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  1. Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    monetary policy and jacking up rates, the IMF sees Greece growing by 1.8 pct next year, from 5.2 pct... account deficits that started building up in 2020 when it more than tripled to 7.3 pct of GDP

    3%

  2. Preliminary Sep budget records 37 mln primary surplus as taxes outperform by 4.9 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September 2022 came to a small surplus of 37 million euros, compared to a deficit of 5.96 billion euros in the same period last year, according to the preliminary.... Tax refunds came to 4.34 billion euros, 917 million euros above target. Expenditure Up to September

    3%

  3. PM gives full support to police amid fresh criticism
    Photo via https://flic.kr/p/2jg1E5f

    PoliticsGreek Politics

    to ensure the force’s loyalty as the attempt to show the public that there will be no let-up... on the streets do not necessarily stand up to scrutiny amid frequent shootings and a number of high-profile

    3%

  4. Travel surplus at 11.46 bln for 8M, beating 2019 record
    Photo by MacroPolis

    EconomyMacroeconomy

    from 3.16 billion euros in 2021, up roughly 28 percent year-on-year. Travel payments rose by 56... million visitors, compared to 21.84 million travellers up to August 2019.

    3%

  5. Opposition tries to put surveillance scandal back on political agenda
    Photo by MacroPolis

    PoliticsGreek Politics

    , opposition leader Alexis Tsipras pledged that his party would not give up in its efforts to shed more... that SYRIZA would pursue the matter through the Greek courts. Opposition-friendly media also picked up

    3%

  6. In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
    Photo by MacroPolis

    EconomyMacroeconomy

    The cautious steps, which the Public Debt Management Agency (PDMA) has been taking since the summer as it attempts to navigate through a higher rates environment that have pushed up the entire yield... with a variable rate that landed at 2.7 pct as Euribor catches up with the higher policy rates of the ECB

    3%

  7. New Democracy faces fresh turmoil after ousting MP
    Photo by MacroPolis

    PoliticsGreek Politics

    but shot up to 2.3 million in 2019. Patsis was elected to Parliament for the first time in 2019, when New Democracy came to power in a landslide victory. Patsis reportedly refused to give up his seat

    3%

  8. Car sales growth slows to 2.4 pct in Oct, taking 10-month rise to 4.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . The remainder was made up of lorries (2,070) and buses (64), both down by 10.6 and 36 percent... were sold. The 4.5 percent rise was led by passenger cars at 154,600, up by 8.3 percent, followed

    3%

  9. Business transformation paying off as Eurobank records 932.3 mln profit in 9M
    Image via www.eurobank.gr

    EconomyBanking

    , which includes trading gains of 212 million euros from hedging instruments, was up to 616.8 million... in H1. The fully loaded Basel III CET1 ratio was 14.2 percent in 9M, up from 14 percent

    3%

  10. SYRIZA tries to pin Mitsotakis down over phonetapping
    Photo via www.syriza.gr

    PoliticsGreek Politics

    the material from these illegal phonetappings is a criminal offence that carries a jail sentence of up... as untrustworthy the report in Documento, demanding evidence to back up the claims, and then argue

    3%