Macropolis

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Mitsotakis pledges tax cuts, looks for party balance and broad appeal

New Democracy leader Kyriakos Mitsotakis has pledged to reduce the ENFIA property level by 30 percent in his first two years of governing, suggesting that he has identified tax cuts as the main tool for attracting voters to his party.

Pension overhaul poses political challenge despite avoiding immediate cuts

The government presented its pension reform proposals to the opposition parties on Monday but got short shrift from them despite the fact that the plan does not contain any immediate direct cuts to pensions.

Challenging three days of diplomatic talks, protests and budget voting ahead for Greece

Friday marks the beginning of a tricky three days for Greece and the government in particular, with diplomatic talks, street protests and the voting of the budget all on the agenda.

Budget passed but troika accord still some way off for Greece

Greece’s coalition completed one of its key tasks for December by obtaining Parliament’s approval for the 2014 budget early on Sunday but was also given an acute reminder of the challenges that still remain as the European Commission confirmed there was no chance of the troika’s Greek program review concluding this month.

How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A

Discussions at the European Union leaders' summit in Brussels, which concluded on Friday afternoon, did little to clear up the uncertainty about where Greece and the troika stand with regard to Athens having to find more budget savings next year.