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Final 2026 budget foresees stable growth and strong tax performance
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Thursday the final budget for 2026, which sees growth slightly accelerating, a strong fiscal performance and a downward trajectory for the debt-to-GDP ratio. Next year’s growth is seen at 2.4 percent, from 2.2 percent this year, with private consumption
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Newsletter 269 -16/10/2020
shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared
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Newsletter 271 -30/10/2020
at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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Tsipras hints at post-election scenario of grand coalition, without him as PM
PoliticsGreek PoliticsIn his first televised interview of this election campaign, Prime Minister Alexis Tsipras has claimed he will not continue as premier if SYRIZA is forced into an alliance with New Democracy, To Potami and/or PASOK. Tsipras told Alpha TV on Wednesday nig...
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IMF hints at flexibility as debt relief talks continue
PoliticsGreek PoliticsThe terrorist attack on former Prime Minister Lucas Papademos in Athens on Thursday has drawn attention away from the uncertainty created by the failure to reach an agreement on debt relief at Monday’s Eurogroup, but discussions are continuing in the ba...
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Athens ties up prior actions, IMF hints at programme role
PoliticsGreek PoliticsGovernment MPs were due to vote on Thursday afternoon a series of last-minute amendments aimed at ensuring that Greece has completed all 140 of its prior actions ahead of Thursday’s Eurogroup. The amendments, a disparate set of interventions on issues, ...
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Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
EconomyProgrammeDuring his visit to Athens on Tuesday, European Economic Affairs Commissioner Pierre Moscovici seemed to suggest that Greece might not have to implement the pension cuts that have been lined up for next year. When questioned about this issue after a mee...
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Government hints at perks for vaccinated as uptake stalls
PoliticsGreek PoliticsVaccination rates across Greece are beginning to diverge, leading experts to make further appeals to citizens to overcome their hesitancy and scepticism. While the political leadership continues to praise the operational efficiency of the vaccination ca...
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Govt hints at more relief, as economy and inflation jostle with pandemic as top public concerns
PoliticsGreek PoliticsThe rising cost of living and the potential impact of new Covid rules on retail and catering are increasing the pressure on the government for more support measures, as the epidemiological picture takes on an increasingly urgent hue. The Energy and Fina...
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Govt hints at more relief measures as opposition lambasts electricity bill fixes
PoliticsGreek PoliticsThe latest budget performance figures offered a pleasant surprise for the government, which has immediately got to the task of balancing public expectations for more assistance with the need to reassure the markets of its commitment to fiscal discipline...
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