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  1. Budget starts year where it left off in 2022, beating target by 618 mln in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance in January this year came to a surplus of 2.77 billion euros, compared to a surplus of 15 million euros in the same month of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Thursday....

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  2. Consumer confidence takes off in May as rest of sectors deliver mixed data
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after rising by 1.9 points in April, according to European Commission figures released on Tuesday. Sentiment has been improving in five of the last se...

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  3. SYRIZA leadership contest off to slow start, as ND rushes to contain political damage from fires
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    The contest to succeed Alexis Tsipras at the helm of SYRIZA looks set to gather momentum with the launch of a campaign aimed to generate engagement in view of the September leadership elections. Leadership hopefuls have been sketching out their visions ...

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  4. Governing party MPs rally around ex-transport minister to fend off opposition attacks
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    New Democracy politicians presented a united front defending the government against a censure motion triggered by its handling of the deadly Tempe rail crash. Their fulsome support for resigned transport minister Kostas Karamanlis brought condemnation f...

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  5. Greek, Turkish FMs keep ties on even keel as OSCE cooperation pays off
    Image: https://flic.kr/p/2p19AJt

    PoliticsForeign Policy

    The main takeaway from the meeting between Foreign Minister Giorgos Gerapetritis with his Turkish counterpart Hakan Fidan, last Wednesday in Brussels was that Athens and Ankara are in agreement over the need for restraint regarding any actions that caus...

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  6. ND in danger of being blown off course by farming subsidy scandal

    PoliticsGreek Politics

    The details of the investigation by the European Public Prosecutor’s Office (EPPO) into the livestock farming subsidy scandal that have leaked to the local media since the case file was sent to Parliament this week paint a rather grim picture for the ru...

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  7. Government's ongoing stand-off with livestock breeders heralds resurgence of farming protests

    PoliticsGreek Politics

    PM Kyriakos Mitsotakis met with livestock breeders in an effort to put out the dying embers of the farmers’ protests that have troubled him for weeks, but with questions still being asked about the government's approach to sheep pox. Representatives of ...

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  8. The complexities of regaining market access: Could Greece learn from Portugal?
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    restructuring and debt buy back operations from 2012 continue to leave their mark on many private sector... investors were to line up to buy 65 percent of the bond, the ESM could then participate by purchasing

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  9. Greek QE eligibility? We're not there yet
    Photo by ECB via Flickr https://flic.kr/p/qqjzQG

    Agora

    condition notes that the ECB will not buy more than 33 percent of the issuer’s debt and 33 percent... that the Eurosystem will only buy securities which, at the time of purchase, have a minimum

    5%

  10. SYRIZA tries to compose itself ahead of next vote on prior actions
    Photo by MacroPolis

    PoliticsGreek Politics

    and allowing distressed debt funds to buy up Greek NPLs. SYRIZA MP Yiannis Michelogiannakis... control or if foreign funds are allowed to buy the NPLs of Greek small- and medium-sized enterprises

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