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  1. Amid lack of communication, overflights add to Greek-Turkish tension
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    neighbourliness and to respect, rather than systematically violate, international law. Athens... of a moratorium to be agreed during the corona crisis but it was soon revealed that the Turkish side did

    25%
  2. Govt pushes tourism message, digests EU stimulus proposal
    Photo by MacroPolis

    PoliticsGreek Politics

    billion euros in grants (more than 10 pct of annual Greek GDP) and 9.4 billion euros in loans... with nine other European leaders to call for a “Corona-bond.” Although the Recovery Fund would

    25%
  3. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    to be voted on December 5. Macro assumptions Following the better than expected preliminary GDP figures... government forecasts for 2015 are much better than the latest European Commission (EC) and the OECD... billion euros in 2015 from 317.12 billion in 2014 as the bank recap cost of 10 billion is more than

    24%
  4. Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was confirmed at 3.72 billion for the month of July, higher than the figure of 3.85 billion in June and roughly 3.3 percent lower than the figure for the same period last year. The aggregate figure... million. The corresponding expenditure stood at 277 million, under target by 78 million and leading

    24%
  5. Newsletter 454 - 07/03/2025

    Newsletters

    for interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against and 4... billion euros of bids from a diverse investor base, with 270 accounts participating and more than 80... in July 2013. The number of employed also rose by more than 60,000 annually, leading to total

    24%
  6. Central gov't cash deficit down to 1.14 bln in March

    EconomyMacroeconomy

    improves to 932 million. Nevertheless, the latter stands 634 million lower than the 3-month preliminary numbers released by the Ministry of Finance on April 14. More than half of the deviation is related... basis. The remaining difference (277 million) is owed to changes in the state accounts with the BoG

    24%
  7. Market value of HFSF's bank holdings plummets by 11 bln in 2014
    Photo by MacroPolis

    EconomyBanking

    market value fell further in the course of 2015. By the end of April, it had dropped by more than one-third to around 7.5 billion, corresponding to a drop by more than 4 billion compared to the end-2014... in 2013) with cumulative collections at just 277 million, while the cumulative impairment amounts

    24%
  8. Newsletter 230 -29/11/2019

    Newsletters

    . The bill was tabled late on Tuesday after more than a dozen changes were made to the draft... as of the end of October, stood at circa 277 percent of the quota and an outstanding debt of just over 9.... The amount due to the IMF stood in excess of 2 billion euros and was significantly higher than

    24%
  9. Greek travel receipts rise 9.1 pct in January as surplus doubles
    Photo by MacroPolis

    EconomyMacroeconomy

    increase of 5.8 percent, rising to 159.1 million. As a result, the January travel surplus more than... to 277 euros. The breakdown of incoming tourist activity by country showed strong growth in arrivals

    23%
  10. Court ruling on pension cuts could create new problem in talks, fiscal plans
    Photo by MacroPolis

    EconomyProgramme

    sector pensions stood at 2.35 billion euros in March. The bulk (more than 88 percent) involves main pensions of a total amount of 2.07 billion and the remaining 277 million relates to supplementary

    23%