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  1. Budget primary surplus confirmed at 1.46 bln in April, above target by 2.31 bln on higher revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros being incorporated to 2019 to cover the one-off payments related to the law 4575/2018... salaries by 330 million euros (mainly the one-off payments of law 4575/2018) and a rise in PIB

    2%

  2. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    . When excluding one-off items, namely the bank’s voluntary retirement scheme, PPI fell by 6 percent QoQ. PPI in Q1 2018 stood at 64 million euros. Excluding one-off items, PPI for the same quarter last

    2%

  3. Mitsotakis urges voters to give ND clear majority amid KINAL turmoil

    PoliticsGreek Politics

    to guarantee a strong government for the Greek people, one which can implement the necessary reforms quickly.... It will have to find a new message to present to voters, one that will be less divisive than the “many

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  4. ND to highlight range of policy proposals after emphasis on tax cuts
    Photo by MacroPolis

    PoliticsGreek Politics

    to gain and something to lose from a one-on-one discussion between its leader and the prime minister

    2%

  5. Outright majority in sight for ND as campaign takes detour through recent past
    Photo by MacroPolis

    PoliticsGreek Politics

    Democracy stands at 36 percent (one point higher than a week earlier), while backing for SYRIZA remains... that one or both might not enter Parliament, where the threshold for electing MPs is 3 percent. According

    2%

  6. EFKA fund data shows 30 pct in part-time jobs earning less than 400 euros on average
    Photo by MacroPolis

    EconomyMacroeconomy

    The Unified Social Security Fund’s (EFKA) latest employment data as of December 2018 has shown that around one in three employees earn a gross monthly wage of around 390 euros. The summary statistics.... With part-time work representing roughly 30 percent of the total, this is equal to almost one

    2%

  7. Mitsotakis, ND officials rebuff suggestion of credit line
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    could be used as a guarantee for one of the proposed institutional schemes to reduce banks’ NPLs via... in the enhanced surveillance. The idea of agreeing any kind of MoU is politically toxic at the moment and is one

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  8. Mitsotakis mixes old hands and technocrats to stamp reformist bent on cabinet

    PoliticsGreek Politics

    -on experience dealing with the banking sector of George Zavvos, one of three deputy finance ministers...’s pro-business credentials. Perhaps the most prominent role given to one of the “technocrats

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  9. New team at Finance Ministry tasked with familiar old juggling act

    PoliticsGreek Politics

    . Theodoros Skylakakis, the deputy minister responsible for government spending, is one of the non... the party since 2013. Mitsotakis’s may have made one of his shrewdest choices in appointing the highly

    2%

  10. Budget primary surplus at 382 mln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    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 that took place until June 2019

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