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  1. Tax revenues beat target by 3.16 bln in Sep, as contained spending leads to 6 bln primary surplus
    Photo by MacroPolis

    EconomyMacroeconomy

    performance has some 1.8 billion euros, as the rest as related to timing and accounting handling.... Overall, the PIB balance landed at a deficit of roughly 3.3 billion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount fully, with 571 million euros booked

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  2. S&P awards investment grade, bringing arduous cycle for economy to a close
    Photo by MacroPolis

    Economy

    to investment grade by DBRS last month, Greece now has two investment grade ratings from the four agencies... that Greece has a sizable cash buffer of 37.2 billion euros, or 17 pct of GDP. S&P expects the economy to grow... on December 1. Fitch has Greece one notch from investment grade with a stable outlook. In its latest review

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  3. VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
    Finance Ministry

    EconomyMacroeconomy

    million. Overall, the PIB balance landed at a deficit of roughly 3.3 billion euros. Greece has also... be attributed to certain timing and accounting standards. It added that there has been already a supplementary... supplementary budget that was tabled last week has 600 million allocated to spending tied to the damage

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  4. Parties diverge over Gaza conflict in wake of UN vote abstention
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    on the telephone. The government insists that throughout this time, Mitsotakis has emphasised... solution to the Palestinian problem. Opposition reaction Despite the government’s insistence that it has..., the government has been trying to stress that it is not one-sided in its approach to the Gaza conflict

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  5. Budget continues to outperform in Oct, paving way for 350 mln Christmas handout
    Finance Ministry

    EconomyMacroeconomy

    performance has some 1.8 billion euros, as the rest as related to timing and accounting handling and notes..., the PIB balance landed at a deficit of roughly 4 billion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount fully, with 750 million euros booked by October

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  6. Opposition parties accuse ND of manipulating inquiry into Tempe crash
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Democracy has been arguing that the matter should be left to the courts, while claiming... any potential threats. Christmas handout Prime Minister Kyriakos Mitsotakis has been keeping his... focus on this issue, however this has also allowed him to stand aloof from criticisms aimed at his

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  7. Lower repos push debt down to 402.88 bln in Q3, bonds rise by 2.5 bln

    EconomyMacroeconomy

    Loan Facility’s (GLF) bilateral loans attached to the first programme, which Greece has started... billion to the third bailout programme, which was signed in mid-summer 2015. Greece has also started... 2019 and has been falling since. The debt breakdown by residual maturity showed that long-term (over 5

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  8. Athens certifies improving mood in Greek-Turkish relations during Erdogan's visit
    Image: https://www.primeminister.gr/

    PoliticsForeign Policy

    , in the wake of the deadly earthquakes in Turkey in February, the mood between the two countries has... that Erdogan has rarely seemed so warm in his disposition towards Greece, even smiling on several... and build on the relative calm that has existed in Greek-Turkish relations over the last few months, even

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  9. Tempe rail crash charges reignite debate about scrupulousness of investigation
    Image: https://flic.kr/p/dvdX4P

    PoliticsGreek Politics

    , signed in 2014, for completion by 2016 – known as ‘Contract 717’. This contract has been... the rough start endured by New Democracy to its second term in office, there has been no direct... Party general secretary Dimitris Koutsoubas, who has a positive rating of 25.1 pct.

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  10. Budget marks return of trust, argues Mitsotakis
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    , and Prime Minister Kyriakos Mitsotakis claiming that his government has rebuilt trust within..., it is, in fact, highly significant because it shows that Greece has re-established trust abroad, but also that trust has returned between the state and its citizens. He went on to note that next year’s

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