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Newsletter 488 - 12/12/2025
unanimous election of Greek Finance Minister Kyriakos Pierrakakis as its president for the next two... finance minister’s attention, domestic challenges remain unresolved and ought to give Pierrakakis... if Q4 is to accelerate towards the finance ministry’s annual growth target of 2.2 pct. The ministry
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Eurogroup presidency hailed as pinnacle of recovery as OPEKEPE hearings descend into turmoil
PoliticsGreek PoliticsThe election of Finance Minister Kyriakos Pierrakakis as president of the Eurogroup has been... by political opponents, the elevation of the Greek finance minister to a frontline role... of the Union. The Greek finance minister’s role will involve coordinating the work of his eurozone
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Government’s growth ambitions meet RRF reality
EconomyMacroeconomy, the Eurogroup’s unanimous election of Greek Finance Minister Kyriakos Pierrakakis as its president... of the Greek finance minister’s attention, domestic challenges remain unresolved and ought to give... if Q4 is to accelerate towards the finance ministry’s annual growth target of 2.2 pct. The ministry’s
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Newsletter 85 - 05/08/2016
In a non-paper issued on Wednesday, the Finance Ministry clarified that budget revenues had beaten... of GDP) to roll over existing debt or finance its deficit. At the same time, Greece entered the first... before 2009, losing control of the public finances. Under normal circumstances, justice being blind
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Greece's 2014 fiscal gap suddenly appears bigger, much bigger
EconomyJust one week after the Greek Finance Ministry submitted to Parliament the draft budget for 2014... testing the limits of Finance Minister Yannis Stournaras’s positivity. It is widely known from previous... to the program being fully financed on a rolling twelve month forward basis. The Greek program does
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Tsipras starts to flesh out SYRIZA's economic policy but questions remain
PoliticsGreek Politicsstructural and cohesion funds to finance the scheme, which would see some 300,000 employment... gain revenues to finance its policies from clamping down on tax evasion and fuel smuggling. He said... be financed by a combination of EU funds and revenues from arrears and tax evasion is not likely
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Newsletter 46 - 09/10/2015
. Unofficially led by Finance Minister Euclid Tsakalotos, the group expressed scepticism before the elections.... When the Eurogroup of finance ministers met in Brussels this week, a major reform roadmap..., water management and good agricultural practices financed by EU funds. Unemployment stable at 25
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Budget surplus overshoots 11M target due to lower primary expenditure, investment spending
EconomyMacroeconomyof 2018, according to the final budget execution bulletin for November published by the Finance... was in a deficit of 775 million. The Finance Ministry was expecting a deficit of just above 1... sources. The main underspend stems from co-financed projects, which are short by 1.61 billion euros
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingbillion. The portfolio was acquired by Hoist Finance AB. Futhermore, in early January it was reported... through this mechanism and reduce their bad loans. In parallel to the BoG scheme, the Ministry of Finance..., an entity financed by funds managed by affiliates of Apollo Global Management LLC and by the IFC
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Athens steps up drive for fiscal space as fifth post-MoU review continues
EconomyProgrammewill continue in Athens this week regarding the fifth enhanced surveillance review. Finance Minister... will not be on the agenda for the meeting of eurozone finance ministers. Although Athens does... money,” he said regarding the use of the bond profits. “What kind of investments could be financed
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