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  1. VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....

    20%

  2. ECB increases ELA limit for Greek banks in first positive signal since referendum
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    Economy

    During a regular press conference on Thursday, European Central Bank President Mario Draghi.... This series of developments have now restored the conditions for a rise in ELA, Draghi stressed. At the same time, Draghi said that deposit outflows in Greece reached 8.1 billion euros in June

    18%

  3. Why tax evasion threatens to become endemic due to how Cyprus was bailed out
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    to personal income statements; yet this needs to be stepped up and integrated with in situ raids

    17%

  4. Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April

    15%

  5. Newsletter 269 -16/10/2020

    Newsletters

    shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared

    14%

  6. Newsletter 271 -30/10/2020

    Newsletters

    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

    13%

  7. The ECB's strict rules apply if you dare not comply
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    Agora

    Mario Draghi used the word “rule” seven times in his recent press conference following the meeting... on the Greek waiver decision. Whatever the question about Greece may have been, the message Draghi... institution as Draghi attempted to convey a few days ago and is the prohibition of monetary financing

    13%

  8. Newsletter 83 - 22/07/2016

    Newsletters

    percent to 22.39 million. It is worth noting that revenues have steadily beaten targets over the past... that not awarding any bonus to the winning party would create political instability. Analysis indicates... for the winning party, or the one in second place, to gather multiple partners to form a new

    13%

  9. Tsipras's choices are becoming clearer but not any easier

    Agora

    surplus target being beaten by 1.5 percentage points in 2016 (an assessment that the European... of Greece governor Yannis Stournaras said that a legally-binding commitment to implement further debt... into any binding discussion about debt relief. However, it is doubtful if Tsipras’s hard-pressed MPs

    13%

  10. China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    of the agreements between Hungary, Serbia and China along the Budapest – Belgrade Corridor X initiative. When.... It is a subsidiary of the fully licensed BoC bank located in Hungary. BoC has a strategic partnership pact... against Hungary. The probe is looking into the financial viability of the USD 2.89 billion project

    13%