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  1. Strong primary surplus of over 8 bln at close of 2025 as spending is contained

    EconomyMacroeconomy

    revenues are 796 million euros below the target. Taxes beat the target by 393 million euros. VAT

    9%
  2. Jan primary surplus beats target due to 1.7-bln-euro underspend

    EconomyMacroeconomy

    are 35 million euros above the target. Taxes undershot the target by 18 million euros. VAT revenues

    9%
  3. Moody's keeps rating unchanged at 'Baa3' and outlook stable
    Photo by MacroPolis

    Economy

    by narrowing the VAT gap and combating evasion. Despite starting from one of the highest levels globally

    9%
  4. Significant underspend and tame taxes lead to primary surplus of 2.99 bln in Feb

    EconomyMacroeconomy

    revenues are 127 million euros below the target. Taxes undershot the target by 80 million euros. VAT

    9%
  5. Tsipras issues rallying call to progressive camp as ND slides in polls

    PoliticsGreek Politics

    in tandem with reducing the burden on workers, cutting VAT on basic goods from 13 pct to 6 pct

    9%
  6. Holding out for a (reformist) hero
    Photo via http://metonkyriako.gr/

    Agora

    Since the start of the Greek crisis, many international commentators (as well as locals) have been holding out hope that a reformist white knight would emerge from the political morass and ride to Greece’s rescue. Reality, though, has been equally consistent in shattering their illusions

    8%
  7. Newsletter 64 - 26/02/2016

    Newsletters

    of the government. Tsipras has proposed holding a meeting of party leaders’ before he heads to the crucial March 7... and social conflict is much larger. As symbols go, the imaginary pig’s head in William Golding’s Lord

    6%
  8. Kammenos's odd partnership with Tsipras still holding together
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Defence Minister Panos Kammenos was re-elected as leader of SYRIZA’s coalition partner Independent Greeks (ANEL) over the weekend, while also managing to highlight the odd nature of the cooperation between the two parties. There had been reports that Ka...

    6%
  9. Greece, creditors seek progress at Eurogroup on key differences holding up review
    Photo via Fosphotos

    EconomyProgramme

    Greece and its lenders head into Monday’s Eurogroup with differences on several key issues that will have to be resolved if the second review is to conclude in the days ahead. The Greek ministers and the institutions’ mission chiefs held a lengthy telec...

    6%
  10. Greece braces for Middle East fallout as polls show ND holding firm despite voter unease
    Image: https://flic.kr/p/2j6Tdii

    PoliticsGreek Politics

    New Democracy enters this new phase of the Middle East crisis with a solid polling advantage but a visibly unsettled electorate. Two fresh surveys place the governing party at 31.1 pct in their vote‑estimate models but they also reveal overwhelming publ...

    6%