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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomyin May make up 44.3 percent of total. Since last December they jumped by 416 million or which 74... million year to date to 734 million making up 14.6 percent of total arrears. State budget arrears... to date to 50.6 billion. Overall, bank-related guarantees reached 86.7 billion in May making up more
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Car sales rise by 21.7 pct in June for fifth straight increase above 20 pct
EconomyMacroeconomyin the past four years (since May 2011). Passenger cars, up 22.1 percent to 11,040, make up more than 86... at 66,422 in the 6-month period with passenger cars up by a similar rate to 55,054 corresponding
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Tsipras gets strong mandate for deal in Brussels but left with political conundrum at home
PoliticsGreek Politicsfor the measures needed to back up an agreement but the lenders can argue that the current... to Tsipras is to enforce a rule that SYRIZA MPs were forced to sign up to before they entered Parliament, which requires then to give up their seat if they leave the parliamentary group. This could
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Greece trying to redefine its diplomatic role in the Western Balkans
PoliticsForeign PolicyForeign Minister Nikos Kotzias’s recent tour of the Western Balkans has ended up causing... of a special office for economic and trade cooperation between the two countries. It will be set up either... Merkel's recent tour of Albania, Bosnia and Serbia – has also picked up over the last few weeks
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Refugee crisis poses multiple political challenges for Tsipras
PoliticsForeign Policyfailed to set up a service to manage some 500 million euros for addressing immigration challenges. Tsipras said it was agreed during Friday’s meeting that the service would be set up in the next few days.... The United Nations called on both Greece and Europe to step up their response to the problem after its
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Economic situation biggest worry for Greeks, latest Eurobarometer shows
SocietyEuropeans (38 percent), immigration is now seen as the main issue facing the EU in 20 member states (up... what kind of image the European Union conjured up, 37 percent of Greeks said it was negative, way... now left the group made up of Cyprus (42 percent) and Austria (36 percent) where the respondents
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A breakdown of Greece’s revised financing needs as part of its new ESM programme
EconomyProgrammethe previous assessment. 2) Cash buffer for deposit build-up of 7.6 billion compared to 4.5 billion...-up of deposits also incorporates replenishment of IMF SDR holdings of 770 million that Greece had... billion similar to those incorporated in the previous EC report. Summing up, Greece gross financing
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Tsipras hints at post-election scenario of grand coalition, without him as PM
PoliticsGreek Politics-election scenario conjured up by Tsipras’s comments is of grand coalition that could include SYRIZA, New... figure would gain ground. As a result, the election campaign may well end up being about which party (SYRIZA or New Democracy) can get its nose ahead and gain the stronger say in who will lead and make up
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SYRIZA and New Democracy neck-and-neck as post-election scenarios become clearer
PoliticsGreek PoliticsSYRIZA is expected to step up its campaign after a new round of polls showed it having a minimal...). It should be noted, though, that 30 percent of those questioned said that neither of the two are up... to pick up the strength of the “No” vote. However, there are certain clear indications in the opinion
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Tsipras looks for traction with elections finely balanced in final stretch
PoliticsGreek Politicsare still undecided, is that SYRIZA can lead a clean-up of Greece’s politics and tackle corruption... in this campaign and that it could end up being pipped at the post. Out of five surveys published since... of voters are undecided and it appears that the biggest pool of those yet to make up their minds
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