MacroPolis

Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings

The budget primary balance was confirmed at a surplus of 13.53 billion euros in October, compared to a surplus of 6.08 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.

Government talks up privatisation benefits, but opposition questions success story

The privatisation of Athens International Airport last week has been celebrated by the government as a major step forward for the Greek economy, confirming its return to a path of growth.

Grassroots protests highlight public discontent with development policies

While the government has been devoting its energies to managing the fallout from the Tempe accident, New Democracy appears to have been taken aback by public protests on a number of other issues ranging from water privatisation to tourism development.

Sensing weakened government, opposition pushes back against blame-sharing for rail accident

The continuing expressions of public anger sparked by the deadly train collision in central Greece almost two weeks ago have given the opposition the upper hand as New Democracy struggles to maintain a consistent line against its falling popularity ratings.

Record FDI flow into Greece raises bar, but is it sustainable?

By: Georgia Nakou

Greece has reported record flows of inward investment in 2021 and looks set to exceed the amount again in 2022.

Privatisation of key northern ports on hold amid strategic rethink

The ports of Alexandroupoli and Kavala in northern Greece are to remain under state control, according to a surprise announcement made last week.

Updated privatisation plan seeks to make up for ground lost in 2020

Greece’s asset development fund (HRADF) released its updated development plan on Monday, which outlines the latest information on the 23 projects that the fund is engaged in.

HRADF development plan reviews privatisation actions for the rest of the year

The Hellenic Republic Asset Development Fund (HRADF) has revised its asset development plan (ADP) for the remainder of the year.

Contribution made by privatisations to GDP since 2010 underlined in new study

Greece’s Foundation for Economic and Industrial research (IOBE) has presented a new study which shows that between 2011 to 2019, privatisations provided an important boost to annual GDP.

Coronavirus to delay much of privatisation plan

Greece’s privatisations have stalled under the coronavirus pandemic, with most major privatisations making no progress.