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Government warned to brace for repercussions of farm payments clean-up
PoliticsGreek Politicsto act on delays to farm payments caused by the clean-up operation. Mitsotakis acknowledged that he... that the government’s priority was to speed up payments to legitimate claimants. Privately, the prime... recall” because it involved cleaning up a “sick” system “in motion”, while not endangering payments
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Newsletter 85 - 05/08/2016
, albeit at a slower pace compared to the 16,200 drop recorded in April. It is worth noting... to a sharp drop in HFSF equity to 8.84 billion at the end of 2015 from 24.51 billion a year ago... to other EU member states to be speeded up. Mouzalas admitted that it has been a slow process
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Newsletter 234 -10/01/2020
leader, around 20 pct would also be used for targeted social spending. He took this matter up... interest rate edges up to 4.34 pct Greece’s general government (gg) primary cash surplus came to 8.84 billion euros in the first eleven months of the year, up by 1.18 billion euros compared to the same
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Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
EconomyMacroeconomy. The inflationary effects are reflected in volumes, with fuels up by 2.8 percent, a 2.9 percent drop in foods...-on-year (YoY), after a drop of 1.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index recorded a drop of 3.4 percent. Sales volumes have been
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Newsletter 458 - 04/04/2025
on Wednesday. The plan includes 26 bln euros of procurement at a rate of 2.16 bln euros annually up until... personnel. Several prominent politicians and cabinet ministers followed up with calls for equivalent... that was taken up by more than a dozen MPs. The PM’s office was reportedly angered by the public comments
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Greece sees travel receipts shoot up by 35.8 pct in April
EconomyMacroeconomythe highest rise (up 35.6 percent), followed by the US (up 35.2 percent) and the UK (up 29.4 percent... Tourism Enterprises (SETE) stepped up last month its estimate for 2014 international tourist arrivals... for scheduled flights (up 25 percent to 15.8 million) and a rise by 750,000 of tourist arrivals in Athens
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Tsipras gears up for internal battle, sets priorities for summer
PoliticsGreek PoliticsParliament. Tuesday’s leaks are essentially a challenge to Lafazanis and co to put up or shut up... and fairness despite being forced to sign up to a new bailout. This line could be particularly useful for Tsipras in the run-up to August 20, when the next Greek bond held by the European Central Bank
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Tsipras weighs up options amid concern about mired talks
PoliticsGreek Politics. The prime minister is due to follow this up with a visit to the small island of Nisyros on Tuesday... with the creditors. This effort is due to be stepped up on Friday, when Tsipras will have a working... needs. Review stand-off The International Monetary Fund’s apparent decision to give up pressuring
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Central government debt edges up to 326.5 billion in Q1
EconomyMacroeconomy) stayed stable QoQ at 56.63 billion, making up 17.3 percent of the total debt. Of this amount, 38.6... Investment Bank (EIB), edged up by around 100 million to 7.58 billion, while loans held by the Bank... breakdown by residual maturity showed that long-term (over 5 years) debt made up 79.2 percent of the total
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Tsipras fails to halt strike as domestic political battle heats up
PoliticsGreek Politics. In the meantime, a process to make up to 2,500 permanent hirings is to begin. Despite the fact.... However, with rubbish piling up on the streets of Greek cities and temperatures due to exceed 40.... New Democracy and its leader Kyriakos Mitsotakis have pushed the law and order issue up
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