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Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
EconomyMacroeconomywas noted, coming to 42.85 billion or 913 million lower than the target. PIB PIB revenue stood at 53... by 818 million. Overall, the PIB balance posted a deficit of 1.68 billion, 154 million better than
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PM stands ground on property auctions despite broad concern
PoliticsGreek Politicsby banks. Despite new protest action by notaries, auctions involving individuals, rather than banks... properties worth up to 280,000 euros out of banks’ hands if their owners’ debts are less than 200,000
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Talks on Macedonia name issue to be ramped up but Kammenos unmoved
PoliticsForeign Policy. Nikos Kotzias and his FYROM counterpart Nikola Dimitrov have already met more than three times... of MPs, rather than a “majority of parties” will be required, suggesting that SYRIZA will indeed
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Countdown begins for multi-bill, coalition eyes minimum wage increase
EconomyProgrammebenefit, which will be limited to no more than 35 euros per month. The minister said that the healthy... of around 1 billion euros at the end of the year after revenues performed better than expected
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Conclusion of third review closer as extensive bill tabled by coalition
EconomyProgrammeactions. The draft legislation, which contains 400 articles and stretches to more than 600 pages... reduced but Finance Minister Euclid Tsakalotos argued that there are more positives than negatives
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Unemployment rate at 20.7 pct in October, previous month revised upwards
EconomyMacroeconomyis 109,584 higher than that for the same time last year. The number of unemployed decreased by 4,528... between 17.5 and 21.9 percent. The IMF sees unemployment at 21.9 percent for 2017, lower than the OECD
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Lenders wait for prior actions to be completed, Athens expects 4.5-bln tranche
EconomyProgrammeis disbursed in early February by the ESM, this will still leave more than 28 billion euros for the institutions to play with. While the January 22 Eurogroup may decide to release more than the amount
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Coalition hits some turbulence but expects cohesion for multi-bill vote
PoliticsGreek Politicsof more than 13,500 euros would receive less child support under the government’s proposed scheme. She...” be better than last year. Nevertheless, only 34 percent of respondents were in favour of snap
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SYRIZA looks towards bailout finishing line and beyond
PoliticsGreek Politicsthat this represented the wishful thinking of the opposition rather than news. Nevertheless, this remains a potential... yields for Greek bonds and the fact the IMF lends to Greece at a much higher interest rate than
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S&P sees improved fiscal and growth prospects, raises credit rating to 'B'
Economyconservative than the Greek government’s forecast. The new rating is also supported by the low cost of debt.... The average maturity of Greece’s debt stands at more than 18 years and is the longest
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