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  1. Newsletter 436 - 11/10/2024

    Newsletters

    at the beginning of the year, secured 21.4 pct of the vote, while Geroulanos grabbed 21.1 pct. Although Doukas’s achievement, coming from political obscurity last year to challenging for the leadership... a year after causing an upset by winning the mayorship. Doukas was the third most popular of the PASOK

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  2. Newsletter 460 - 02/05/2025

    Newsletters

    PoliticsOn back of handouts, polls give Mitsotakis a liftAfter a difficult start to the year... euros, to dedicate to the array of measures that it plans to announce later this year. This package... in the year, falling from 12 pct to 11.5 pct. Social Democrats PASOK have also slid from 12 pct to 11 pct

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  3. Newsletter 466 - 13/06/2025

    Newsletters

    a five-year national reconstruction plan, aimed at reigniting political engagement among disillusioned... Mitsotakis and his administration over the past year, the left has been unable to capitalize.... PASOK, despite resolving its internal leadership debate following last year’s European Parliament

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  4. Taking a macro snapshot

    Agora

    that concluded in the end of November last year. In effect, Greece had a period of relative calmness just... and consumption since Q2 of 2010. Q4 2012 saw the largest drop on a year on year basis in final... widely known is the figure of 17% of Greece’s labour force being unemployed for more than one year

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  5. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    of 2014, three times higher than the 520 million posted in the corresponding period last year, according... in March showed a deficit of 935 million, up from the 566 million recorded last year, the 3-month figure stood at 448 million, 67 percent lower year on year (YoY). The significant YoY narrowing fully

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  6. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    in the 5-month period from a deficit of 1.62 billion in the corresponding period last year, according to the gg... million last year. The released figures also showed the gg cash deficit narrowed by 3.04 billion euros year on year (YoY) to 1.51 billion. The respective data for the 4-month period stood at 525 million

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  7. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
    Photo by MacroPolis

    EconomyProgramme

    the troika’s approval as has happened for the last two years. The fiscal gap for the next year is one... an additional revenue shortfall next year. However, today’s press reports indicate that the troika has lowered... percent) for another year, with anticipated revenues of about 800 million. Budget targets Another

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  8. Here's why Greece's fiscal difficulties will dominate the agenda

    EconomyProgramme

    on Wednesday is that of the fiscal performance and outlook for this year. Revenue underperformance... in the first half of the year, according to the 2015 budget, shows revenues in March will be lower than... deficit of 1.21 billion euros in the first half of the year (H1) compared to primary surplus of 5.8

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  9. General gov't primary cash surplus markedly better in July but arrears climb

    EconomyMacroeconomy

    in the 7-month period of 2015 from 2.87 billion last year, according the gg bulletin published... improved to 2.26 billion euros in July, which is more than double year on year (YoY). This was mainly... million last year. On the other side of the spectrum, extrabudgetary funds displayed the biggest

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  10. IMF aligns Greek projections with EU, revises down GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    that GDP will contract by 5.4 percent in the fourth quarter of this year, which is consistent with its full year GDP fall. Greek GDP grew by 1 percent in the first half of the year so for the full year... half of the year. Six months ago, the IMF had projected GDP to grow 2.5 percent this year and 3.7

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