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Farmers’ protests escalate as political veterans express concerns about democracy
PoliticsGreek Politicsthe depth of rural anger and placed fresh pressure on Prime Minister Kyriakos Mitsotakis’s administration..., while opposition parties are eager to amplify rural grievances. For now, the farmers’ mobilisation... the spectre of democratic erosion at a time when the government is already under pressure from rural unrest
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Government fails to break deadlock in dispute with farmers as SYRIZA loses MEP
PoliticsGreek Politics. On Wednesday, Deputy PM Kostis Hatzidakis and Rural Development Minister Kostas Tsiaras tabled a package... turned its back on producers and rural communities, while accusing the government of using divisive... from several blockades across the country had written to the rural affairs minister to request
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Farmers threaten more action after inconclusive meeting as Karystianou courts controversy
PoliticsGreek PoliticsDecember, reflects deeper strains in Greece’s rural economy. Rising fuel and electricity prices have... become a flashpoint. For Mitsotakis, the timing is delicate. With elections approaching, rural discontent.... For the government, limiting concessions preserves credibility but risks alienating rural voters
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Slight rise in deposits for March but outflows at 2.2 bln for 2014
EconomyMacroeconomyGreek private sector deposits rose 0.3 percent month on month (MoM) in March, with balances reaching 161.05 billion euros, according to the Bank of Greece (BoG). Net flow turned positive for the first time since December with inflows amounting to 501 mi...
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of...
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Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomybasis. The remaining difference (277 million) is owed to changes in the state accounts with the BoG
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Newsletter 7 - 12/12/2014
that cumulative collections stand at just 277 million so far. Those banks (six commercial and six
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