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  1. Bond issue mulled amid pressure from judiciary clash, Varoufakis claims
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in the Noor 1 drug smuggling case. Parliament was due to debate on Friday whether to set up... into the alternative plans drawn up by the SYRIZA-led government in the first half of 2015. This has been... in the autumn and some extracts have been picked up on by the local media. Although Varoufakis does

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  2. Overdue social security contributions increase 827 mln to 23.3 bln at end of Q2

    EconomyMacroeconomy

    at the end of the second quarter (Q2) of 2017, up from 22.49 billion at the end of the previous... of overdue SSCs in up to 100 installments. Collection The collection of contributions remained above... increased by 13.9 percent. It is noted that revenue collection in 2016 stood at 820.2 million, up

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  3. New overdue tax obligations reach 727 mln in June, total at 95.6 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt rose by 727 million euros in June, up slightly from 717 million euros in May... categories rose by 692 million in June, picking up pace from the figure of 599 million in May... at entailing revenues of 28.1 million. Authorities are stepping up confiscations of deposits, wages

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  4. Budget primary surplus at 3.05 bln in 7-month, above target on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2017, up by 12.4 percent from last year’s figure of 2.72 billion, the Finance Ministry (MoF... in the seven-month period edged up slightly to 968 million from 55 million for the same period last... the target. PIB PIB revenue rebounded after three consecutive weak months, standing at 228 million, up

    3%

  5. Budget primary surplus at 3.55 bln in 8-month, below target on lower revenues, higher tax refunds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (MoF) preliminary budget execution bulletin showed on Thursday. The eight-month primary surplus up... in the eight-month period edged up slightly to 970 million from 58 million for the same period last year... by 60 million. Meanwhile, interest payments edged up slightly by 0.3 percent to 4.82 billion

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  6. Tsipras urges swift conclusion of review but doubts linger
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the year, which is when the institutions would also like to wrap up matters. Tsipras chaired... to speed up the prior actions. The government is encouraged by the fact that most... that will be taken up. However, the coalition is also aware that it will be more complicated to satisfy some

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  7. An unsettling role-reversal for Greece and Germany
    Photo by Andrea Bonetti/Fosphotos

    Agora

    , there was a noticeable rise in August and September. Nearly 3,600 people arrived in August (slightly up on last year... will have very little leeway to take Macron up on his proposals regarding the eurozone, although... there live up to their pledges, completing the disconcerting role-reversal that is unfolding. Nick

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  8. Athens rushing to reduce arrears and secure 800 mln in bailout funds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in July. Up to September this year, the Finance Ministry had transferred for this purpose a total... (up to the end of July) 736 million of arrears have been paid out from a total 1.25 billion of funds released in 2017 for this purpose up to September. Greece has committed to clearing all arrears

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  9. Wolfgang at the door
    Photo by EU/Fosphotos

    Agora

    is that sticking to the rules builds up trust,” Schaeuble told the FT. “That’s the reason that domestic demand... of austerity measures should be reduced. “Keep up or get out” seemed to be the message throughout the last... that built up trust and generated growth. And I would argue with anyone — even more strongly now after eight

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  10. Tsipras sets off for USA as prior actions, e-auctions dominate at home
    By Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the possibility of the pension cuts and the tax-free threshold reduction lined up for 2019 and 2020 being... trepidation as it sees such demands as the greatest threat to holding up the review, which it would... December. The government and Greek banks have come under pressure from the institutions to speed up

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