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Mitsotakis and Erdogan break ice, look for calm summer
PoliticsForeign Policy, in constant and steady communication since last year when both sides were making efforts to defuse... and the Eastern Mediterranean. Erdogan’s comments also supported the assessment that 2021 will be a quiet year... with Ankara last year or even on migration. The issue of migration was also raised, with Greece expressing
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PM looking to build on RRF approval to augment profile as moderniser
PoliticsGreek PoliticsCommission has indicated that it expects 1 percent of GDP to be added this year, 2 percent next year and 2.5...-right party’s strategy as it reaches the halfway point in its four-year term and thoughts start
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Teachers threaten revolt over education bill as opposition gears up for summer confrontation
PoliticsGreek Politics, carried out on a two-year and a four-year cycle by a combination of school heads and subject advisors... evaluations were due to be completed at the end of the current school year, however it is reported
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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeaturesat the end of that year, this was accompanied by an increase of over 30 pct in the absolute volume of debt... acquired from Piraeus Bank the previous year for 430 million euros. Funds such as Apollo Global Management... strategists have been hinting at broadening this approach in the coming year, targeting domestic
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Deposits edged up further as they rose by 359 mln in May
EconomyMacroeconomydeposits of 56.2 billion euros. In May last year, net deposit movement was positive by 1.72 billion... deposit movement took the aggregate balance for the year so far to an increase of 4.68 billion euros. The aggregate figure for the same period last year showed inflows of 4.89 billion euros
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Flagship pension reform hits snag over transition cost
PoliticsGreek Politicsby 340 million euros, compared to just 93 million in the same month last year. Although it should... obligations this year. The total during the first five months of the year reached 2.9 billion euros
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Impact of Delta variant hampers government's plans
PoliticsGreek Politicsoptimistic scenarios for Greek growth this year are unlikely to materialise. The investment houses.... The Finance Ministry’s prediction of 3.6 pct growth seems a more likely guide for what to expect this year..., before the national procedures get underway. Greece is hoping to receive around 4 billion euros this year
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New tax debt at 2.9 bln in May, rising by 340 mln month-on-month
EconomyMacroeconomy, higher than the figure for the same period last year by 14.6 percent. New unpaid obligations from tax..., showing 791 million euros collected out of 921 million euros due. In the first five months of the year... of last year) stood at 106.6 billion euros in May. Compared to the previous month, this represents
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Surge linked to Delta variant causes jitters about tourism, return to school
PoliticsGreek Politicsfor the second year running through complacency and negligent planning. After Mykonos, a list... which the tourism industry fears could upturn any optimistic projections for this year’s season..., which were determined for the first time by a new system introduced earlier this year. According
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Economic sentiment rises above 111 pts in July but consumer confidence drops further
EconomyMacroeconomyin June. Consumer confidence is now roughly 2 points higher compared to July last year when it stood... for the third consecutive month. Since the start of the year, industry confidence has improved by 17.4.... Since the turn of the year, construction has recovered sharply, from -25.5 points.
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