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  1. Retail turnover falls by 2.3 pct in Feb, volume drops by 3.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . The headline figure means that the index has remained negative for three consecutive months so far.... As with the retail index, the volume index has stayed negative for three consecutive months. Compared..., consumer confidence has improved notably by 20.5 points.

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  2. PM aiming to unveil expansionary fiscal measures after Easter
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    “social dividend” that the government has been paying out before Christmas each year. They also suggest... to their constituencies for the Easter break. However, adopting the measures now also has the added... taxes after national elections later this year. Opposition leader Kyriakos Mitsotakis has made

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  3. S&P keeps rating at 'B+' and highlights obstacles to competitiveness

    Economy

    agreement in June last year when the parameters for the debt relief were agreed but has kept... its view that Greece has one of the most advantageous debt profiles of all its rated sovereigns... tied to further debt relief measures in the near term and in the future has put in place enough

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  4. New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    the Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first... million month-on-month, which was for the large part driven by rises in new debt. Total debt has now.... The IAPR has set a goal for the collectability rate to reach 81.5 percent in the first quarter of 2019.

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  5. Athens revises projections in Stabilty Programme, sees more fiscal space in coming years
    Photo by MacroPolis

    EconomyProgramme

    . Although Greece has committed up to 2022 for a primary surplus of 3.5 percent the current policy... translates into roughly 5.5 billion euros of fiscal space. It is reported that the Finance Ministry has been... benefits or handouts. The main objective will be to reduce some of the tax burden that has

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  6. Turkey's actions in Cypriot EEZ put Athens, Nicosia on alert

    PoliticsForeign Policy

    side has already tabled relevant documents at the United Nations claiming that the Turkish... of the sea area where Fatih is expected to drill until September has been chosen carefully as Athens.... Traditionally, this has been a period during which the two sides avoid dogfights. This development was a blow

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  7. Building permits drop by 5.1 pct in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    has remained subdued in recent years as both private and public construction projects were halted due... permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total... points to -49.5 from -48 in March. Compared to the same month last year, construction confidence has

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  8. Athens moves ahead with expansionary measures as it waits for lenders' response
    Photo via Fosphotos

    EconomyProgramme

    and the primary surplus targets that Greece has to meet over the coming years. In their entirety, the fiscal impact of the interventions is seen exceeding the fiscal space the government has estimated... on Thursday is the proposal the government has made regarding putting 5.5 billion euros from the cash

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  9. New overdue taxes rise by 489 mln in Mar, total legacy and new debt at 104.5 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    the Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first three... was for the large part driven by rises in new debt. Total debt has now remained above... of collectability came to 82.2 percent. The IAPR has set a goal for the collectability rate to reach

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  10. Leaders present voters with stark choices as campaign reaches climax

    PoliticsGreek Politics

    change has been taken,” he said. “The country will head to elections on October 20 at the latest anyway... dilemma during his speech in Thessaloniki on Wednesday night, playing on the theme SYRIZA has established... that the gap between the governing party and the opposition has narrowed. The poll put the difference

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