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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyinvestment spending appear higher at state budget level than it was. In a statement accompanying... that the Public Investment Budget (PIB) execution last year was better than 2018 because in the previous... general government spending on investments was 3.69 billion euros, which was 800 million euros more than
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KINAL launches leadership contest to settle internal disquiet ahead of elections
PoliticsGreek Politicsstance on foreign policy, migration and law and order. While his supporters see this as a return... for the loss of mass popular support and pledging to bring back the old logo and familiar green and white
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Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
Economyin order for the resulting capital benefits to banks to be incorporated in the ECB-EBA stress tests... amounts to 13.4 billion euros, 1.92 higher than that reported in Q1. This amount is almost equally split
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Coalition hopes it will have more than just Paris at the end of troika talks
PoliticsGreek Politicsto back down on a number of pending issues in order to secure an accord with the troika, which has... of a precautionary credit line) rather than the measures that Greece will have to adopt to get there. The prime
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Tsipras bet on recovery a long shot but offers better odds than snap polls
Agorathat more austerity measures are needed for 2018 and beyond in order to reach (and maintain) primary... to have no better political option than to proceed with the agreement and hope that he can ride
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PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid... at soaring selling prices. New order inflows were broadly unchanged on the month, while
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Newsletter 241 - 28/02/2020
enjoyed a degree of approval for its use of the police in support of its “law and order” stance against... is already in the order of 60-70 percent, and is expected to rise. While prior to the outbreak industry... include mostly electronic products, aluminium, mobile phones and toys worth 3.4 billion euros
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Value of HFSF participation in Greek banks falls to 17 billion
EconomyBankingperiod reflects a loss of 4.96 billion euros in Q2 more than offsetting the profit of 1.45 billion...) injected in Alpha, NBG and Piraeus in 2013. However, HFSF has received until now less than 350 million... of 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative
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Newsletter 405 - 08/12/2023
after individual taxpayers and small earners rather than corporations and wealth. The unpopularity... group is marketing itself as a more genuine voice for the left than SYRIZA under Kasselakis’s... realism that can change people’s lives” rather than “apolitical governance.” One of the key criticisms
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Current account deficit widens to 404 mln in March
EconomyMacroeconomyGreece's current account (C/A) deficit widened more than four times in March to reach 404 million euros, from 88 million in the corresponding period last year, according to the Bank of Greece (BoG... a sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services
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