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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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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomyagainst an import model driven by private consumption, since this is not a productive model and is too similar to the consumption model which was partially responsible for sparking the Greek economic... increase at a rate setting the ceiling for wage increases. The PBO notes, as previous sources have done
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Athens turns attention to Libya, advocates EastMed energy cooperation
PoliticsForeign Policyel Mangus with whom he has frequent personal contacts. In fact Dendias organised last week a working... with the participation of el Mangus. This was the first time Greece participated in a meeting on Libya, which aimed
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Newsletter 476 - 19/09/2025
, the overall balance remains largely unchanged since TIF. If this holds, it may represent the ceiling... labour rights, stifled small businesses, and a skewed production model. Famellos criticised the government’s push to privatise public goods, warning it entrenches a low-value, import-heavy growth model
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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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Greece's labour market is austerity's biggest casualty
Agora. The lion’s share comes from construction that has lost 159,000 jobs, a staggering 43.8% drop... and retail trade with 127,000, a 16% drop. The fourth and first quarters of each year are traditionally... for just over 1 percentage impact between GDP drop and industrial production and 1 for 1.5 relationship
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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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ND directs fire at PASOK over Tempe as ruling party’s MPs grumble over land decree
PoliticsGreek Politicsof Athens (NTUA) into the causes of the blaze which contributed to the deaths of some of the 57 victims... Pavlos Marinakis argued this week that “PASOK is more exposed than other parties” after the NTUA report
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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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