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  1. Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln

    EconomyBanking

    led to an initial stake of more than 83 pct in the summer of 2013, followed by two further recaps... into NBG, leading to a stake of more than 84 pct. In the second recap, NBG raised 2.5 billion euros... of more than 8 billion euros. Following the latest moves, HFSF will be left with a 27 pct stake

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  2. SYRIZA slips behind PASOK in opinion poll but Kasselakis insists course is correct

    PoliticsGreek Politics

    had slipped behind PASOK, falling into third place after more than a decade of being placed... in search of a new outlet rather than drifting to PASOK or even the Communist Party (KKE). Members... is on the up and that its focus is on becoming a serious rival to New Democracy, rather than being

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  3. SYRIZA turbulence shakes up opposition politics
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    could be on their way to becoming the fourth party after more than a decade of leading or being... would be “more than a forum for discussion, but less than a party.” The details remain sketchy

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  4. PM launches reconstruction plan for disaster-hit regions as SYRIZA walkout spawns new group
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the dynamic as “more than a forum and less than a party”. SYRIZA has now lost one third of its central committee of 300 members, while it now only holds four more seats in Parliament than social

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  5. SYRIZA rebels unveil new group as Kasselakis talks up EP vote prospects
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    is marketing itself as a more genuine voice for the left than SYRIZA under Kasselakis’s leadership... that can change people’s lives” rather than “apolitical governance.” One of the key criticisms... offices and local representatives than PASOK despite having served in government and spent some 10

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  6. Primary surplus confirmed at 5.83 bln in Nov on back of spending under-execution
    Photo by MacroPolis

    EconomyMacroeconomy

    . The overall balance is better than the target by 1.97 billion euros. It should be noted that the targets... million euros. VAT revenues amounted to 21.66 billion, 131 million higher than the target. Excise tax... higher than the target. Tax refunds came to nearly 6.27 billion euros, above the new target by 133

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  7. Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
    Image: MacroPolis

    EconomyMacroeconomy

    is better than the target by 4.58 billion euros. It should be noted that the targets have been revised... revenues amounted to 23.39 billion, 154 million higher than the target. Excise tax revenues were 7.02... below the target. Income tax revenues came to 20.88 billion Euros, 151 million higher than

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  8. Manufacturing grows strongly in Jan, sentiment reaches pre-Covid levels
    Photo via https://flic.kr/p/uwEAar

    EconomyMacroeconomy

    of more than 50 points. S&P notes that the rate of growth in January was the fastest since April 2022... sharpest in two years, slower than only that seen in July 2023. Manufacturers noted that the rise was due..., as output prices rose at a solid pace, sharper than the series trend, despite the softening rate

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  9. Newsletter 413 - 23/02/2024

    Newsletters

    that the rule of law in the country was in a stronger position than ever and that the only arbiter of its... for New Democracy. More than seven in ten say the government is doing a bad job on the cost of living... the most vulnerable in society. The data shows that the poorest households spend more than a quarter

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  10. Budget starts new year on track, timing factors lead to 1.16 bln outperformance

    EconomyMacroeconomy

    . The overall balance is better than the target by 1.18 billion euros. Revenues Net revenues in January stood... to 2.42 billion, 29 million higher than the target. Excise tax revenues were 528 million, 33.... Income tax revenues came to 1.9 billion Euros, 256 million higher than the target, mostly thanks

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