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Tsipras aiming to guide SYRIZA towards new territory in opposition
PoliticsGreek Politics. However, Tsipras has shown a knack over recent years for convincing his party to put its faith in him...’s response was that as a professor of urban planning he has acted as a consultant on a lot
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ND ready to flesh out its policy agenda, with focus on tax plans
PoliticsGreek Politicsthat Mitsotakis and his finance minister, Christos Staikouras, make regarding the planned tax cuts. It has... Democracy has promised to reduce ENFIA by 30 percent across the board in two stages. Instead, it may
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Credit contraction stays at 0.2 pct in Jun, balance at 161.16 bln
EconomyMacroeconomywhich has stayed at levels not seen since January 2011, when a drop of -0.2 percent was noted... to 18.14 billion. The Greek market has been experiencing a contraction for the last six years
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Bonds enjoy great buoyancy but remain some distance from investment grade
Economythe board that political risk has been eliminated and risks of policy reversal are low since the post... upgrade, Moody’s said that although there has been significant progress to date, Greece's credit
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New overdue taxes rise continues to decelerate, total debt at 104.73 bln
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 473 million euros in June, data from the Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first six... to date, the total for overdue debt has increased by 2.87 billion euros. Based on a GDP estimation
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Retail turnover falls by 2 pct in May, volume drops by 2.4 pct
EconomyMacroeconomy, the volume index has remained negative for two consecutive months now. Compared to May 2018, the main... has shown a strong improvement of 26.3 points. Retail trade rose by 4.5 points month-on-month to 13.7
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Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
Economythe start of the year has pushed down the entire short-term part of the Greek yield curve. Early in 2019... halved between June and July, from 0.41 percent to 0.23 percent. The borrowing cost has also halved
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Despite recent improvement, more than half of Greeks unable to afford one-week holiday
SocietyData from Eurostat has shown that over half of Greeks could not afford to go on a week’s holiday away from home in 2018. According to the dataset, 51 percent of Greeks reported that they were unable... on holiday remains high, there are signs that the trend has been improving recently. In 2015
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Eurosystem funding rises by 64.9 mln in July
EconomyMacroeconomymillion. In the year so far, Eurosystem funding has declined by 2.40 billion euros, reflecting... funding to Greek banks has steadily dropped. The total fall by July 2019 came to 148.42 billion
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ND lining up tax, development and labour legislation for autumn
PoliticsGreek Politicswill be completed at the end of September, once the government has had a chance to present the 2020 draft... to mediate with the banks in the rescue of up to 170 companies at risk of bankruptcy. He has already
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