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  1. EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    off. Although the report acknowledged improved tax debt collections and better clearance... in this year, factoring in the one-off positive impact of debt measures agreed in April. The balance

    5%

  2. Budget primary surplus confirmed at 1.46 bln in April, above target by 2.31 bln on higher revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros being incorporated to 2019 to cover the one-off payments related to the law 4575/2018... salaries by 330 million euros (mainly the one-off payments of law 4575/2018) and a rise in PIB

    5%

  3. Newsletter 208 -31/05/2019

    Newsletters

    that the measures will throw this year’s budget off track. These concerns are likely to be highlighted... that the measures implemented for this year have thrown the budget off course and that the 3.5 percent of GDP

    5%

  4. Clash over judiciary persists as second round of local elections nears

    PoliticsGreek Politics

    will be looking to round off its impressive performance on the local government elections in the second round... and New Democracy MP Dora Bakoyiannis, would round off a perfect week for the family and drive home

    5%

  5. Strong showing in local elections for ND as it targets majority in national vote
    Photo by MacroPolis

    PoliticsGreek Politics

    candidate Giorgos Patoulis easily beat off SYRIZA’s incumbent, Rena Dourou with around two thirds... Kostas Bakoyiannis, the nephew of party leader Kyriakos Mitsotakis. Bakoyiannis beat off the challenge

    5%

  6. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    . When excluding one-off items, namely the bank’s voluntary retirement scheme, PPI fell by 6 percent QoQ. PPI in Q1 2018 stood at 64 million euros. Excluding one-off items, PPI for the same quarter last

    5%

  7. Athens approaches Albania's political crisis, EU process with caution
    Photo by Michael Button via Flickr https://flic.kr/p/ddQycw

    PoliticsGreek Politics

    tensions through dialogue; but neither side seems willing to back off. Greece has avoided making any kind... Agreement there was not enough support to sign off on the deal with Tirana. Alexis Tsipras has also

    5%

  8. Newsletter 210 -07/06/2019

    Newsletters

    from the lenders regarding Greece’s public finances veering off track due to SYRIZA’s handouts..., pointing out that this would allow Greece to pay off its debt quicker. One of the potential dangers

    5%

  9. As East Med tension remains, Athens also keeps eye on Turkish actions in Aegean
    Photo by Andrea Bonetti/Fosphotos

    Foreign PolicyGreek Politics

    Turkey’s actions, particularly its gas drilling off Cyprus’ east coast, are featuring prominently in the political debate in Greece a few days before the general elections. In fact, concern... to drill off Kastellorizo. Addressing lawmakers of Turkey’s ruling Justice and Development Party (AKP

    5%

  10. Mitsotakis sworn in as prime minister as attention turns to Cabinet picks

    PoliticsGreek Politics

    than 200 million euros in the first quarter. Hatzidakis could be tempted to dust off his old plan to spin off a “small PPC” unit, which SYRIZA shelved when they came to power in 2015. In a nod

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