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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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If you think it's bleak for Greece now, wait until tomorrow
Agoraand redirects those savings to investment exceeding the required level then the economy grows until it reaches... percent and it anticipates that it will take another 24 years, until 2040, before it drops to 12...-crisis levels of around 6 percent for another 44 years, or until 2060. In other words, one of the key
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The conundrum of Greek olive oil exports
EconomyFeaturesof olive oil for export, beautifully packaged to attract the international market. But even finding....” Until the creation of such a plan, Greece will continue to lose out on the olive oil boom... gourmet products which are winning awards. The recognition they get might spur a change in economic
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Greeks seen working longer, until July 18, to meet annual tax bill
Societytax obligations to the state, under the hypothesis that all income until this point was given over... working until July 29 to cover all obligations to the state. This date has not changed for the last.... The study notes that for a third year, European Union workers saw their average “real tax rate” dip
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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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Terms & conditions
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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Newsletter 431 - 12/07/2024
Parliament elections, New Democracy is finding it hard to shake off the downbeat feeling among voters, while... picked the leftist opposition. Social democrats PASOK are narrowly beaten into third place with 11.1.... With three months to go until the party leadership contest in October, a steady stream
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Newsletter 83 - 22/07/2016
that the new system cannot apply until after the next elections, although New Democracy leader Kyriakos... could be finely balanced until then. US keen on debt relief Commission frosty on lowering surplus... percent to 22.39 million. It is worth noting that revenues have steadily beaten targets over the past
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Ex-PMs engage in public spat, highlighting contrasting approaches to Turkey
PoliticsForeign Policyof ‘outstanding border differences and other related issues’ even up until 2004, and not just about
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