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  1. Athens waits for Moscovici visit, eyes debt relief and lower volume of measures
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    into account. The Commission’s data put Greece’s primary surplus for last year at 2 percent of GDP... are beaten. However, this is not enough for Athens. It also wants clarity on the fiscal targets

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  2. Tsipras's choices are becoming clearer but not any easier

    Agora

    The mist is gradually lifting and the choices available to the beleaguered Greek Prime Minister Alexis Tsipras are becoming clearer. The proposal put to Finance Minister Euclid Tsakalotos by Greece’s... surplus target being beaten by 1.5 percentage points in 2016 (an assessment that the European

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  3. Effort begins to secure SYRIZA support for deal with institutions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    inequalities. Tsipras pledged that any final agreement with the lenders would be put to SYRIZA’s political... of the trade-offs that the Greek government wants will only take place if the fiscal targets are beaten

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  4. Tsipras makes pre-emptive peace offering to next KINAL leader ahead of final vote
    Photo via www.syriza.gr

    PoliticsGreek Politics

    the KINAL leadership contest began, Tsipras put forward his proposal for a “progressive government... on the task of “renewal” within KINAL. If he wins on Sunday, he will have beaten off challenges from

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  5. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    , whilst the latter suggests the sharpest drop since Q4 2011. The continued strong rebound... Enterprises (SETE) confirmed the strong positive trend remained intact in July, with international tourist

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  6. Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reflects strong underspend, with primary expenditure coming in 1.19 billion lower than target... in the 4-month period, implying a strong underspend of 1.19 billion compared to the target of 14.23

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  7. Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 1.51 billion, reflecting a strong underspend with primary expenditure coming in 1.16 billion lower... period showed primary expenditure declined by 4 percent to 19.33 billion, still entailing a strong

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  8. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    Economy

    a strong rebound of 7.9 pct in 2021. The Commission notes that Greece’s large dependency on the hospitality... a strong recovery of 33 pct and 35.2 pct on equipment spending. The authorities through the Hellenic

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  9. NBG results show net profits of 409 mln euros on strong trading income in Q1
    Image via www.nbg.gr

    EconomyBanking

    . The bank noted that the results reflected strong trading and other income which stood at 775 million euros... fee and commission income came to 63 million in Q1, up by 13.3 percent YoY, reflecting strong growth

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  10. Greece draws strong interest, attractive yield by re-opening 10-year bond
    Photo by MacroPolis

    Economy

    Greece completed on Wednesday the fourth market foray of the year by reopening the 10-year GGB that it had issued in June, after a successful syndication earlier in the summer and a strong... points. Despite the revision, demand was strong and brought in higher offers from existing accounts

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