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  1. Newsletter 251 -22/05/2020

    Newsletters

    , the situation is highly uncertain as there is only preliminary data on budget execution for April... that will replenish and keep the cash reserves at high levels. The Greek Parliament Budget (PBO) issued its first

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  2. 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

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  3. 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

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  4. Trouble from Turkey prompts plans for extra defence spending after years of cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    recent years, when Greece’s defence budget had been trimmed – in real terms – as the country’s economy... the weekend suggested that the Finance Ministry was aiming to present a balanced draft budget for 2021

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  5. 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.

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  6. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    of the year. This is its base case scenario, which is also reflected in the draft budget for next... Budget Office, see the disappointing tourism season being a major drag that could push third quarter GDP

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  7. Latest market foray for 15-yr bond attracts strong investor interest with record low yield

    EconomyBanking

    budget that was tabled to Parliament earlier in the month, the PDMA gave some guidance of its debt..., with more details forthcoming in the final budget next month.

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  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

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  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

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  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

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