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  1. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
    Photo by MacroPolis

    Economy

    by half a percentage, from 2.3 percent in the previous official Greek estimate in the Stability Programme to 2.8 percent. At the same time, the estimate for this year’s growth is revised down to 2... that will also bring in 634 million in savings. Property related revenues, 142 million from revising

    38%
  2. FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
    www.mfa.gr

    PoliticsForeign Policy

    from Ankara’s side, especially following the signing of two memoranda with Libya. In this context... announcement said that talks centred on the situation in Libya and prospects of ending the civil

    38%
  3. Greece, Turkey launch new round of talks as Libya sea deal casts shadow
    Photo via www.mfa.gr

    PoliticsForeign Policy

    Foreign Minister Nikos Dendias is due in Brussels on Monday to attend the General Affairs Council which will focus, among other things, on the ongoing developments in Libya. According to media... in Libya on November 29, 2019. The inclusion of the memorandum’s sea zone maps in the UN's database

    38%
  4. Newsletter 224 -18/10/2019

    Newsletters

    this year and 2.2 percent in 2020. In the previous WEO, the growth estimate for 2019 was 2.4 percent. Next year’s estimate is unchanged. Despite the downward revision of this year’s growth estimate... the aggregate PIB balance landed on a deficit of 777 million euros. Eurosystem funding down by 699.8 mln

    37%
  5. New Democracy seeks to counter with marine parks and migration policy, rhetoric
    Photo by MacroPolis

    PoliticsGreek Politics

    of migrants. On Saturday, for instance, he posted on X that: “The illegal immigrants who entered from Libya... to take this emergency action after a massive increase in arrivals from Libya on Crete and nearby

    36%
  6. Storm fallout sweeps PM to crucial juncture early in second term

    PoliticsGreek Politics

    in Thessaly as only four of the 12 Super Pumas that Greece possesses are in a condition to fly... strain on public finances, with some estimates putting the total figure as high as 4 billion euros

    36%
  7. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    in the compliance report of the first programme review its earlier estimate pointing to a modest GDP contraction... performance, GDP should improve by 0.3 percent in Q3 and by 0.1 percent in Q4 for the full-year estimate... Statistical Authority (ELSTAT) flash estimates showed on Friday. According to previous ELSTAT figures, Q1

    32%
  8. Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
    Photo via NATO: https://flic.kr/p/23BLDJT

    PoliticsGreek Politics

    with Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had

    31%
  9. Housing tops government plans for policy reset in autumn
    Image: MacroPolis

    PoliticsGreek Politics

    Renovate-Rent” programme from September with the aim of assisting property owners with the upgrades... designed to offer incentives to the owners of some 600,000 properties estimated to by lying empty so

    30%
  10. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    . Specifically, the MoF adopts the EC estimate pointing to a 2.7 percent growth in 2017 fuelled by a 1.8... percent above last year’s estimate. It is projected to increase by 3.5 percent to 182.33 billion...) Increase in the excise tax on tobacco products, including electronic cigarettes (142 million) 6) Income

    29%