MacroPolis

Lenders urge new government to meet fiscal targets as Athens issues 7-year bond

Just a few days after coming to office, the new government is aiming to take advantage of the positive sentiment in the markets by tapping investors with a 7-year bond.

New overdue taxes rise by 235 mln in May, total debt at 104.5 bln

The month-on-month rise in Greece's new tax debt came to 235 million euros in May, data from the Independent Authority of Public Revenues (IAPR) has shown.

Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts

The new Greek government is planning to move ahead with the tax cuts promised by New Democracy during the election campaign and is aiming to table a bill before the end of July that will set out the reductions over the next three years.

New team at Finance Ministry tasked with familiar old juggling act

Finance minister was the toughest job in any government during the bailout years, but it’s also the toughest in Greece’s first new government after the end of the bailouts.

Tracing the decline of the middle class as parties vie for its votes

By: Georgia Nakou

Since key constituencies, including private and public sector workers and the young, abandoned governing SYRIZA to hand New Democracy a comfortable 9.5 percent lead in the May 26 European Parliament elections, the parties have been vying for the middle-class vote.

Mitsotakis focuses on investment and taxes as ND launches election campaign

In his first speech of the July 7 election campaign, New Democracy leader Kyriakos Mitsotakis focussed on investments and tax cuts, which are considered two of his party’s strongest cards in its contest with SYRIZA.

Parties' competing tax pledges come up against challenging reality

By: Georgia Nakou

The government and opposition in Greece have started to unfold their manifestos in anticipation of national elections which are now scheduled for July 7.

New overdue taxes rise at lower rate in Apr, total debt at 104.6 bln

​The month-on-month rise in Greece's new tax debt came to 265 million euros in April, data from the Independent Authority of Public Revenues (IAPR) has shown.

EC warns budget not on track due to handouts, advises against further underspend

Greece’s official creditors have recently expressed at various levels their concerns about whether the country will be able to meet its fiscal commitments after adopting a new batch of expansionary measures last month, so it was no surprise that this issue was explored extensively in the latest post-programme surveillance report published by the European Commission.

Institutions warn of fiscal target being missed, reforms slowing

The European Commission issued on Wednesday its third report of the enhanced surveillance period, highlighting concerns about the fiscal impact of the government’s expansionary measures and noting a slowdown in reforms.