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ELTA CEO resignation fails to stem political fallout from post office closures
PoliticsGreek Politicsvoters have been complaining about rural abandonment. Rural voters say that this is the latest... sensitive time. Deputies from rural constituencies have been at the sharp end of complaints from voters over
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Farmers’ protests escalate as political veterans express concerns about democracy
PoliticsGreek Politicsthe depth of rural anger and placed fresh pressure on Prime Minister Kyriakos Mitsotakis’s administration..., while opposition parties are eager to amplify rural grievances. For now, the farmers’ mobilisation... the spectre of democratic erosion at a time when the government is already under pressure from rural unrest
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Government fails to break deadlock in dispute with farmers as SYRIZA loses MEP
PoliticsGreek Politics. On Wednesday, Deputy PM Kostis Hatzidakis and Rural Development Minister Kostas Tsiaras tabled a package... turned its back on producers and rural communities, while accusing the government of using divisive... from several blockades across the country had written to the rural affairs minister to request
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Farmers threaten more action after inconclusive meeting as Karystianou courts controversy
PoliticsGreek PoliticsDecember, reflects deeper strains in Greece’s rural economy. Rising fuel and electricity prices have... become a flashpoint. For Mitsotakis, the timing is delicate. With elections approaching, rural discontent.... For the government, limiting concessions preserves credibility but risks alienating rural voters
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Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow
EconomyMacroeconomya surplus of 529 million in Q1 from a deficit of 1.1 billion last year. Nevertheless, the year to date... contributor (56 percent) to the total figure. Hospitals’ arrears are following suit at 885 million accounting for 17 percent of total arrears. It is noteworthy that the bulk of social security funds’ arrears
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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingdeposit rates show there is difference of 35 bps between the front and the total book, suggesting further... 441 branches (26 percent of total) have been shut down over the past 12 months. The bank says it has... of 25.7 percent showed the highest quarterly growth (1.1 pp), followed by business loan NPL (+0.5 pp
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economyof the agreement and a total of 51 percent will be paid by 2018. HRADF also said that the preferred investor accepted to undertake 8 billion euros in total investments, of which 80 percent will be implemented... of shopping centres and offices, while the share of recreation activities and hotel operations to total
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Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4
EconomyMacroeconomypercent of total), while for more than 432,000 taxpayers the tax obligation exceeded 1,000 euros for a total amount of 1.1 billion (40.4 percent of total). Overall, 6.39 million individuals were due... 200 euros each for a total amount of 236.5 million. The breakdown also showed that another 3.07
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Newsletter 92 - 14/10/2016
to approve the disbursement of 1.1 billion euros to Greece. The funds will be formally paid out... production by 4.6 percent, which accounts for around 21 percent of the total index that more than... percent weighting in the total index. The seasonally adjusted IPI rebounded 0.4 percent from
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Newsletter 114 - 07/04/2017
. Manufacturing PMI dropped by 1 point to 46.7 in March, almost offsetting the increase of 1.1... of the Independent Authority for Public Revenue (IAPR). The figures showed that 2 percent of the total tax debt... 3,000 euros each. At the other end of the spectrum, just 16,290 taxpayers (0.4 percent of total) owe
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