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  1. PM aiming to unveil expansionary fiscal measures after Easter
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The government is preparing a series of permanent and one-off fiscal measures aimed at providing... to be considering reinstating a discount on the upfront payment of income tax. Among the one-off measures being... consecutive fiscal outperformances show there is room for permanent measures and not just the one-off

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  2. Budget primary surplus confirmed at 916 mln in May on higher expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    been incorporated to 2019 figures to cover the one-off payments related to law 4575/2018 that were not completed in 2018 (in non-allocated expenditures). The MoF said that these one-off payments... million euros (mainly the one-off payments of law 4575/2018) and increased PIB expenditure by 372

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  3. Hoping to deflect criticism, ND bolsters stimulus package ahead of new lockdown
    Photo by MacroPolis

    PoliticsGreek Politics

    furloughed workers and the unemployed. Of that, 675 million euros will be used for a one-off stipend of 800 euros each for employees who have been forced to stay off work. Meanwhile, 308 million will go... the retail sector leads to 5 billion euros being shaved off Greece’s GDP each month. Tsipras

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  4. Piraeus seals 400 mln NPE sale as banks gear up for more balance sheet transactions in 2022
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    value. NBG signed off last year with the completion of Frontier of a 6 billion euros book value, which... shift more than 5 billion euros off their balance sheets in the coming months, with the Hercules II... of the securitisations with the aim of helping banks shedding up to 30 billion euros off their books.

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  5. Government attempts to offer reassurance against winter energy shortages
    Image: https://www.flickr.com/photos/151653494@N04/

    PoliticsGreek Politics

    themselves on heightened alert for the prospect of Russia completely shutting off gas supplies. Skrekas... regulator RAE outlines the contingencies in a scenario where supplies of Russian gas are cut off entirely... of heating and cooling within a regulated temperature range, turning off heating and cooling outside office

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  6. Relief measures being lined up, but PM's eye also on reforms rollout

    PoliticsGreek Politics

    and 300 million euros will probably be needed to cover the cost of the one-off payment aimed at helping those worse off with the burden of rising prices. If this initiative goes ahead, it is widely expected... or for their one-off pension bonus to rise on retirement. Combined with the scrapping of the solidarity levy

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  7. PM prepares to set out policy agenda, SYRIZA gears up for leadership vote
    Photo by R/DV/RS via Flickr https://flic.kr/p/4JYvg5

    PoliticsGreek Politics

    their ballots to elect a new leader, although a second, run-off, vote is likely to be needed the following...-off vote, should she be facing one of the other candidates, or even make it into the run-off vote

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  8. PASOK leadership ballot draws attention away from PM's deepening rift with predecessors
    Image: https://x.com/kmitsotakis

    PoliticsGreek Politics

    ministers Pavlos Geroulanos or Anna Diamantopoulou making it into the run-off vote as they have more... that if Doukas is to have any chance of winning this Sunday’s run-off vote against Androulakis, he... that there will be a dip in the participation in the run-off vote, which could hamper Doukas’s

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  9. Androulakis shuffles pack in bid to leave SYRIZA behind and close gap on ND
    Image: MacroPolis

    PoliticsGreek Politics

    Doukas, who made it into the run-off vote against Androulakis, will have a say in the socialist party’s policy proposals. Following his comfortable victory in last Sunday’s run-off vote, Androulakis... the party was that he was too reliant on a small team of advisers, shutting him off from the views of other

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  10. Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 7.2 percent to 95.9 million. Overall figures The Greek Tourism Confederation’s (SETE) annual figures showed that in 2018, international arrivals at Greek airports rose by 12.9 percent. In total... arrivals for the month of June, with arrivals coming to 4.1 million visitors for the month

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