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Athens revises projections in Stabilty Programme, sees more fiscal space in coming years
EconomyProgramme. Although Greece has committed up to 2022 for a primary surplus of 3.5 percent the current policy... tasked to come up with the proposed fiscal interventions to use the available fiscal space
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Ministers unveil lengthy payment schemes for unpaid taxes and contributions
EconomyProgrammeThe government is due to table in Parliament on Monday draft legislation paving the way for debts to the tax office, social security funds and municipalities to be settled in up to 120 monthly... schemes. Their main features are that they allow debtors to pay their dues in up to 120 instalments
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Tsipras tries to entice voters with VAT cuts and pension bonuses
PoliticsGreek Politicsof up to 500 euros would receive an amount equal to 100 percent of their monthly retirement pay... security funds and municipalities in up to 120 instalments. The government is also placing its hopes
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Tsipras, Mitsotakis cast gloves aside as pre-election fight gets personal
PoliticsGreek Politicsfunds and municipalities in up to 120 instalments. On Tuesday, Tsipras and members of his cabinet... from being involved in politics and being very wealthy.” This line was picked up on by Mitsotakis who
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General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln
EconomyMacroeconomymillion euros) and state budget (+32 million euros). At 28.2 percent of the total, SSF arrears made up... 16.7 percent of the total. Repos dropped by 3.12 billion to 19.48 billion, making up 5.4 percent
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Tsipras claims EU vote will be close as SYRIZA looks for boost from relief measures
PoliticsGreek PoliticsGreeks who have run up debts to the tax office, social security funds or municipalities to settle their arrears in up to 120 instalments. It also foresees a bonus, known as the 13th pension, being paid
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SYRIZA tries to build on "positive" measures but polls yet to register bounce
PoliticsGreek Politicstheir arrears to the state and social security funds in up to 120 instalments. Prime Minister Alexis Tsipras...,” is the party’s slogan for the elections, summing up the message that the leftists want to convey
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Eurosystem funding rises by 84 mln in Apr, ELA eliminated
EconomyMacroeconomyGreek banks’ Eurosystem funding edged up by 84 million euros month-on-month (MoM) in April, the monthly Bank of Greece's (BoG) financial statement showed on Thursday. As of the latest month... funding made up 100 percent of all funding, having overtaken ELA funding as the main component in April
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Current account deficit widens in March due to deteriorating goods trade balance
EconomyMacroeconomyreceipts edged up by 32 percent and stood at 316 million euros, driven by non-residents’ arrivals growing... by an increase in foreign arrivals, which went up by 7 percent in the aggregate period. Travel payments
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Travel balance at 94.8 mln in Mar and 211.9 mln in three-month period
EconomyMacroeconomy, and US visitors saw an increase of 47.4 percent. Overall, arrivals from the EU 28 countries edged up... Tourism Confederation’s (SETE) annual outlook had predicted that tourist numbers could reach up to 30
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