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Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln
EconomyBanking. However, there has been criticism directed at the Greek authorities. These critics argue... is that the divestment process has led to unprecedented realised losses for the state and the Greek taxpayer
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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomysurpluses in that region for decades. The inflation wave that started after the Ukraine conflict has... and the impact of the energy crisis. The draft budget has just 1.11 billion euros of interventions
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Strong taxes and significant underspend push 9M primary balance 3.45 bln above target
EconomyMacroeconomythat much of the outperformance has already been allocated to certain expenditure measures... million euros from the RRF and has allocated 1.14 billion euros, below target by 1.03 billion euros.
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Podcast - Leading questions: What was the point of PASOK's leadership vote?
AgoraNikos Androulakis has been re-elected as leader of PASOK, the centre-left party that is hoping to establish itself as the main opposition party in Greece and, ultimately, challenge centre-right New... Nick Malkoutzis to work out what has happened and what might happen. Useful reading Androulakis Wins
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Androulakis shuffles pack in bid to leave SYRIZA behind and close gap on ND
PoliticsGreek Politics, often more experienced, officials in PASOK. Androulakis is clearly determined to show that he has... that the social democrats offer a convincing alternative to the centre-right government, which has seen its
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Industrial production growth slows to 2.4 pct YoY in Sep, led by manufacturing rise
EconomyMacroeconomyAuthority (ELSTAT) data released on Friday. The index now has just one negative reading, in March this year... confidence has risen by circa 7 points. In addition, Greece’s Manufacturing PMI recorded a moderate recovery
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Privatisation proceeds, major underspend push Oct primary surplus to 8.82 bln above target
EconomyMacroeconomyof the outperformance has already been allocated to certain expenditure and tax relief measures. The full... billion euros from the RRF, which is 2.49 billion euros below target. It has allocated 1.57 billion
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On eve of leadership elections, SYRIZA slips from main opposition slot
PoliticsGreek Politicswith the imminent launch of a new party by ousted SYRIZA leader Stefanos Kasselakis. Tzakri, who has... not be at the launch of a new party while remaining a member of SYRIZA”. Kasselakis has announced
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Fitch takes no rating action, leaves outlook stable
Economyagency that has left Greece one notch below the investment grade, not granting an upgrade... debt, while high, has declined significantly since its 2020 peak of 207 pcr of GDP and is projected
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Athens and Ankara keep eyes on domestic audiences as talks continue
PoliticsForeign Policyof the organization. At the OSCE, Turkey has proposed career diplomat Feridun Sinirlioglu as secretary general... ambiguity of positions. Mitsotakis's government has received strong criticism from the nationalist faction
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