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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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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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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 288 - 12/03/2021
to an index of 67.5 in Q3 2020. Old apartments, classified as over five years old, saw their prices increase... to five years old saw price increases of 2 percent in Q4, compared to a rise of 4.2 percent in Q3... percent in 2019. Apartments over 5 years old saw prices increase by 3.9 in 2020, against a rise of 6.9
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The year that Greece (nearly) saw it all
Agorathe eurozone many more. They saw SYRIZA come to power from virtually nowhere a few years earlier... will unlock funding Mar 30 Society Third of Greek households trapped in debt and poverty, study
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Newsletter 398 - 20/10/2023
was soundly beaten by Dimitris Kouretas, a candidate put forward by centre-left PASOK and supported by main... government to “engage your brain” before speaking publicly. The comment was seen by some as a rebuke... appeared to chide ND officials for stoking fear that municipalities or regions would miss out on funding
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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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Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
PoliticsGreek Politicsto operate this summer and engage some of the estimated 700,000 workers employed in the sector. Among... Theoharis, who has spoken of capitalising on the boost to the country’s brand image from the successful handling of the pandemic. Presenting an outline of his plans to Parliament, Theoharis said
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Newsletter 271 -30/10/2020
that a large portion of workers fell into one of three categories: Either they saw their work suspended... at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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Clashes add to political tension over division, police violence
PoliticsGreek Politicsadvised them that the man who had been beaten was a member of a radical left group and had been... as police clashed with some protestors. One policeman was dragged off his motorcycle and beaten. Along... this month, while Tourism Minister Haris Theoharis announced to the world on Tuesday that Greece hopes
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