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Banking on voters’ desire for stability, ND insists ruling majority is still achievable
PoliticsGreek Politicsthat the support of a total of 15.2 pct of respondents could be up for grabs. It is also worth... the Turkey–Libya maritime memorandum “in practice.” The government is also pushing ahead... to the supermajority may run directly through this eclectic collection of non‑aligned MPs. Unlike
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PM trails switch in tax cuts, admits misstep in approach to migration
PoliticsGreek Politicsabout Libya’s maritime deal with Turkey are not respected grabbed the headlines, but Mitsotakis also... in 2023. If there is enough fiscal space in the coming years, the reduction may be quicker... percentage point reduction for employers and employees alike. Again, the aim would be to reduce the total
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Newsletter 68 - 01/04/2016
and resettlement of refugees is expected to begin kicking in next week and may provide the first relief... to be conducted swiftly so it is wrapped up by the end of May. If this timeline is followed, any... political parties. Since Greece signed its first bailout agreement in May 2010, nearly 40 new political
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Conflict in Middle East puts fresh pressure on economy
EconomyMacroeconomyinflation and the latest data for May sees the national CPI at 2.5 pct and Eurostat’s HICP was at 3.3... to ELSTAT data for CPI in May, electricity jumped year-on-year by 18 pct, while natural gas was up by over... in May. There is already mounting pressure on Greek households in relation to the housing burden
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High number of Covid-19 cases puts strain on government
PoliticsGreek Politicshealth challenge for the government, but also a political one. On Sunday, a total of 284 cases were... almost 550 cases in total over the weekend, with the pattern of Athens and Thessaloniki dominating the table continuing. The total number of deaths has risen to 242, with another 31 people being
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New tax arrears rise by 1.22 bln in June, total stock almost at 90 bln
EconomyMacroeconomybillion rise recorded in May, General Secretariat of Public Revenues (GSIS) data displayed on Thursday... taxpayers. Overall, the total stock of tax debt, including legacy and new tax arrears, climbed... percent in May. The revenue collection rate from tax audits on large corporates notably improved
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyimpact from last year’s PSI), resulted in a higher cut of total expenditure by 16.1 percent to 42.58... estimates a gg primary surplus of 812 million (0.4 percent of GDP) in 2013, higher than the initially
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Greek primary surplus at 400 mln to Oct but arrears keep piling up
EconomyMacroeconomyEAP terms and comparable to the government’s estimate of 812 million for the whole year 2013... percent of total), followed by hospitals at 1.07 billion (16 percent) and local governments at 766 million
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Budget passed but troika accord still some way off for Greece
PoliticsGreek Politicsto parliamentary rules. This meant that the budget garnered a total of 153 out of 300 votes despite.... - Achievement of a general government primary surplus of 812 million (0.4 percent of GDP) in 2013
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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
Economyin a higher cut of total expenditure by 15.7 percent to 46.44 billion. The PIB exhibited a deficit... primary surplus at general government level at 812 million, with the 11-month state budget figure
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