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  1. Primary cash balance surplus at 5.56 bln in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Budget (PIB) balance came to a deficit of 1.62 billion euros, improving by 1.35 billion euros... for December showed that the budget primary surplus came to 4.96 billion euros across the twelve

    4%

  2. Greece takes first round against Covid-19 but fight continues
    Photo by Natasha Pantazopoulou/Fosphotos

    Agora

    . A report by the Parliamentary Budget Office has called for more public investment in the health system... a disproportionate part of the budget (1.2 percent of GDP, second only to Germany’s 1.3 percent GDP

    4%

  3. Will the Covid-19 crisis undermine the EU Green Deal? A view from Europe's periphery
    Photo by Can Esenbel

    Agora

    . Concretely, the EU budget dedicated to the Green Deal amounts to no more than 0.3% of annual EU GDP...” but a reshuffling of EU budget lines. The philosophy behind the plan is for these funds to leverage additional

    4%

  4. PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek Parliament Budget (PBO) issued its first quarterly report for 2020, which highlights the early signs of the pandemic, although the office notes that even the latest fiscal and macro data... to the European Commission recently, the direct budget impact stands at 10 billion euros, not including

    4%

  5. Amid crowding concerns, officials reject idea of return to full lockdown
    Photo by MacroPolis

    PoliticsGreek Politics

    of the pandemic communications budget. Earlier this week it emerged that 20 million euros were spent on public... of the budget allocated to each outlet, leaving the government open to insinuations of favouritism. SYRIZA

    4%

  6. Multiple fronts and falling revenues pose pensions challenge for government
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    Pensions arrears continue to pile up in the meantime, with the Parliament’s Budget Office (PBO) warning... 2020. The cost to the budget is expected to exceed 600 million euros for main pensions. In its latest

    4%

  7. Household expenditure rises by 2.5 pct in 2019

    Society

    consumption of non-poor households. Low-income households also spend 33 percent of the family budget on food. For non-poor households,19.1 percent of the budget is spent on food.

    4%

  8. EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in

    EconomyMacroeconomy

    are reflected on the budget. The Commission sees a headline deficit of 7 pct of GDP, with the measures... the temporary measures that the authorities included in the draft budget of 2021, worth 1.1 pct of GDP

    4%

  9. ND holds on to large poll lead despite growing public dissatisfaction

    PoliticsGreek Politics

    . It is notable that the PM's secretariat has seen its budget more than double, from less than 3 million euros in 2019 under SYRIZA to 7.6 million budgeted in 2021, while the budget

    4%

  10. Retail sector re-opens as govt examines further support for businesses
    Photo by MacroPolis

    PoliticsGreek Politics

    to be finalised in the summer and included in the 2022 budget, when the ministry will know how much fiscal space it will have. The ministry is facing the possibility of having to redesign the budget

    4%