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  1. 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

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  2. 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

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  3. 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

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  4. 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

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  5. 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

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  6. 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

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  7. ND seeks to capitalise on divergent views over defence procurements
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Rafale jets and up to 4 Belharra frigates from France, the debate around the procurements still... of the expenditure will end up remaining in the country. This point was also raised by KINAL, which also.... The government, however, insisted that the purchases were necessary to stand up to the threat posed

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  8. Uptick in retail sales accelerates to 23.8 pct in Dec, total rise for 2021 reaches 11.5 pct

    EconomyMacroeconomy

    in the previous year and a much-subdued festive season in sales. The index during 2021 is up... and pharma products up by 24.4 percent. Automotive fuel sales volume was up by 22.2 percent... is up by 11.3 points since March 2021. The overall economic sentiment (ESI) stayed broadly unchanged

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  9. Mitsotakis pledges more help to tackle inflation, calls for EU price cap on natural gas
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    risen above 2 euros per litre and household electricity bills were up by an average of 27 pct... the last couple of weeks, however, mean that the ruling conservatives will have to come up with a much... is also hoping that the EU will come up with an RRF-type solution to address spending on energy

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  10. PM yields on energy windfall tax as govt feels strain
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    for the ruling centre-right party fell to 27 pct from 28.5 pct in February. Support for SYRIZA edged up from 19.1... is handling this challenge. The economy is seen as the most important problem by 36 pct of respondents (up 4 points on February), followed by rising prices, which are worrying 29 pct of voters (up 5 points

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