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  1. Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance

    EconomyMacroeconomy

    , the Finance Ministry has not yet revised the budget execution bulletin targets aligning then with those... billion on August 20, the government has stopped delaying or postponing payments of non-payroll expenses

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  2. Little trouble for Tsipras in multi-bill vote but bigger problems may lurk over revenues chief
    Photo by MacroPolis

    PoliticsGreek Politics

    The omnibus bill containing many of the 49 prior actions the coalition has to fulfill to secure the next sub-tranche of bailout funding passed through Parliament without any major problems on Friday... to the legal charges against her, Tsipras's decision to intervene in the service before any court has

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  3. Tsipras sees political mileage in bill for broadcasting licences

    PoliticsGreek Politics

    The government unveiled on Monday its long-awaited draft legislation for the new broadcasting licence tenders, with the aim of voting the bill through on Saturday. SYRIZA has long pledged to tackle... to the high scepticism among Greeks about their country's media, which has been mostly unregulated

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  4. Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes

    EconomyMacroeconomy

    the past six years, disposable income has posted a marked decrease by 13.93 billion or 32.1 percent... billion in Q2. Over the past six years, household consumption has been cut by 8.24 billion or almost 20

    2%

  5. Athens ticking off prior actions one by one as EU keeps close watch

    PoliticsGreek Politics

    European Economic and Monetary Affairs Commissioner Pierre Moscovici is the latest EU official to visit Greece and check on the government’s progress in completing the tasks it has been set... evicted from their homes, which is a feature that has been largely absent from the Greek crisis

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  6. National Bank reveals capital plan, which includes sale of whole Finansbank stake
    Photo by MacroPolis

    EconomyBanking

    scenario of the stress test. The bank's capital plan has three key pillars aiming to cover total...) of Finansbank in NBG's book stands at 3.4 billion euros, while Finansbank's market cap has climbed to 6.1

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  7. Eurogroup gives Greece another week to agree measures, keeps tranche and recap funds on hold
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    Dijsselbloem stressed that “a lot of progress has been done” within a very cooperative process. He also... increases. The book-building process of Piraeus has already started, while those of Eurobank

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  8. General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept

    EconomyMacroeconomy

    sub-tranches, the government has indicated it intends to repay arrears of around 3 billion... το the IMF in September. Since the beginning of the year, gross debt has dropped by around 9.6 billion from

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  9. Unemployment down for second straight month in August, falls to 24.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    2012. Note, though, that the August figure means this total figure has more than trebled over the last... percent in 2016, before dropping to 24.4 percent in 2017. Note though that EC has revised its GDP

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  10. A third of young Greeks would consider emigrating to escape economic problems
    Photo by Harry van Versendaal

    Society

    The number of young Greeks who would consider emigrating due to economic problems in their country fell significantly from 2014 to 2015, a report from by Europe’s biggest debt collector has found... situation in Greece, that figure was 32 percent in 2015. The change means that Greece has gone from

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