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PM faces new challenges as public sides with farmers, Tsipras questions recovery
PoliticsGreek PoliticsThe parliamentary debate over next year’s budget is due to conclude with Prime Minister Kyriakos Mitsotakis intervention this Tuesday. His comments will be made against the backdrop of an ongoing... with the vote in Parliament on next year’s budget. Ahead of the event, Tsipras’s political
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Record bonds, rising bills: Greece’s economic paradox
Agora, and package holidays up 7.2%. ELSTAT’s 2024 budget survey showed food accounts for nearly 21% of average... 33.5% of their budget on food, compared with just 12.7% for the richest 20%. It is clear that the cost
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Support measures bring Mitsotakis temporary relief as OPEKEPE headache persists
PoliticsGreek Politicsthe 6 billion initial budget outlook. Mitsotakis said the outperformance of the Greek economy allowed... fiscal space under the new EU budget rules. Mitsotakis’s optimistic message to voters was hedged
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When will Greek banks operate as credit institutions again?
Agorasustainability of the country and could not come at a less opportune moment.[2] The second structural..., 11th October 2013. [2] The Greek clothing retailer Sprider suspended its commercial operations
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October C/A deficit drops to 351 mln, down 39.1 pct over year
EconomyMacroeconomy, the Ministry of Finance and the troika were calling for a C/A deficit of between 1 and 2 percent of GDP... 2 percent in 2014. The key risk to BoG short-term projections lies with the funding ability
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C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight
EconomyMacroeconomyby the BoG, the Ministry of Finance and the troika were calling for a C/A deficit of between 1 and 2... history and rising to about 2 percent in 2014. The key risk to the BoG’s short-term projections
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Sales season pushes November retail volume to growth for the first time since March 2010
Economy, which posted a higher drop of 2.9 percent compared to October (-2 percent) and December (-1.7 percent... in the 9-month period. Furthermore, increased tax obligations led to deposit outflows of 2 billion
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Electricity drives rare rise in Greek industrial production index
EconomyMacroeconomysingle-digit figure, 2 and 2.8 percent respectively in 2013. Among the various business sectors... and equipment exhibited a modest rise (2 – 2.5 percent).
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C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
EconomyMacroeconomyof between 1 and 2 percent of GDP in 2013. The BoG’ estimates included in its interim report... 2 percent in 2014. The key risk to the BoG’s short-term projections lies with the funding ability
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Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept
EconomyMacroeconomyshowing positive growth (0.9 percent) with marginal deductions of just 2 million in January. The BoG... percentage points in the second quarter. All loan segments showed an increase of 1.8 to 2 percentage
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