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SYRIZA leadership contenders enter final stretch, as ID cards become latest headache for govt
PoliticsGreek PoliticsProfessor Othon Iliopoulos, were to resign for any reason. Kasselakis has said that in the event... Androulakis was still an MEP. A Kasselakis win remains unlikely, given that he has already proven unpopular... It is the opposite end of the political spectrum that has been causing a bigger headache for the government
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Return to investment grade overshadowed by flood destruction
EconomyDemocracy would have wanted. Flood damage Thessaly is going through an unprecedented disaster that has claimed at least 15 lives and has caused a destruction of property, infrastructure and productive... that all productive capacity in the area has been lost, fields have become unworkable and animals
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Tax revenues continue to outperform in Aug, as ministry explains frugal approach
EconomyMacroeconomyperformance has some 1.8 billion euros, as the rest as related to timing and accounting handling..., the PIB balance landed at a deficit of roughly 3 billion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount fully, with 450 million euros booked by August
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Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
EconomyMacroeconomysince early 2021. April was the first negative reading since February 2021. The index has also been... dropping by 2.8 points in the previous month. Since September last year, industry confidence has... a 1-point increase in July. Sentiment has been improving in nine of the last 10 months, essentially
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Tax revenues beat target by 3.16 bln in Sep, as contained spending leads to 6 bln primary surplus
EconomyMacroeconomyperformance 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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S&P awards investment grade, bringing arduous cycle for economy to a close
Economyto 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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Parties diverge over Gaza conflict in wake of UN vote abstention
PoliticsGreek Politicson 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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Budget continues to outperform in Oct, paving way for 350 mln Christmas handout
EconomyMacroeconomyperformance 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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Lower repos push debt down to 402.88 bln in Q3, bonds rise by 2.5 bln
EconomyMacroeconomyLoan 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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SYRIZA rebels poised to launch new group after split
PoliticsGreek Politicssecretary, Panagiotis Rigas has already questioned why the rebels have not made any statement on Greek... Kathimerini, while State Minister Makis Voridis has said he would not back such legislation. The latter’s... for a government bill should resign. A group representing LGBTQ+ families in Greece has written
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