Search
-
Greece gears up for second review, faces wide-ranging reform to-do list
EconomyProgrammeThe government is expected to start negotiations with the institutions on the second programme review early this week. The start of the talks come in the wake of Greece implementation of the 15 prior actions needed to complete the first review, which wa...
21% -
Programme talks on fiscal issues open wide range of concerns
EconomyProgrammeThe Finance Minister Euclid Tsakalotos and the Alternate Finance Minister Giorgos Houliarakis held the first meeting with the institutions' mission chiefs on fiscal issues on Monday. Following the 2-hour discussion, Finance Ministry sources noted that i...
21% -
Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts
PoliticsGreek PoliticsThe new Greek government is planning to move ahead with the tax cuts promised by New Democracy during the election campaign and is aiming to table a bill before the end of July that will set out the reductions over the next three years. Athens does not ...
21% -
New government sets sights on sustainable and wide-reaching tourism industry
EconomyGreece’s new tourism minister, Haris Theocharis, has said that Greece needs a ten-year plan to boost the country’s vital tourism sector. Noting the stability of the tourism industry in recent years, Theocharis said in a speech to Parliament that the gov...
21% -
Travel balance increases by wide margin in June from last year's tourism collapse
EconomyMacroeconomyGreece’s travel balance came to a surplus of 689.4 million euros in June from 38.5 million a year ago, when the pandemic caused a collapse in tourism, Bank of Greece (BoG) data has shown. The balance remained below its June 2019 level, when it came to a...
21% -
Budget primary balance to May beats target by wide margin, taxes continue to outperform
EconomyMacroeconomyThe budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion euros, compared to a deficit of 8.14 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data rel...
21% -
Poll suggests mood souring for government, SYRIZA leadership race wide open
PoliticsGreek PoliticsThe first major opinion poll in the wake of the recent flooding reflects how the public mood has soured for the government, while it also suggests that the SYRIZA leadership vote may not end up being a one-horse race. As Prime Minister Kyriakos Mitsotak...
21% -
BoG revises 2024 growth down to 2.5 pct, advocates wide range of policies and reforms
EconomyMacroeconomyThe Bank of Greece published on Wednesday its interim monetary policy report for 2023, which assesses the economy’s progress over the year, though challenges are clouding the outlook. The BoG makes several recommendations that will improve the resilienc...
21% -
Understanding the German approach towards Greece
Agoraentrenched in the core countries of the eurozone. It would be tactically smart to take that position as given.... The middle ground for compromise is small. But it is large enough for an agreement that is smart
19% -
Mitsotakis showcases digital successes in drive to attract inward investment
PoliticsGreek Politicsand smart transport. Added to this, the approval of the EU’s Recovery and Resilience fund (RRF) could see... as a smart transport pilot project planned by VW on the island of Astypalaia, and a research hub
19%