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  1. Budget primary surplus at 3.14 bln in August as revenues grow and spending falls
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion, lower than the target by 304 million. PIB PIB revenues came to 98 million in August from 89... a deficit of 42 million in the first eight months of the year, 757 million better than the target.

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  2. Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
    Photo via @kmitsotakis

    PoliticsGreek Politics

    New Democracy leader Kyriakos Mitsotakis took his turn at the Thessaloniki Expo (DETH) on Saturday to present a plan of tax cuts, but also to send a more conciliatory message than Prime Minister...) rather than a loose set of measures aimed at attracting votes. The main pledges made by Mitsotakis

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  3. Card transactions in Greece experience boost due to capital controls

    EconomyBanking

    revenue would rise by 21 percent, or 3.3 billion euros, which is more than the revenue generated... card payments as part of Greece’s payment culture rather than a phenomenon brought about by capital

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  4. ND defends economic pledges as Kammenos repeats walkout threat
    Photo via @neadimokratia

    PoliticsGreek Politics

    , the opposition party claims that it can help Greece achieve higher growth rates than the current government... rather than an abrupt end to their partnership of almost four years.

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  5. Hirings balance in August turns negative by 7,748
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    The employment balance slipped into negative territory in August with 7,748 more departures than hirings during the month, data from the Labour Ministry’s Ergani information system revealed. August’s.... In the aggregate period, the employment balance showed 281,813 more hirings than departures. Ergani noted

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  6. VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
    Photo by MacroPolis

    EconomyFeatures

    The European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear to have fed tax avoidance rather than close the gap between expected and actual revenues. Out..., general government revenues came to 87.37 billion euros, 589 million euros higher than the figure

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  7. Budget surplus confirmed at 3.16 billion in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the year, expenditure increased by 1.6 percent to 31.61 billion, lower than the target by 304 million... better than the target.

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  8. Countdown to Macedonia name deal vote has PM weighing up support
    Photo byPanayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    will respect this decision” – as long as more than 50 percent participate in the referendum and the result... a diplomatic problem that has lasted more than 25 years. Kammenos has recently said that if the Prespes

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  9. ANEL leader under scrutiny due to party unrest, questions over refugee funds
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    abroad. The allegations that the Defence Ministry used funds in a less than transparent..., the lower the percentage needed to gain more than 150 seats in the House.

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  10. Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in 2018. Imports will grow by 2.1 pps less than initially estimated, while public consumption... by just 0.2 percentage points. Exports are expected to rise by more than assumed in the MTFS, by 5.8

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