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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agora. The challenge Greek SMEs face in finding access to finance will continue to make the search for feasible... countries, mentioned access to finance as the most pressing problem (page 4); · Among their peers... ratios require domestic lenders to step up their provisioning, thus binding already scarce capital
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise... of March. The monthly increase primarily stems from a rise in ECB funding by 1.03 billion to 58.84 billion. In addition, the Emergency Liquidity Assistance (ELA) funding slightly grew by 0.24 billion
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Greece's biggest problem? Society's lack of openness
Agorabeen cited as being central to its malaise. Conservatives saw in the country a textbook case... of the private sector. Some analyses went a little deeper and saw clientelism as the core pathology, an acid...’s biggest problem, which it has done little to deal with, is its lack of openness as a society
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Ex-PMs engage in public spat, highlighting contrasting approaches to Turkey
PoliticsForeign Policyto Cyprus’s accession due to this problem, which remains unresolved. The Greek government also managed to turn Greek-Turkish differences into an EU-Turkey problem, meaning Turkey’s accession could only... to negotiate with Turkey on various issues including the Cyprus problem. Following the rejection of the UN
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Access to finance remains far bigger problem for Greek SMEs compared to euro area peers
EconomyMacroeconomycontinued to perceive access to finance as a very important problem rating it at almost 7, meaning.... On the factors that affect the availability of external financing for SMEs, Greek firms saw
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ND on spot over police raid but opinion poll ratings provide comfort
PoliticsGreek Politicsthat they were beaten and arrested for supposedly impeding the police’s work after refusing to give access... not engage in violence. On Thursday, the head of the committee for investigating police violence, prominent... rise for SYRIZA, which saw its backing rise to 25 pct. There was hardly any movement among
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Newsletter 85 - 05/08/2016
In a non-paper issued on Wednesday, the Finance Ministry clarified that budget revenues had beaten... of finding settlements for cooperative borrowers subject to their capabilities and peculiarities... that subsequently exacerbated the problem. Among the claims made against Georgiou are that he unnecessarily
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Samaras shoots, Samaras scores!
Agoracherished. But Giorgos Samaras, the striker without a club, has beaten premier Antonis to the title... that also saw them through the game with Ivory Coast. At a time when Greek society is so deeply divided... of the World Cup does not mean leaving behind the deep problems afflicting Greece’s society
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No image availablethe rules of good behavior and decency and not engage in illegal or immoral acts and comments...” in which case the service consists in the value added service of finding the respective content. 1.7... of the Company. Subscribers are prohibited to engage in any unlawful act which may undermine the rights
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