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Athens encouraged by agreement on EU's Strategic Compass
PoliticsForeign Policyto respond to military threats, including setting up a 5,000-strong rapid reaction force. EU leaders..., refers to the setting up of a 5,000-strong rapid reaction force by 2025. In addition, the blueprint
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PM focuses on high prices, food supplies as snap election option fades away
PoliticsGreek Politics, also means that no let-up in rising energy costs is in sight. Athens insists that its call for a cap... a clear majority in Parliament even after a second vote under the electoral system drawn up by New
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Current account deficit for Jan-Feb at 4.12 bln, significantly higher than 2021
EconomyMacroeconomyin the same period of 2021. The goods balance was a deficit of 6.12 billion euros, up from 2.84 billion... receipts were 273 million euros, up from 67.2 million euros in 2021 and 501.8 million euros in 2020
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More fiscal space emerges for new energy relief package as parties jostle for support
PoliticsGreek Politicsis trying to open up another track with the electorate by attempting to scrub out the right/left... to convince voters to build up its credibility. Also, by arguing that the traditional right/left
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Reopening of 7-year bond affirms tougher conditions on sovereign debt market
Economyat 22.5 pct, Italy at 8.9 pct and the Nordics at 8.5 pct. Fund managers made up 44.6 pct of the investor... that GGBs will not be part of the regular QE. In January, the 10-year issue ended up being
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Under increasing domestic pressure, govt awaits EU signs for response to energy security threat
PoliticsGreek Politicsthe clarity they need to decide on how to proceed. An alternative payment mechanism set up by Gazprom... set up accounts with the bank has created controversy and sharpened divisions in the bloc. According
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomyresources will filter through the economy, pushing up investment spending by 21.5 pct and a total growth... balance in favourable terms as higher inflation pushes up nominal GDP and budget revenues. Lower
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SYRIZA on front foot over energy prices as poll gap narrows further
PoliticsGreek Politicscalled this week for elections to be held as soon as possible, arguing that problems are piling up.... SYRIZA’s backing edged up to 22.5 pct from 22.2, while support for centre-left KINAL remains unchanged
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Mitsotakis fast-tracks energy package announcement on eve of party conference
PoliticsGreek Politics-class voters, small businesses and pensioners have added up to significant pressure for a rapid... for political gains, and it believes it has the data to back it up. It has scheduled a debate
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Resilience evident in Apr budget execution data as taxes beat target by 1.79 bln
EconomyMacroeconomybalance up to April showed a deficit of 3.32 billion euros, from an 8.8-billion-euro deficit in April... billion euros, 423 million euros above target. Expenditure Up to April, overall expenditure stood at 21
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