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  1. Newsletter 380 - 12/05/2023

    Newsletters

    cost more than 20 billion euros.EconomyLack of clarity over party's economic pledgesThe pre... on several occasions costed the programme at no more than 5.6 billion euros per year. During

    3%

  2. Budget primary surplus of 2.43 bln in April thanks to 1.64 bln tax outperformance
    Photo by MacroPolis

    EconomyMacroeconomy

    . The overall balance is better than the target by 3.03 billion euros. Revenues Net revenues for the period... more than the target. Expenditure In April, overall expenditure stood at 21.63 billion euros, below

    3%

  3. Markets buoyed by election result
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    and policy stability and continuity. The Athens Stock Exchange had an impressive bounce of more than 6 pct... and some banks jumping by more than 15 pct, as the sector was until recently seen as a weak spot

    3%

  4. Fresh elections on the cards as SYRIZA reluctantly confronts full scale of defeat
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    for the conservatives, compared to 17.3 percent for SYRIZA. That is a significantly wider margin than that recorded... to cooperate and, in a barb clearly aimed at PASOK, “celebrated harder than New Democracy

    3%

  5. Travel surplus continues to grow in March, up 55 pct YoY in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 100.2 million euros in March, from 106.8 million euros in February, according to Bank of Greece (BoG) data released on Tuesday. March’s balance was 95.5 percent higher than the 51.2 million euros registered in March 2022. Higher than the 8.3 million

    3%

  6. ND raises tax concerns in bid to prevent voters moving to PASOK
    Photo by MacroPolis

    PoliticsGreek Politics

    pct for more than 150,000, compared to a flat rate of 5 pct at the moment. The socialists argue... with private firms rather than investing in a more robust public network.

    3%

  7. Opinion poll offers Mitsotakis encouragement in quest for majority
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    programme will cost much more than they are willing to admit. SYRIZA leader Alexis Tsipras challenged... would cost around 20 billion euros rather than the 5.5 billion the opposition party claimed

    3%

  8. Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
    Finance Ministry

    EconomyMacroeconomy

    . The overall balance is better than the target by 3.32 billion euros. Revenues Net revenues for the period... euros, 459 million more than the target. Expenditure In April, overall expenditure stood at 27.37

    3%

  9. Unemployment unchanged at 11.8 pct in Q1, sharp fall in long-term jobless
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of long-term unemployed (more than 1 year) came to 290,200 people, representing 52.7 percent of the total unemployed. Alarmingly, the largest portion, 123,700, has not worked for more than four years

    3%

  10. Mitsotakis enters last week of campaign with confidence, high ratings
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    will win more than 150 seats on Sunday. Looking ahead, he suggested that his fourth big electoral... more than 150 MPs. Over the longer-term, though, the presence of another fringe party, particularly

    3%