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  1. Athens gearing up for new bond issue amid favourable market conditions
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    of Greece’s debt to the International Monetary Fund before it matures. Friday’s Eurogroup decision..., where the latter issue will be taken up with the Fund’s managing director Christine Lagarde... there are more funds available for tax reductions and social spending,” he said. Tsakalotos’s comments

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  2. Unemployment rate edged up again in Jan, reaching 18.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate came to 18.5 percent in January, edging up from an upward revised rate of 18.4 percent in December, Hellenic Statistical Authority’s (ELSTAT) data.... Unemployment has now remained below 19 percent for six consecutive months. After December’s upward revision

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  3. In latest election pledge, Tsipras vows to ditch lower tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    be pointed out that at last week’s Eurogroup Greece appeared to have renewed its commitment to implementing... the magnitude of his party’s expected defeat next month, this would make the result of general election..., Tsipras referred to PASOK’s narrow victory over New Democracy in national elections in 2000 coming

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  4. Mitsotakis attempts to outmanoeuvre Tsipras over lower tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    could also reach an agreement with the country’s lenders to keep the tax-free threshold where... Parliament elections and the national vote due later this year. Similarly, Mitsotakis’s action seems... support it or reject it and hand initiative to the opposition. The response to Mitsotakis’s

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  5. Athens revises projections in Stabilty Programme, sees more fiscal space in coming years
    Photo by MacroPolis

    EconomyProgramme

    . Nevertheless, according to the Ministry’s calculations, growth will sustain its momentum accelerating... party’s chances and close the gap with New Democracy. The Finance Ministry is confident that it will be able to convince Greece’s creditors following four years of over-performance, which

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  6. Lenders highlight risks of 'short-term popular' measures unveiled by government
    Photo by MacroPolis

    EconomyProgramme

    as part of the third enhanced surveillance review suggested that Greece’s lenders will take some more... will be assessed with a view to compliance with agreed fiscal targets and consistency with Greece’s post... sustainability analyses.” On Thursday, the head of the International Monetary Fund’s mission to Greece, Peter

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  7. Payment plans for overdue debts launched as Athens looks for revenue boost
    Photo by MacroPolis

    EconomyProgramme

    boosting the government’s efforts to convince the institutions that Greece will be able to meet its fiscal targets this year. The government’s latest forecast is for a 4.1 percent of GDP primary surplus... by the government in the run-up to Sunday’s European and local elections. The creditors have already indicated

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  8. PBO sees fiscal target being reached despite expansionary measures
    Photo by MacroPolis

    EconomyProgramme

    In its quarterly report published on Wednesday, Parliament’s Budget Office (PBO) does not share the concerns of the country’s lenders about the impact of the latest expansionary measures on fiscal... that in turn translates into lower borrowing costs in Greece’s ongoing effort to sustain market access

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  9. Clash over judiciary persists as second round of local elections nears

    PoliticsGreek Politics

    to respect Greece’s institutions. On Thursday, Justice Minister Michalis Kalogirou wrote to New... Supreme Court president and prosecutor, whose terms expire at the end of next month. New Democracy’s shadow justice minister Nikos Panagiotopoulos responded negatively, sticking to the opposition party’s

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  10. Tsipras vows to cancel reduction of tax-free threshold as SYRIZA seeks way back

    PoliticsGreek Politics

    in protest at the government’s decision to not dissolve Parliament ahead of snap general elections... intervention, which was pre-legislated in 2017. Tsipras’s move is perhaps a sign of the desperate... as it searches for ways that it can claw back New Democracy’s advantage. This is in contrast

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