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Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
EconomyMacroeconomyreflects strong underspend, with primary expenditure coming in 1.19 billion lower than target... in the 4-month period, implying a strong underspend of 1.19 billion compared to the target of 14.23
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Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
EconomyMacroeconomyby 1.51 billion, reflecting a strong underspend with primary expenditure coming in 1.16 billion lower... period showed primary expenditure declined by 4 percent to 19.33 billion, still entailing a strong
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ND tries to quash refugee backlash, protect strong poll ratings
PoliticsGreek PoliticsThe Greek government has been trying to assuage concerns about the transfer of migrants from the Aegean islands following more strong reactions by some local residents in mainland areas New Democracy.... Opinion poll The refugee issue aside, support for the government remains strong according to the latest
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economya strong rebound of 7.9 pct in 2021. The Commission notes that Greece’s large dependency on the hospitality... a strong recovery of 33 pct and 35.2 pct on equipment spending. The authorities through the Hellenic
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Strong public support for farmers adds to pressure on PM for more measures
PoliticsGreek Politics. The latest initiatives are being taken amid apparent strong support from the public for the farmers... there is strong support for the ruling party, as most of the protesting farmers are thought to be New
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Credit growth stays strong at 10.3 pct YoY in Mar due to corporate lending
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in March, rising by 10.3 percent year-on-year (YoY), from 10.5 percent in the previous month, Bank of Greece (BoG) figures released... in February, with strong inflows over the last few months. The outstanding balance was 124.7 billion
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Credit growth stays strong in April with 10.9 pct YoY rise, credit to corporations stalls MoM
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in April, rising by 10.9 percent year-on-year (YoY), from 10.3 percent in the previous month, Bank of Greece (BoG) figures released... billion euros in March, with strong inflows over the last few months. The outstanding balance was 124.52
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PM touts strong economy and housing measures but voters focus on everyday worries
PoliticsGreek Politics. New Democracy maintains a strong lead in opinion polls, but large segments of voters have been underwhelmed by the government’s economic measures to date and express strong support for the farmers
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Fitch leaves rating at 'BBB' and outlook unchanged, sees strong fiscal performance
EconomyMacroeconomythe credibility of Greece’s fiscal framework. The government has established a strong post-pandemic.... Nonetheless, the sovereign-bank connection remains unusually strong because deferred tax credits account
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Tsipras bids to maintain unity after heavy defeat for SYRIZA
PoliticsGreek Politicsofficials were occasionally guilty of arrogant behaviour and that this created a wall between them.... The figures from Sunday’s vote suggest that New Democracy has a strong chance of clinching an outright.... Nevertheless, Tsipras will want as strong a performance as possible, to give himself a strong platform to work
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