a reduction of uncertainty, the stabilisation of private deposit flows and the successful bank recapitalisation. In addition, the latest decision on ELA-ceiling
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Newsletter 63 - 19/02/2016
(ELA) ceiling for Greek banks by 100 million to 71.4 billion. Since mid-August, the ECB has cut the ELA ceiling 13 times by a cumulative amount of 19.6 billion on reduced uncertainty and stabilisation of the private deposit flow. The most notable reduction was evident in December, when the ELA ceiling
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Newsletter 128 - 21/07/2017
if bond yields drop after a possible S&P upgrade. The government remained tight-lipped about its plans... to a report in The Wall Street Journal, the ceiling was set at 325 billion euros of central government... population. Industrial turnover up 19 pct in May ELA funding ceiling falls by further 1.1 billion to 40.5
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Media
No image availableMitsotakis conquista la mayoría absoluta en Grecia 07/07/19 Publico Mitsotakis prepara-se para vitória... of recovery but little relief for Greeks 24/03/18 La Vanguardia La larga travesía de Grecia 08/03/18... on question, potential aftermath 04/07/2015 La Gaceta de Negocios 'Es mejor seguir en Europa, de
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Feb budget primary surplus confirmed at 840 mln, as revenues overperform
EconomyMacroeconomyThe budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840 million euros, compared to a deficit of 1.5 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution d...
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Primary budget deficit at 1.69 bln euros in Q1 as tax revenues continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 came to a deficit of 1.69 billion euros, compared to a deficit of 3.41 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data re...
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March budget primary balance short of target, but taxes continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros, compared to a deficit of 13.4 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released...
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Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
EconomyMacroeconomyAssistance (ELA) funding by 3.70 billion euros, the largest drop since June 2016. Additionally... was largely foreseen after successive lowerings of the ECB’s ceiling to Greek banks. The most recent came on September 7 when it was announced that the ELA ceiling for Greek banks would be reduced
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