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Strong resistance within SYRIZA leaves Tsipras with tough juggling act
PoliticsGreek Politicsa strong presence on the 11-member political secretariat. Six of the seats went to the members from... is that his government and its agreement with Greece's creditors still have strong public backing... the elections, he may create a strong enough platform to fend of the dissenters within his party. Even
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomya strong underspend (by 1.91 billion) coupled with a revenue outperformance of 1.54 billion. The Public... of the personal income tax. As we have previously noted, the strong revenue collection could... the release of final budget execution bulletin due after October 20. Following the strong performance
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
Economy. However, investors’ concerns seemed to be alleviated on Friday, leading to a strong rebound of 4.2... over the last the last four weeks, mostly reflecting the strong rebound in the previous week. Banks... losses stood at 1.3 percent, slightly trimming the strong gains posted in the past four weeks to 11.8
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Manufacturing PMI dips slightly to 53.6 pts in September as sentiment remains strong
EconomyMacroeconomygrowth was also strong, as manufacturers reported that foreign and domestic client demand remained strong. Input cost inflation softened from June’s peak and fell also to a five-month low. However... remained strongly positive as firms reported strong demand. Additionally, Greek manufacturers expressed
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Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Economyissue were announced in the region of 2.1 percent and the transaction quickly attracted strong interest... with a guidance of 2 percent. The book continued to attract strong interest and closed just before lunch... with strong demand as more than 290 accounts participated in the book-building process, which led
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PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
EconomyMacroeconomy’ with a stable outlook. The PBO notes that for the economy to sustain strong growth beyond 2026 and close... highlights the strong performance of 2024 with significant primary surplus and a headline surplus on the back of strong tax revenues due to income tax and VAT from goods and services. Greece’s upgraded
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Newsletter 310 - 01/10/2021
PoliticsFull speed ahead for warship, defence deal with FranceGreece believes that it took a significant step this week to upgrading its defence capabilities but also bolstering the country’s geopolitical standing after agreeing to purchase at least thr...
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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyExclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomyby strong performance in the services surplus which offset a deepening of the balance of goods deficit.... This was driven by imports rising faster than exports in absolute terms. A strong improvement was noted... Thessaloniki-Thessalia SA, owned by DEPA SA, to Eni Gas e Luce SpA. (EGL). Portfolio investment showed
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Corruption claims dominate political discussion ahead of elections
PoliticsGreek Politicsit has a strong advantage over the opposition. It emerged late last month that the financial prosecutor.... This will not, however, stop the government or the opposition from trying to influence public opinion by putting a strong... has failed to pay tens of millions in bills to state-controlled gas firm DEPA, the firm’s owner
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