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Manufacturing and electricity supply help keep industrial production buoyant in Sep
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 9.7 percent year-on-year (YoY) in September, from a downward revised 10 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. IPI has been on the mend since November last ...
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Higher VAT and income tax takes, with limited spending help budget beat targets in Mar
EconomyMacroeconomyThe budget primary balance in March was confirmed to be a surplus of 3.08 billion euros, compared to a deficit of 1.65 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. In t...
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VAT, income taxes help push May budget primary balance above target by more than 3 bln
EconomyMacroeconomyThe budget primary balance in May was confirmed to be a surplus of 2.3 billion euros, compared to a deficit of 1.49 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday. In the f...
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Underspend and improved tax collection help budget beat target by 881 mln in July
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.56 billion euros in July, compared to a deficit of 1.16 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday. In the f...
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Income tax, VAT help generate 3.56 bln budget surplus in July as interest expenses exceed 5 bln
EconomyMacroeconomyThe budget primary balance in July was confirmed at a surplus of 3.56 billion euros, compared to a deficit of 1.16 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Friday. In the fi...
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Samaras, Venizelos suggest EU support for Greece to continue after tough week on markets
PoliticsGreek Politics. "It has been explained from Greece's side that we do not need a new Memorandum of Understanding... he made on Friday, indicating that Greece would need further support from the EU but wanted to avoid the further involvement of the IMF. "We do not need precautionary support from outside
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Snap elections in Greece: The scenarios ahead
PoliticsGreek Politicsit in need of a coalition partner, both of which would pose serious challenges for the leftist party... and the winning party would only need 35.6 percent to elect 151 of the 300 MPs. The former seems more... circumstances. There is, though, a possibility that SYRIZA would need the cooperation of only some MPs
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Countering a regressive and illiberal Europe
Agoraa special case, there is a need to reflect more fundamentally on the state of European integration.... This would not help to sustainably resolve the poly-crisis, but it does not mean a standstill either... forces committed to an open, values-driven Europe need to find ways to protect citizens from
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Athens encouraged by terms for new round of Cyprus talks
PoliticsForeign Policy“over the need to reconvene the International Conference on Cyprus in June in line with the January.... The announcement refers to “the need to reconvene the Conference on Cyprus” not just to “reconvene” the same.... At this moment, those who support a solution on the Cyprus issue tend to stress the need for negotiations
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Lack of vaccines led to panic in B&H, yet now they are going to waste
Agorato be vaccinated – no need for an invitation or announcement. Today, there are left over vaccines... that everything is a product of the interests of big capital and the need for greater profit, but also local...), while they need 1,057 euros for consumer items per month. Commenting on the increase in food
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