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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus more than doubled year on year (YoY... of clawback and rebate mechanisms for 2013 in the larger healthcare provider (EOPYY) rather than..., the EFSF/ESM/IMF loans stood at 221.11 billion euros corresponding to more than two-thirds of total debt
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Growing hopes that Greek recession will be milder than expected
Economyrecession will be milder than the country’s lenders expectations in mid-August. In a positive... (+0.1 percent), more than offsetting a sharp drop in investments (-10.6 percent). The provisional... statements they expect a softer GDP contraction this year. Their predictions for a better-than-expected
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General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus more than doubled to 4.14 billion euros... in the course of 2015 from 3.83 billion at the end of 2014. More than 60 percent of 2015 arrears stemmed... than half of total arrears. Arrears to hospitals increased by 324 million euros to 931 million in 2015
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Budget primary surplus of 1.19 bln in Jan markedly better than target
EconomyMacroeconomy(by 420 million) more than offsetting revenue underperformance of 69 million. The state budget balance... million lower than target. As a result, net revenues rose by 4.7 percent to 3.65 million, almost spot... decreased by 5.3 percent to 3 billion euros, 469 million lower than target. The Finance Ministry noted
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Greeks trust social media more than news media, Reuters study shows
Societytrust social media news more than traditional news. When asked whether news and social media do a good... as likely to trust traditional news than social media. The Greek response was attributed to the low levels... and economic influence rather than being a viable commercial industry in its own right.” Among those who use
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Travel receipts more than double in 2021, arrivals at 47 pct of 2019
EconomyMacroeconomybeing significantly higher than the 2.2 million euros recorded in December last year, the latest balance is even higher than the 28.6 million euros recorded in December 2019. Receipts came to 176.6 million euros for the month, more than five times year-on-year, from 34.8 million euros. Travel
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Travel surplus of 60.8 mln in Jan substantially higher than a year earlier
EconomyMacroeconomy’s balance was significantly higher than the 1.7 million euros recorded in January 2021, However, lower than the 97.7 million euros during the same month in 2020, before the pandemic outbreak. Receipts came to 140.1 million euros for the month, more than three times higher year-on-year, from 34.2
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VAT, income taxes help push May budget primary balance above target by more than 3 bln
EconomyMacroeconomybalance is better than the target by 3.33 billion euros. Revenues Net revenues for the period stood... million higher than the target. Excise tax revenues were 2.63 billion, 73 million lower the target... to 6.16 billion Euros, 633 million higher than the target. Tax refunds came to 2.71 billion euros
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Between the sword and the olive branch: Dilemmas of Greek diplomacy
Agora. Rather than the basis for a long-term foreign policy strategy, this tactic bears the hallmark of a "my... to view the dispute in less cut-and-dried terms than it is seen in Athens, Nicosia and Ankara... of the Cyprus problem is not the only reason that the EU and the US are proceeding with caution. The growing
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek Politicsas a publicity stunt, noting that just five of the 900 buildings are being demolished one year, rather than one... that saw a decline of more than 35 pct in their revenues will not have to pre-pay any tax, while those... wrangles and political machinations, all of which prevented the Hellenikon redevelopment from proceeding
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