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PM adds minimum wage hike to pre-election promises, with hints of more to come
PoliticsGreek PoliticsThe turn of the year gave Prime Minister Kyriakos Mitsotakis an opportunity to reinforce the message that the government will continue to provide relief for hard-pressed households, as elections loom ever closer on the horizon. In what has become a patt...
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Opposition irate over watchdog briefing as govt hints at "rogue network" behind surveillance
PoliticsGreek PoliticsOpposition MPs stormed out of a meeting of the parliamentary committee handling the surveillance affair over what they claim is a concerted attempt by the government to cover up a politically motivated spying operation on domestic targets including jour...
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Kasselakis offers more hints of a positive narrative for SYRIZA's post-Tsipras era
PoliticsGreek PoliticsSeveral months after his surprise election to the leadership of SYRIZA, Stefanos Kasselakis has started sketching out the first lines that will distinguish his era from that of party founder Alexis Tsipras. Buoyed by encouraging signs from recent polls ...
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Mitsotakis hints at post-election policy tweaks to address economic concerns
PoliticsGreek PoliticsWith the cost of living and the economy dominating much of the public debate in the run-up to next week’s EP elections, Prime Minister Kyriakos Mitsotakis has started to sketch out several specific interventions that the government is mulling for after ...
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Budget exudes fiscal stability, but hints at political complications
EconomyMacroeconomyLast week’s five-day debate on the 2025 budget concluded on Sunday without any complications for the government, and the economic plan is certainly in line with the Greek authorities’ narrative that stabilising the economy is one of the current administ...
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
EconomyS&P on Friday reaffirmed Greece’s sovereign credit rating at ‘BBB’ with a stable outlook, citing confidence in the country’s fiscal discipline, solid economic growth, and an improving banking sector. In April, S&P was among the agencies that advanced Gr...
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
EconomyThe final budget execution to October confirmed preliminary figures, released by the Ministry of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros for the fourth straight month. The year-to-date previous revenue shortfall, which peaked to 1.61 billion euros
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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek Politicseuros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyGreece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands
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Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed
EconomyMacroeconomyThe rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat of Information Systems, which also revealed that most tax collection targets are being missed. The June
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