Search
-
Mitsotakis brushes off latest strike, opposition sides with protesters
PoliticsGreek PoliticsThe government shrugged off Wednesday’s strike – the second in as many weeks – as the action of a small group of unionists rather than a larger protest against its proposed labour reforms. Although public transport came to a halt in Athens on Wednesday,...
6% -
Latest T-bill auction highlights shift in Greek yield curve
EconomyThe flow of positive news in Greece’s sovereign debt market continues as the Public Debt Management Agency (PDMA) announced the results of Wednesday’s 26-week T-Bill auction in which the yield dropped to zero. This came just a few weeks after Greece’s d...
6% -
Amid hiring controversy, ND focusses on new round of tax cuts in latest bill
PoliticsGreek PoliticsThe government has submitted its second tax bill to Parliament, paving the way for income, corporate and dividends tax to be reduced, giving New Democracy some relief from a public sector hirings controversy. The bill was tabled late on Tuesday after mo...
6% -
Latest T-bill auction nets near-zero yield, rounding off landmark year for sovereign debt
EconomyGreece is rounding off the most successful year in its sovereign debt since 2010, and after three adjustment programmes, with the successful issue of a 52-week T-Bill on Wednesday that resulted in a yield close to zero. Greece’s debt managers auctioned ...
6% -
ND targets NGOs in latest bid to bring migration under control
PoliticsGreek PoliticsThe government adopted on Tuesday legislation that paves the way for the creation of an official register for non-governmental organisations that deal with refugees. The move is seen as part of New Democracy’s efforts to get to grips with the migration ...
6% -
Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
EconomyAfter more lengthy negotiations, eurozone finance ministers arrived at an agreement on Thursday night to add to the measures that have already been announced to combat the economic impact of Covid-19. Although the compromise struck, bridging major diffe...
6% -
PM seeks fine balance as he prepares to unveil latest set of fiscal measures
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis is building up towards his economic policy speech in Thessaloniki on September 12, although the government is trying to lower expectations about what the public should expect. Mitsotakis will try to tread a fine line b...
6% -
Athens ponders latest diplomatic moves by Turkey
PoliticsForeign PolicyGreek and Cypriot officials spent much of the summer discussing how they would react in case Turkey’s drillship Abdülhamid Han would sail within the Cyprus Exclusive Economic Zone or disputed waters in the Aegean. In the end, Turkey decided to send the ...
6% -
Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyThe IMF spring meetings produced some good news for Greece via the World Economic Outlook and Fiscal Monitor. The IMF revised upwards its growth estimates for 2023, which is now seen higher at 2.6 pct in 2023, from 1.8 pct in the WEO of last October. Al...
6% -
SYRIZA leadership contenders enter final stretch, as ID cards become latest headache for govt
PoliticsGreek PoliticsAs the campaign for the SYRIZA leadership elections enters its final week, the five candidates are making their final pitches for the top job, with former Labour Minister Efi Achtsioglou remaining the favourite to win the contest. Meanwhile, the upcomin...
6%