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  1. Turnover in tourism grows by 11.5 pct during Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reach up to 30 million, but warns that this might be the last year of continued growth in numbers and revenue for Greece as competition picks up in neighbouring destinations.

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  2. Tsipras confident on pension cuts, reticent on snap elections
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    ) will be completed in January and that it will then be Greece’s turn to act. This opens up the prospect of SYRIZA... that the government can last until its term is up in September. “Our aim and strategy is to complete the four

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  3. Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to a stepping up of the full elimination of reliance on Eurosystem funding. Banks have been making... funding for August revealed that for a fifth consecutive month, ECB funding made up the majority of total

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  4. No imminent decision on pension cuts as Athens moves ahead with minimum wage increase
    Photo via Fosphotos

    EconomyProgramme

    , having cut pensions by up to 18 percent. Clearly, the Greek government would prefer to have... up its efforts to facilitate an increase in the minimum wage. Labour Minister Efi Achtsioglou said

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  5. PM moves quickly on policy pledges in bid highlight benefits of MoU exit
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in February and concluded in June. However, the government wants to speed up the process as it seeks... about-turns in policy, his credibility with voters is low and that following up on the promises he

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  6. Tsipras and Kammenos vow to stick together until further notice
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras left for New York on Sunday to attend the United Nations General Assembly, but not before publicly making up with his coalition partner Independent Greeks (ANEL) leader... it through Parliament before his term in office is up. Athens expects that the ratification process

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  7. Coalition hopeful on pensions, looks to maximise impact of limited relief measures
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    states that had elections coming up. Tsakalotos claimed there are “very good chances” pensions... opposition parties over this issue, Tsakalotos and Prime Minister Alexis Tsipras will have to come up

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  8. Falling bank shares prompt coalition to take closer look
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of their NPEs up to 2021. The new targets reportedly involve the restructuring of 50 billion euros’ worth... themselves are not able to drum up new business to increase their profitability, the government will remain

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  9. Newsletter 177 -05/10/2018

    Newsletters

    Alexis Tsipras will have to come up with a convincing narrative regarding the more gradual... encompass current reduction goals up to 2019, and extend the timeframe into 2020 and 2021

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  10. New overdue taxes rise by 849 mln in August with total stock at 102.81 bln

    EconomyMacroeconomy

    Greece’s new tax debt’s month-on-month rise came to 849 million in August, picking up pace from July’s rise of 377 million euros, data from the Independent Authority of Public Revenues (IAPR) showed... percent of GDP. The collection of new tax debt (excluding non-tax categories) picked up to 23.3

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