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  1. Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln
    Photo by MacroPolis

    EconomyBanking

    Post Bank with 3.73 billion euros. Eurobank ended up with the ownership of the healthy part... up its balance sheet. The healthy part of ATE Bank was acquired by Piraeus Bank. The HFSF opted

    3%

  2. Androulakis reaffirmed as PASOK leader, ending talk of centre-left alliance
    Image: https://kinimaallagis.gr/

    PoliticsGreek Politics

    . Androulakis is expected to shake up his personnel, making changes in key positions to mark the start... as Kasselakis seems determined to take up the matter at the upcoming extraordinary congress, which

    3%

  3. Greece and Turkey differ on agenda as they prepare for foreign ministers to meet

    PoliticsForeign Policy

    , Athens dismisses suggestions that Greece would accept territorial waters of up to 6 nautical miles.... Additionally, and in the case of an international court’s arbitration the two sides need to end up

    3%

  4. Strong taxes and significant underspend push 9M primary balance 3.45 bln above target
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 8.74 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday. During... revenues were 50.91 billion euros. The budget balance up to September showed a surplus of 1.58

    3%

  5. Mitsotakis goaded from right on foreign policy and migration
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    In the latest challenge to New Democracy’s dominance over conservative issues, right-wing critics have been lining up to attack the government’s policy on relations with Turkey and migration. Former... enjoys a privileged position in ND, several government officials have picked up the gauntlet thrown

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  6. Industrial turnover contracts in Aug, falls sharply by 23.6 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    (ELSTAT) on Friday. On a rolling 12-month basis, the industrial turnover was up by 1.2 percent... is now up by circa 13 points. Overall, Greece’s economic sentiment (ESI) bounced back in September

    3%

  7. VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
    Photo by MacroPolis

    EconomyMacroeconomy

    Ministry (MoF) budget execution data released on Friday. Up to September, the budget primary balance... higher than the target, mostly thanks to corporate taxation, up by 664 million euros from the target

    3%

  8. Government preparing U-turn on controversial tax measure in bid to win back self-employed
    Photo by MacroPolis

    PoliticsGreek Politics

    sentiment that has built up around the administration’s handling of the economy and the impending fiscal... or be seen as complicit in covering up the responsibilities for the Tempe tragedy. Former New

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  9. PMI shows slight improvement in Oct, sector outlook improves
    Photo via https://flic.kr/p/2b7ecKE

    EconomyMacroeconomy

    as the output rise was driven by efforts to build up safety stocks of finished products. Post-production... conditions, output expectations at manufacturers picked up in October. The degree of optimism

    3%

  10. PM puts tax cuts front and centre in bid to win back voters
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    scrapping the trade tax paid by the self-employed, which will deliver annual savings of up to 500... from 18,000 to 50,000 euros and pushing up the highest tax bracket, at 44 pct, to incomes above

    3%