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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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Study indicates bias in German media coverage of Greek crisis
SocietyGerman media reports on the Greek debt crisis have been characterised by bias and superficiality, with most of the coverage opinionated and judgemental, an in-depth study by a German think tank has found. Commissioned by the Hans Böckler Foundation, which is linked to the country’s largest trade
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingPiraeus Bank’s first quarter (Q1) results revealed a net loss of 232 million euros compared to a net profit of 189 million euros in Q4 2019. The latest results interrupt six consecutive quarters of profits. Pre-provision income (PPI) reached a 185 million in Q1 versus 193 in Q4. Net interest income
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyto the targets being beaten over the last four months, even though there is a steady increase in unpaid...The final budget execution to October confirmed preliminary figures, released by the Ministry of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicsfrom its European institutional lenders (52.9 billion from bilateral loans and 141.8 billion from... Organisation to grant 30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). Funding
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ND shows signs of comeback as elections approach
PoliticsGreek Politicscompanies systematically underrated its chances at success, hinting a potential bias among pollsters... stirred up controversy by asking for it to be made mandatory for polling companies to publish raw
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New Democracy tries to win over voters with crackdown on bank charges, migration
PoliticsGreek Politicsseverely brain-damaged after being beaten and sexually assaulted by a Pakistani migrant on the island... for voters. At the same time, it is clear that the subject of banks hits a raw nerve for New Democracy
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Newsletter 240 -21/02/2020
the target by 232 million. The underperformance was mostly driven by increased interest payments of 204... reflects a QoQ rise in repos of 7.83 billion, along with a smaller rise in Special purpose and bilateral
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On the Greek crisis and German imbalances
Agoraunion and the global interconnected economy whose stability depends on sustainable bilateral trade... in Greece due to the high cost of imports such us oil and raw materials, before wages had to adjust
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A European intelligence school led by Greece and Cyprus?
Agora), not to mention all existing bilateral agreements between European countries to share intelligence... above all, and the sharing of information (especially raw information) is not always the most
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