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Controversial migration bill divides government factions
PoliticsGreek Politicsfor a migration system which makes Greece “big and strong” rather than “small but clean”. Kairidis had... to expel all migrants who enter the country illegally. Plevris argued that “there is no regular
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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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Newsletter 57 - 08/01/2016
the number of unemployed has contracted by 123,200, mainly on the back of a strong tourism season... miracle worker, or “Harvard-educated free-market reformer”, as the Wall Street Journal describes him.... The Wall Street Journal writes that Mitsotakis won “respect from Greece’s creditors for his efforts
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Equivocal Macedonia name referendum leaves Athens hanging on as views differ
PoliticsGreek Politicssettlement in the months to come or whether the process has hit a brick wall as a result of the turnout... Minister Zoran Zaev had been hoping that a strong turnout would give the deal legitimacy and force his... Agreement may hit a brick wall. If Zaev somehow manages to make headway, the prospect of the pact
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Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
EconomyProgramme, Eurogroup president Mario Centeno confirmed that the eurozone ministers gave Greece’s budget the green light... are committed to a sound fiscal path.” However, as expected, Centeno stressed that the focus will now.... “Further progress is clearly needed in some areas,” said Centeno. “This includes privatisation
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomyin October from 7,730 in September and 6,850 in October 2013. Following another strong reading... (+29.6 percent) in line with the total headline figure. All indications point to a strong double-digit... in 2014 is mainly attributed to strong tourism, which led to larger rent-a-car fleets, as well
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Strong resistance within SYRIZA leaves Tsipras with tough juggling act
PoliticsGreek Politicsa strong presence on the 11-member political secretariat. Six of the seats went to the members from... is that his government and its agreement with Greece's creditors still have strong public backing... the elections, he may create a strong enough platform to fend of the dissenters within his party. Even
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomya strong underspend (by 1.91 billion) coupled with a revenue outperformance of 1.54 billion. The Public... of the personal income tax. As we have previously noted, the strong revenue collection could... the release of final budget execution bulletin due after October 20. Following the strong performance
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
Economy. However, investors’ concerns seemed to be alleviated on Friday, leading to a strong rebound of 4.2... over the last the last four weeks, mostly reflecting the strong rebound in the previous week. Banks... losses stood at 1.3 percent, slightly trimming the strong gains posted in the past four weeks to 11.8
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Manufacturing PMI dips slightly to 53.6 pts in September as sentiment remains strong
EconomyMacroeconomygrowth was also strong, as manufacturers reported that foreign and domestic client demand remained strong. Input cost inflation softened from June’s peak and fell also to a five-month low. However... remained strongly positive as firms reported strong demand. Additionally, Greek manufacturers expressed
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