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  1. Newsletter 372 - 03/03/2023

    Newsletters

    that Prime Minister Kyriakos Mitsotakis may opt to delay the general election, which he was widely expected... for households, servicing of loans and access to funding for firms.MacroeconomyCharts

    8%
  2. Sensing weakened government, opposition pushes back against blame-sharing for rail accident
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    . The reaction seems to have taken the government aback, leading it to delay the vote by a week while... euros in funding for the railways. In recent days, SYRIZA has been hitting back against the prime

    8%
  3. ELTA CEO resignation fails to stem political fallout from post office closures

    PoliticsGreek Politics

    over the weekend. Despite a decision to delay the majority of the closures, many New Democracy... the organisation as a “black hole” for state funding. Government spokespeople have also tried to distance

    8%
  4. PM paves way to elections with three-year growth plan as ballot speculation simmers

    PoliticsGreek Politics

    , option, floated mainly in economic policy circles, would delay the vote to June 2027, just before Greece... funding cycle. Moreover, officials have stressed upfront the challenges of delivery. Giorgos

    8%
  5. Holding out for a (reformist) hero
    Photo via http://metonkyriako.gr/

    Agora

    potential miracle worker, or “Harvard-educated free-market reformer”, as the Wall Street Journal... bureaucracy and weak political will have to be overcome. The Wall Street Journal writes

    8%
  6. Wage ruling gives gov't immediate fiscal headache, political one may come later

    PoliticsGreek Politics

    on wage maturities If this proves to be correct, the government faces a challenge in finding... program review being carried out by the troika. It has struggled to reach this amount so finding... the impact that wage cuts would have on the party’s popularity. However, finding new savings could

    7%
  7. Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

    EconomyMacroeconomy

    that was not collected 2) Extension of submission of personal income tax (PIT) declarations that led to a delay... accordingly to delay on instalment payments, which were targeted at 300 million Overall, the year... target. This is mainly the result of the government’s decision to delay payments of non-payroll

    7%
  8. Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln

    EconomyMacroeconomy

    to a delay in the first instalment payment targeted above 800 million. 3) Non-assessment (and consequently... to a delay in the respective payment. The primary surplus over-performance by 724 million euros... better than target. This primarily reflects the government’s decision to delay payments of non-payroll

    7%
  9. Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target

    Economy

    , particularly until July, mostly reflected the government’s decision to delay or postpone non-payroll...) Agricultural subsidies (at 45.8 percent of the FY target of 591 million). A potential delay of the disbursement of the next two sub-tranches of 2 and 1 billion respectively may result in a further delay

    7%
  10. Tsipras and the IMF: Another miscalculation?
    Photo by IMF https://flic.kr/p/zBf1FT

    Agora

    Monetary Fund managing director Christine Lagarde he suggests that the IMF is threatening to delay... need debt relief. This was a call looking for ways to accelerate the process, not delay..., places blame for the delay on the eurozone's side and even goes as far as showing sympathy

    7%