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Newsletter 401 - 10/11/2023
than 1 point behind them at 12.7 percent, up from 11.8 percent in September. Communist party KKE has also picked up a point, rising from 7.6 to 8.6 percent. Kyriakos Mitsotakis continues to be the most... line of the four systemic lenders up to September came close to 3 billion euros, suggesting
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Newsletter 403 - 24/11/2023
sustainability. The Finance Ministry sees growth of 2.9 pct in 2024, up from 2.4 pct this year. Once... that there is a big investment gap in Greece – a legacy of the debt crisis - and the pent-up activity will respond..., as the Finance Ministry sees total revenues at 68.38 billion euros, up from 65.2 billion euros
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Parliament starts debating censure motion as poll captures falling support for government
PoliticsGreek Politicsof concealing the dangerous state of the railways in the run-up to the deadliest accident on the Greek network and subsequently making a concerted effort to cover up the causes of the crash in which 57... of the accident to be cleaned up before a proper forensic investigation could take place, interfering
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Latest Tempe report kicks off political storm as government claims vindication
PoliticsGreek Politicsaccusations of a cover-up which have dogged the government and boosted the ratings of populist... that the claims of a cover-up had collapsed. Marinakis claimed that the findings dealt the final blow to what... the political debate which flared up at the start of the year, around the second anniversary
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Newsletter 467 - 20/06/2025
mainstream parties have seen marginal gains. SYRIZA lost 1.7 points, and undecided voters now make up 17.7%, up from 16.1%. Polls also reveal deep voter disillusionment. Nearly half (43%) say they will skip... up slightly to 25%. Meanwhile, 53% say no opposition leader presents a credible alternative. Voter
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How Greek banks could cut 2014 financing gap with a bond rollover
Economyenhancement of up to €5bn in the form of bank preference shares, while the second involved guarantees up... of the liquidity pillar was later increased up to €85bn and is currently the key collateral Greek banks use... on July 18, 2011. The preference shares, issued by banks and taken up by the Greek state, entailed
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammeleaves no scope for any notable increases in wages and pensions from current levels in the run-up... and 750 million respectively. c) Intra-governmental borrowing. Up to 3 billion of excess liquidity in general government subsectors could be utilised under a repo framework recently set up. d
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In survival bid, coalition seeks to ease taxpayer burden, secure early bailout exit
PoliticsGreek PoliticsThe government submitted legislation to Parliament on Thursday that aims to tie up several loose ends before the troika’s returns but also to live up to the pledge Prime Minister Antonis Samaras... their unpaid taxes and social security contributions (SSCs). Those owing up to 15,000 euros can pay
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Tsipras identifies first bills, domestic approval assured
PoliticsGreek Politicsit. This will contain provisions allowing up to 300,000 households living in poverty to receive free electricity and meal tickets. There will also be subsidised accommodation for up to 30,000 people. In its..., allowing them to pay off unpaid taxes or social security contributions in up to 100 instalments
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Newsletter 19 - 13/03/2015
. data. The technical team arrived on Thursday and, according to media reports, was holed up... representing Greece's creditors. Eurosystem funding hits €100bn mark ELA now makes up 63 percent... importantly, the funding mix has dramatically changed with emergency liquidity assistance (ELA) now making up
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