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  1. Far-right party banned, possibly reducing threshold for election majority
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that the government is responsible for the fact that Kasidiaris was able to set up a party and record... above 3 pct in the opinion polls. This is the threshold that parties have to overcome in order... polled below 3 pct because the higher the combined percentage of small parties that fail to make

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  2. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    MoM (+114 million) and YtD (+804 million) rise to a total of 2.57 billion at the end of August making... billion in August, corresponding to 20.7 percent of total. Tax refunds’ arrears are the third key contributor to total stock with its balances landing at 809 million at the end of August making up

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  3. General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    of the total debt. In the other underlying subcategories, T-Bills edged down by 3 million to 15.27 billion..., bringing the total figure to 221 million euros. The equivalent figure for the same time last year was 864 million. A decline was also noted in local governments, where the total fell by 65 million euros

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  4. General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , bringing the total figure to 1.16 billion euros. The equivalent figure for the same time last year was 1.81 billion. A decline was also noted in social security funds, where the total fell by 561 million... was observed, taking the total to 3.28 billion euros. This was followed by revenues from taxes which

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  5. General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    categories, a rise of 405 million euros was seen in T-bills, making up 3 percent of the total. EFSF/ESM... euros, bringing the total figure to 271 million euros. The equivalent figure for the same time last year was 739 million. A decline was also noted in local governments, where the total fell by 17

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  6. Newsletter 214 -12/07/2019

    Newsletters

    with the experience of government, Mitsotakis met with his ministers on Wednesday and set out what he wants them... government does not have to stick to the “old set of measures” “as long as the overall commitment... into immediate effect. The government’s tax bill, which is set to phase in 6 billion euros worth

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  7. Newsletter 259 -24/07/2020

    Newsletters

    a reduction in the level of grants available. Greece is in line to receive a total of around 70... plan on the recommendations made by the committee of wise men led by Nobel Prize-winning Greece is set... on his agenda. There is no doubt that Mitsotakis is correct in calling the total package “unprecedented

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  8. Pending pensions mount up, complicating fiscal effort
    Photo by MacroPolis

    Economy

    . The latter currently stands at 1.3 billion, while ETEA’s total wealth is estimated at 3 billion...), stands close to 3 billion euros. The majority (2.16 billion euros) of this stems from IKA and 670... in total on an annual basis, which would rise by another 1.5 billion if retroactive payments

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  9. Greece completes first bond issue in three years, eyes more on way out of programme
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    offer was 2.08 times oversubscribed. Of the total amount of 3 billion raised from the new bond...Greece has tapped capital markets with a 5-year bond issue for the first time since 2014, raising 3... (ISIN: GR0114028534) for a total amount of 4.03 billion at a price of 102.6 percent of nominal

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  10. Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . The harmonized inflation index is seen at 8.8 pct in 2022, dropping by roughly one third to 3 pct in 2023... 54.61 billion euros. This outperformance is attributed to higher indirect taxes by 3 billion euros... of GDP, or 3.58 billion euros, which is improved on the target of 2.2 pct of GDP. The total deficit

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