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PM’s silence on legality of Maduro’s capture sparks widespread opposition criticism
PoliticsGreek Politicsthe legality of the actions ordered by Donald Trump. The wording of Mitsotakis’s response to this weekend’s events caused consternation among his political opponents, who claimed that his decision not to highlight the need to uphold international law works against Greece’s interests. Mitsotakis’s
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Government hints at perks for vaccinated as uptake stalls
PoliticsGreek Politicsactivities of people smugglers”. The new characterisation, which amounts to a hardening of Greece’s
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Newsletter 275 -27/11/2020
is as vital to helping Greece’s fragile economy recover from the damage wreaked by Covid-19. The plan... infrastructure investments, while others are intended to fund public service The government’s proposal covers essential infrastructure investments along with funding for public services, though Greece’s
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Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
EconomyMacroeconomy, decreasing by 19.1 percent against last year’s figure of 5.76 billion euros, the Finance Ministry... consecutive months of positive growth, and came to 673 million euros, declining from October’s... slightly by 0.2 percent to 4.86 billion euros, declining slightly compared to last month’s figure of 4.9
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyGreece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands
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Debt relief measures move ahead as Athens prepares to use fiscal space
EconomyProgrammepotential, strengthen the country’s economy, and will also make it easier for Greece to repay its... ahead with plans to repay part of the loans it has received from the International Monetary Fund... took the commitment to continue implementing all key reforms adopted under the programme. Today’s
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Athens aiming to step up diplomatic contact with neighbours
PoliticsForeign Policy. Erdogan’s visit to Greece could be seen as the clearest sign of an effort to put bilateral... to prevent a rapid deterioration of bilateral relations that could be provoked by an “accident”. Kotzias’s... with which bilateral relations are strained due to unresolved diplomatic issues. Within this context
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyGreece’s budget execution showed a primary surplus of 711 million euros in the 5-month period from a primary deficit of 970 million in the corresponding period last year, according to the preliminary... period. This implies an average figure exceeding 1 billion per month. Although the April figure of 763
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Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed
EconomyMacroeconomyThe rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat of Information Systems, which also revealed that most tax collection targets are being missed. The June
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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomyGreece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday. In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million
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