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Clashes add to political tension over division, police violence
PoliticsGreek Politics, even in government-friendly media, suggest that the police’s belligerent behaviour was uncalled... advised them that the man who had been beaten was a member of a radical left group and had been... that privacy restrictions did not apply because videos of Sunday’s incident had been made public. SYRIZA
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Moody’s affirms Greece’s rating at Caa3 with stable outlook
EconomyIn its scheduled rating review, Moody’s affirmed Greece’s rating at ‘Caa3’ with a stable outlook. The rating incorporates a high level of implementation risk given Greece’s weak institutions, social...) the measures that still need to be implemented and c) the political dynamics in the euro area. Moody’s notes
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Primary cash balance deficit at 7.12 bln in Sept
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 7.12 billion euros... billion euros to 30.31 billion euros against last year’s total of 35.28 billion. Expenditure... euros. The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months
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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 13.45 billion euros... euros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01 billion euros to 38.04 billion euros against last year’s total of 45.05 billion. Expenditure
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyGreece’s current account recorded a deficit of 3.86 billion euros in December, from 2.08 billion... to 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came... in December 2024. The travel balance showed a surplus of 313.2 million euros, from last year’s figure
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IMF’s independent evaluation office identifies mistakes and challenges in Greece’s first programme
EconomyProgrammeThe IMF published on Thursday afternoon a report on the key findings and lessons from the IMF’s...’s Independent Evaluation Office (IEO), concludes with a number of recommendations on improving the IMF’s effectiveness in the future. In its assessment of the pre-crisis surveillance function
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomyGreece’s central government recorded a primary cash deficit of 5.72 billion euros up to September, from a deficit of 7.12 billion euros last year, according to figures released by the Bank of Greece... billion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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The rise of a "Spanish SYRIZA" transform’s country’s politics
Agorastatus quo of Spanish politics and, more importantly, the three-decade-long duopoly of today’s ruling... politicians charged with graft. There’s also the continuous fresh waves of corruption scandals revealed... echoes of Italy’s Five Star Movement by calling the traditional parties the “political caste
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek PoliticsOne day after Prime Minister Alexis Tsipras’s presented his government’s policy programme...’s proposal to the Eurogroup on Wednesday. Unlike earlier indications that Greece would seek... Secretary General Angel Gurria on Tuesday to discuss the drawing up of the government’s own reform plans
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Newsletter 202 -12/04/2019
sense to repay that because it would strengthen Greece’s debt sustainability,” he said. “Of course... an agreement with Greece’s creditors that would allow Athens to settle part of its almost... perspective, it is reasonable to aim to repay this ahead of time, especially as Greece holds close to 30
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