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  1. PM sets out path to next elections as PASOK restores traditional name

    PoliticsGreek Politics

    and political brand, had become a millstone around the party’s neck. Androulakis said that more than 170,000

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  2. Newsletter 65 - 04/03/2016

    Newsletters

    of a primary surplus of 3.5 percent of GDP. In contrast, the EC and the government estimate a lower... percent contraction it foresaw in its flash estimate on February 12. The reported figures point... lower than the initial estimate incorporated in the third bailout programme of a recession of 2.3

    8%

  3. Great Expectations: Is Greece 2.0 hitting the target?
    Photo by EC - Audiovisual Service

    EconomyFeatures

    . It also makes it less likely that Greece will achieve the aspiration of narrowing the investment gap... Commission estimates that in 2022, Greece’s GDP was 2.1 percent higher than it would have been without..., the growth estimates from ELSTAT from the fourth quarter of 2023 capture a worrying investment slowdown

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  4. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Athens now sees 2017 growth settling at 1.6 percent, well below the initial estimate. The Finance...). In fact, private consumption only grew by half the original estimate, 0.9 percent. Investment also reached just over half the estimate, increasing by 5.1 percent. The growth of exports did

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  5. Amid flare-up with PASOK, Tsipras makes plans to govern
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    SYRIZA leader Alexis Tsipras has sparked a new war of words with PASOK after saying that Socialist MPs who quit their party would be welcomed by the leftists but the row has overshadowed his attempt to set out – albeit sketchily – what he might do in hi...

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  6. Tsipras makes unpopular choice for president, with eye on political balance
    Photo by MacroPolis

    PoliticsGreek Politics

    In a somewhat controversial choice, Prime Minister Alexis Tsipras chose former Interior Minister Prokopis Pavlopoulos as his party's presidential candidate yesterday. There was a mixed reaction in SYRIZA's parliamentary group when Pavlopoulos, a New Dem...

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  7. Tsipras makes his point in Moscow but leaves with nothing tangible
    Photo by Vicente Villamón via Flickr https://flic.kr/p/6MoX4Y

    PoliticsGreek Politics

    The meeting between Greek Prime Minister Alexis Tsipras and Russian President Vladimir Putin in Moscow on Wednesday failed to produce the kind of developments that would put relations between their two countries on a different footing. Tsipras’s visit w...

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  8. Tsipras makes move to trigger swift elections but opposition stands in way
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Alexis Tsipras resigned on Thursday night to pave the way for snap elections but the opposition parties indicated that they would do their utmost to ensure that he does not have things his way. In a televised speech, Tsipras claimed that the mandate he ...

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  9. Alpha makes 1.09 bln bond swap offer to boost capital
    Photo by MacroPolis

    EconomyBanking

    Following Piraeus Bank a few days ago, Alpha Bank announced on Wednesday a voluntary exchange of 1.09 billion euros (nominal value) outstanding bonds. The offer involves 985 million euros in senior debt, 70 million subordinated debt and 31 million hybri...

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  10. Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
    Photo by MacroPolis

    EconomyBanking

    Eurobank became on Thursday the third Greek bank to announce a Liability Management Exercise (LME) involving a voluntary exchange offer for a total nominal value of 877 million euros in outstanding bank bonds. The offer relates to 532 million senior bon...

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