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  1. PM looking to build on RRF approval to augment profile as moderniser

    PoliticsGreek Politics

    countries to get the green light. The plan foresees Athens receiving up to 30.5 billion euros in loans... percent after that. The government expects the first disbursements of up to 4 billion euros (around... Mitsotakis wants to hold up as emblematic projects and reforms, among the 175 in the entire plan

    4%

  2. Post-Covid era dawns on new landscape for bad debt in Greece
    Photo by MacroPolis

    EconomyFeatures

    of the total at the end of 2018. Cleaning up the banks’ balance sheets became a policy priority... by ceding the property to a specially set up state body. The scheme has yet to be tested, as the agency... up of commercial real estate. Sellers, including banks, servicers and distressed debt funds opting

    4%

  3. Newsletter 304 - 09/07/2021

    Newsletters

    , in keeping with the rising numbers earlier in the week and way up on last week’s figures. There has... in place just six months ago. The authorities are adopting a more proactive strategy to try and speed up..., and for the opposition to make up ground. New Democracy’s rivals were not shy in coming forward

    4%

  4. Crunch time nears for health system as Covid surge meets staff suspensions
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    without pay. Official figures show that up to 20,000 hospital workers (almost 20 pct of the total) have... workers, and has hinted that a list of sectors has already been drawn up in preparation. Among those lined up for the vaccine mandate are the emergency services, which have some of the lowest reported

    4%

  5. PM opts for unconventional choice to overcome snag at new ministry
    Photo via https://flic.kr/p/w51t97

    PoliticsGreek Politics

    Kyriakos Mitsotakis stepped up his preparations for this weekend’s appearance at the Thessaloniki... will be taking up in Greece. Government spokesman Yiannis Economou said that Stylianides is “perhaps... attempt to undermine the opposition party by scooping up one of its former associates. In comments over

    4%

  6. GDP shows strong recovery from lockdowns with 3.4 pct growth QoQ in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    grew by 22.6 percent, household spend was up by 13.2 percent and government spending was 6.1 percent higher due to increased support measures of up to 17 billion euros. Imports grew almost in line..., making up 91.7 percent of the total GDP in Q2, with private consumption representing 71.7 percent

    4%

  7. Short-term fix for electricity bills leaves open questions for green transition strategy

    Society

    factors have driven up the cost of gas and coal generation, which still make up half the domestic supply... schedule published by the grid manager ADMIE, up to 2,000 MW of lignite generation was slated to go... the end of the year. How far will this go, though? The government announcement assumes price rises of up

    4%

  8. Tax revenue overperformance in Sep confirmed, primary budget deficit at 5.96 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    in the MTFS. Even factoring those two elements, net tax revenues up to September are above the target by 1.36 billion euros. The budget balance up to September recorded a deficit of 10.15 billion euros..., consumption and income taxes categories outperformed up to the September period with corporate income

    4%

  9. Budget primary deficit to Oct confirmed at 7.18 bln, improving from 9.07 bln last year
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance landed at a deficit of 7.18 billion euros up to October 2021, compared... budget in Parliament last Friday. The budget balance up to October recorded a deficit of 11.5 billion... mainly thanks to tourist activity. Various VAT, consumption and income taxes categories outperformed up

    4%

  10. SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity

    PoliticsGreek Politics

    no let-up in the number of patients receiving intensive care. The opposition also picked up on comments... to be backed up by a new opinion poll. The survey carried out by ProRata for the ieidiseis.gr suggests... the same period, SYRIZA’s support has inched up to 25.5 pct from 25 pct, while centre-left KINAL

    4%