Search
-
VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
EconomyFeaturesThe European Commission's VAT Gap report has revealed that the European Union lost an estimated 140... states has improved marginally in recent years. However, figures for 2020 forecast a reversal... percent), and Austria (+0.5 percent). The VAT gap in Greece has remained consistently high. In 2015
1% -
Athens hopes for letup in Turkey friction, but talks still in balance
PoliticsForeign Policyissue under discussion. This is the framework,” he noted. Mitsotakis has so far avoided replying... to Greece’s armed forces over the next five years. Berlin-Washington Over recent days, Berlin has... a conflict. The ball is in Turkey’s court. Ankara has already said that it is ready for negotiations
1% -
HRADF development plan reviews privatisation actions for the rest of the year
EconomyMacroeconomyThe Hellenic Republic Asset Development Fund (HRADF) has revised its asset development plan (ADP... will proceed as the pandemic has affected this asset. Six pending steps are noted for this privatisation... being evaluated. The privatisation of DEPA, which is tied to HELPE, has been split into two arms: DEPA
1% -
Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
EconomyProgrammeas this review, just like the previous one, acknowledges that the pandemic has placed enormous... behind certain commitments and timeframes. The report draws attention to the fact that Greece has... before the end of 2022. The fiscal situation has deteriorated since the last review as the authorities
1% -
Athens "Great Walk" plan scaled back amid criticism
PoliticsGreek PoliticsAn ambitious plan to pedestrianise large sections of Athens city centre has been scaled back... will not be carried forward, the mayor has already announced that he will be focussing on a redesign of Panepistimiou Street, one of the major avenues of the capital which has been the subject of several proposals
1% -
Golden Dawn sentencing excites political controversy
PoliticsGreek Politicsof the verdict, the court has been hearing arguments from the defendants’ legal terms prior... of their conviction and potentially running for political office has been used to whip up outrage in the media... has already made amendments to the penal code since coming to office, but did not attempt to change
1% -
Industrial production drops by 3.8 pct in August
EconomyMacroeconomyon Friday. On a YoY basis, the index has remained consistently negative in the year so far and has... month-on-month to stand at -18.1 points. Year-on-year, industry confidence has fallen by 19.1 points
1% -
New Turkish NAVTEX undermines Greek-Turkish reconciliation efforts
PoliticsForeign Policyhas no intention despite the threat of sanctions from the European Union, of heeding recent calls... of the implementation of sanctions against an economy already facing problems has a great value.” The interview... at the European level, but also for Germany which has adopted the role of informal mediator between
1% -
PM appoints new national security advisor as talks with Turkey hang in balance
PoliticsGreek Politicsopinion, and his resignation was not accepted by the PM. Dokos has distinguished academic career... talks, Turkey has once again sent an exploration vessel to survey on the Greek continental shelf...-partisan appointments, often in high-profile roles. In the past, he has picked cabinet ministers from
1% -
Athens treads cautiously as Ankara keeps prodding in Aegean
PoliticsForeign Policythe possibility of re-starting exploratory talks has been lost for the time being. Cautious approach... leverage it has with Ankara, even if it appears minimal now. Athens recognizes this and did... for any “accident” or escalation of tension. Domestically, the government has dismissed SYRIZA’s demand
1%