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  1. Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings
    Photo by MacroPolis

    EconomyMacroeconomy

    2023. The overall balance is better than the target by 598 million euros. After the submission..., 38 million higher than the target, mostly thanks to corporate taxation. Tax refunds came to 6.08

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  2. Details of 2025 budget point to complex economic challenges ahead
    Image: MacroPolis

    EconomyMacroeconomy

    was estimated at 15.1 pct, more than doubling from the 7.1 pct growth of 2023. In fact, the Finance.... The government came to power also promoting itself as a more competent candidate than its predecessors

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  3. Greek politics goes from stability to state of flux
    Image: MacroPolis

    Agora

    Less than 18 months since New Democracy, Greece’s ruling centre-right party, won a comfortable victory in the general elections, leaving the two main opposition parties of the left, SYRIZA and PASOK... has suddenly become a lot more competitive than anyone expected. Nick Malkoutzis

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  4. PASOK pushes back against PM's refusal to tax excess bank profits
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    PoliticsGreek Politics

    than a one-off achievement, which would then open up the possibility of reducing taxes. Mitsotakis... is high, the gap between lending and deposit rates is higher in Greece than elsewhere. “Banks have

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  5. Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    in the 2019-2023 period, reaching less than one percentage point, with a 2023 negative saving rate of close... than 27 pct of those living in cities and just over 24 pct in rural areas. Denmark follows Greece

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  6. Boosted by seasonal jobs, unemployment at 9 pct in Q3 - lowest since 2009
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    Aegean at 3.1 percent. The number of long-term unemployed (more than 1 year) came to 242,000 people... not worked for more than four years, though dropping by 22.3 percent year-on-year. Most of the employed

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  7. PM intervenes on bank charges as budget attracts extra support
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    than 50 cents for a transfer of up to 5,000 euros. Also, from next year the ENFIA property tax... be welcomed by Greeks, given that such transactions in Greece are more costly than almost anywhere

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  8. Mitsotakis looks ahead to tax tweaks for middle class, welcomes back errant MP

    PoliticsGreek Politics

    the load for those earning more than 20,000 euros. One of the interventions being considered... taxpayers, less than one million declares incomes above 20,000 euros, a mere 11 pct. Compared to 2012

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  9. BoG sees sustained growth and progress, but challenges require policy drive
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    EconomyMacroeconomy

    inflation higher than the euro area average. GDP growth is projected at 2.3 pct in 2024, rising to 2.5... to businesses growing by 8.5 pct and household lending contracting at a slower pace than in 2023

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  10. Final Nov budget data reaffirms solid finances as underspend boosts primary surplus
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros, from a 1.03-billion-euro deficit in November 2023. The overall balance is better than... to 21.69 billion euros, 2 million higher than the target, mostly thanks to corporate taxation

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