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  1. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed on Friday evening. The fiscal performance largely reflect...

    6%

  2. Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding headed south for the twentieth straight month in February, albeit at a slower pace by 1.13 billion, following a decrease by 3.61 billion in the previous month, the Bank of Greece's (BoG) monthly financial statement reveal...

    6%

  3. Primary cash surplus almost halves to 1.1 bln in 2-month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash surplus fell to 1.11 billion euros in the 2-month period of 2017 from 2.09 billion a year ago, Bank of Greece (BoG) figures showed on Friday. This year’s figure includes arrears’ repayments of 78 million. However...

    6%

  4. Deposit inflows increase to 1.1 bln in June
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The deposit flow in the Greek banking system remained positive for the second straight month in June with inflows increasing to 1.09 billion from 638 million in May, Bank of Greece (BoG) figures revealed on Thursday. As a result, the outstanding balance...

    6%

  5. Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...

    6%

  6. ELSTAT survey finds 2013 household budgets devastated, inequality persists
    Photo by Harry van Versendaal

    Society

    in the rural than the urban areas. The average monthly expenditure in the urban areas fell 7.1 percent in 2013 and 28.6 percent since 2009. In contrast, the figures for the rural areas posted almost the half... is consistently above that in rural areas, yet the deviation significantly narrowed over the past

    6%

  7. Government on alert again as farming subsidy probe zeroes in on two ex-ministers

    PoliticsGreek Politics

    the alleged involvement of two former rural development ministers, reported to be New Democracy’s.... “There was a central mechanism at OPEKEPE and at the (rural development) ministry directing them,” the opposition... that this penalty was for administrative failures is not convincing and called for the current Rural

    6%

  8. Resignations over EU subsidy scandal deliver new blow to PM, further tarnishing image
    Image: @kmitsotakis

    PoliticsGreek Politics

    Hatsivassileiou, Deputy Rural Development Minister Dionyssis Stamenitis and Deputy Digital Governance Minister Christos Boukoros, as well as the Rural Development Ministry’s general secretary, Giorgos... that the former head of OPEKEPE, Grigoris Varras, twice informed Voridis when he was the rural

    6%

  9. Opposition takes aim at PM's inner circle over subsidy fraud as scandal halts ND rebound

    PoliticsGreek Politics

    payments, it has emerged that the instruction was overridden a few months later when a new rural... the high turnover at the top of the organisation and in the rural development ministry which oversees... appears in the EPPO file to have warned the then minister of rural development Makis Voridis

    6%

  10. ELTA CEO resignation fails to stem political fallout from post office closures

    PoliticsGreek Politics

    voters have been complaining about rural abandonment. Rural voters say that this is the latest... sensitive time. Deputies from rural constituencies have been at the sharp end of complaints from voters over

    6%