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Newsletter 385 - 16/06/2023
that Mitsotakis might face more political turbulence after the elections than in his bid to get re..., Greek Solution 4 and Niki 4. MeRA25 is projected to get no more than 1.8 pct. If replicated on June..., could get over the 3 pct threshold for electing MPs, leading to eight parties making
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PPC lignite unit bids fall flat in blow to privatisations
EconomyFeaturesThe Public Power Corporation’s (PPC) divestment of 40 percent of its lignite capacity has hit an obstacle as it emerged that the bid process for two lignite units had attracted very little interest. PPC received one binding offer for the Melitis unit in...
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Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
EconomyProgrammeWednesday’s Eurogroup is expected to result in eurozone finance ministers approving the conclusion of the fourth enhanced surveillance review and the next round of debt relief measures, but will not include a discussion on how Greece can use the bond pr...
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Building permits down by 2.3 pct in Jul as YTD activity growth nearly flat
EconomyMacroeconomyBuilding permits growth in July returned to negative territory, dropping by 2.3 percent year-on-year (YoY), after a 3 percent increase in June), according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Thursday. The total numb...
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EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target
Economyin the 2-month period. Tax refunds in March remained flat month on month with the 3-month figure at 703... stemming from banks’ support, we get a gg primary surplus of 3.39 billion. This figure is calculated
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Greece's 2009 deficit makes for a good conspiracy; shame about the numbers
Agorasight a good conspiracy theorist will not let them get in the way of the narrative. However...’s attempt to find backers fell flat as quickly as its pre-election pledges. Greece needs to face
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The joke's on Greece
Agoraa distinct feeling since 2009 that those in opposition would like to see each government fall flat... quality of Greece’s political elite and its subsequent inability to get to grips with the crisis
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Lenders highlight risks of 'short-term popular' measures unveiled by government
EconomyProgrammea flat overall level of inflation over the same period,” Dolman added. The Fund official... management perspective though it's our understanding that Greece would need to get agreement from
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Tensions within SYRIZA en route to membership ballot, party conference
PoliticsGreek Politicsto increase the minimum wage by 7.5 percent in 2020, show that SYRIZA is trying to get on the front foot, but will probably ultimately fall flat or be superseded by events. It is likely to find more
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Greek deposits slip in October as credit also contracts by 3.9 pct
EconomyMacroeconomy4.7 percent to 28.6 billion on monthly net deductions below the 100 million mark for the second... to 737 million. Loans to sole proprietors remained flat yoy at 13.5 billion with marginal inflows
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