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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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PMI at 54.2 in Feb as new clients and overseas orders spur growth
EconomyMacroeconomyGreece’s manufacturing PMI increased to 54.2 points in February from 53.7 points in January, staying over the 50-mark threshold for close to two years. PMI noted that the latest reading was the best since May 2018. It also stood above the long-run serie...
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Athens hopes Biden will spur change in policy, curbing Ergodan
PoliticsForeign PolicyThe election of Joe Biden as the 46th US President has fired up expectations in Athens for a further improvement in Greek-US relations and that Washington will be supportive of Athens’s positions in its ongoing crisis with Turkey. A lot will depend on h...
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Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politicsagreement that during this period the Greek state will be funded under a minimalist menu that solves
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High unemployment, falling wages damaged sustainability of largest Greek pension fund
EconomyMacroeconomyfund has lost a cumulative amoung of 16.5 billion in the 2010-14 period. In addition, this is a result
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EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
PoliticsGreek Politicsits future. In the meantime, the government seems pleasantly surprised by the details of the European
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Newsletter 18 - 06/03/2015
of these moments, like Timmermans’s initial remark, seemed in genuine jest. Tsipras, after all, has answered... humour. However, the Dutch politician did not stop there. He continued his remark by adding.... This is as cutting as any remark that has been made by officials in Athens but adds a layer of controversy because
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Will the real men of unity please stand up?
Agorapublic debt is reduced. Both of these moments, like Timmermans’s initial remark, seemed in genuine jest... continued his remark by adding: “And take their shirts out of their pants.” Finance Minister Yanis...-February. This is as cutting as any remark that has been made by officials in Athens but adds
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Athens condemns Turkey’s marine parks as illegal; tensions rise at awkward moment for PM
PoliticsGreek Politicsthrough a broad zone Ankara now regulates as a marine park. The second lies in the northern Aegean... become more frequent in recent months. Bigger picture Greek analysts describe the southern park... not generate maritime rights. The northern park is equally sensitive. It overlaps with waters Greece
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Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
EconomyMacroeconomybillion euros and was below target by 611 million. Net revenues came to 50.96 billion euros, under... expenditure came to 44.20 billion, below target by 611 million euros. Interest payments declined YoY
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