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PM unveils 300 mln support package, pairing economic relief with major defence upgrade
PoliticsGreek Politics, with a budget of 15 million euros, while ferry companies will be compensated for mandatory discounts... 100 and 500 euros to 20 pct and on winnings above 500 euros to 30 pct. The measure is expected to generate around 100 million euros on an annual basis. The government’s decision to opt for targeted
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In bid to polish SYRIZA's image, Tsipras visits Mount Athos monks
PoliticsGreek Politicstriggered an embargo on Union imports by Moscow. There is a connection between the two in the sense... about SYRIZA’s criticism of the EU’s approach to Russia. The embargo could cost Greece as much
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They have a name for it
Agorain a nationalist fervour, with huge demonstrations and a 19-month trade embargo against the newly founded State. It only lifted the embargo when its neighbouring state changed its first flag. Greece and FYR
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Athens moves on after Berlin Conference absence, seeks more active role in Libya developments
PoliticsForeign PolicyIn Greece’s absence, the Berlin Conference ended on Sunday with an agreement among all the participants to respect a much-violated arms embargo, to hold off on military support to the warring parties... arms embargo it was tasked with protecting. “There’s an agreement in the Council in order to revive
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Athens goes along with EU over Libya, waits for Turkey's move at UN
PoliticsForeign Policythe deployment of warships to enforce the United Nations arms embargo on Libya. According to the EU foreign... that this operation will have as a goal the implementation of the arms embargo imposed by the United Nations
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Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show
EconomyBudget execution to August showed revenues outperforming monthly targets by 490 million euros... significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Moreover, a Jan-Aug primary surplus of 1.42 billion and a budget deficit of 3.94 billion continued to outperform
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Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target
EconomyMacroeconomyGreece’s budget primary surplus for the first two months of the year reached 1.24 billion euros, down 40 percent, according to the Finance Ministry (MoF) final budget bulletin. Tuesday’s figures... (by 731 million), higher Public Investment Budget (PIB) balance (by 318 million) and higher tax refunds
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Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure
EconomyMacroeconomyGreece’s 3-month budget primary surplus was confirmed at 1.73 billion euros, up 12.4 percent, according to the Finance Ministry (MoF) final budget bulletin published on Friday. Preliminary figures... Budget (PIB) surplus (857 million). This offset the lower revenues for the period (389 million
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Budget primary surplus of 1.19 bln in Jan markedly better than target
EconomyMacroeconomyGreece’s budget primary surplus rose to 1.19 billion euros in January from 443 million last year, the Finance Ministry (MoF) preliminary budget bulletin displayed on Monday. The marked improvement primarily reflects a sharp increase in the Public Investment Budget (PIB) surplus to 430 million (from
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Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
EconomyMacroeconomyGreece’s budget primary surplus rose by more than 29 percent to 2.72 billion euros in the 4-month...) final budget execution bulletin showed on Friday. The headline number is 339 million euros higher than... of the Public Investment Budget (PIB) revenues by a similar amount to 1.91 billion from 1.57 billion
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