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Strong income tax revenues and contained spending maintain budget outperformance in May
EconomyMacroeconomy. The total budget balance by May showed a surplus of 1.88 billion euros, from a 535-million-euro deficit
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Fresh inquiry looms as file on farming subsidy investigation reaches Parliament
PoliticsGreek Politicsin the file against a total 15 members of Parliament named in the prosecutor’s file, 13 of whom belong
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ND in danger of being blown off course by farming subsidy scandal
PoliticsGreek Politicssystem and network of fraudulent activity. A total of 15 MPs are named in the case file, including 13
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Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
EconomyMacroeconomyBuilding activity tumbled in March with a collapse of 41.3 percent year-on-year, after a sharp drop of 21.9 percent YoY seen in February, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in March reached 2,206, from 3,756
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Deposits resume rise in May, reaching 199.61 bln
EconomyMacroeconomyincreased by 867 million euros. Total deposits, which also include the general government
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Mitsotakis tries to stem subsidy scandal damage as opposition smells blood
PoliticsGreek Politics500,000 in total.
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Government vows to recover embezzled subsidies in bid to stem damage from scandal
PoliticsGreek Politicsthat voters would judge New Democracy on its total record rather than the single issue of the subsidy
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Athens steps up efforts to build links with Libya as EU steps in to assist
PoliticsForeign Policyto support Libya in dealing with migration, with a total of 465 million euros committed between 2015
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Trade deficit falls sharply in May, at 13.41 bln in 5M
EconomyMacroeconomydecreased by 6.9 percent, bringing the total to 13.41 billion euros. Imports dropped by 5.3 percent, while
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Opposition sees ND’s call for broader subsidy inquiry as attempt to muddy waters
PoliticsGreek Politics, meaning that there were 13 changes in total. Three of the new appointments were at the Agricultural
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