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  1. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    recession is taking its toll on indirect taxes with key elements showing a low double-digit drop... in October and 11.1 percent to October) with the drop in VAT just shy of 10 percent for both periods... and -8.4 percent to October. The drop in grants to the social security sector decelerated to 13.1

    21%

  2. General gov't primary cash surplus markedly better in July but arrears climb

    EconomyMacroeconomy

    deterioration posting a deficit of 395 million in the 7-month period compared to a surplus of 812 million...-a-vis a surplus of 359 million in the corresponding period last year. The latter reflects a drop... MoM to 313.17 billion reflecting: 1) A drop in Greek government bonds (GGBs) by 3.55 billion

    20%

  3. Greek primary budget surplus doubles to 835 mln in Jan but below target

    Economy

    better than the target. The sharp drop mainly reflects a drop in grants to social security sector... of 812 million incorporated in the 2014 budget. MoF sources suggest that an agreement with the troika

    18%

  4. Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions

    EconomyProgramme

    resulting from the drop in economic activity will not affect compliance with the applicable fiscal rules...’s 37-billion-euro “Corona Response Investment Initiative,” which will be directed at health care

    17%

  5. Mitsotakis urges EU to act after European Council stalemate
    Photo by MacroPolis

    PoliticsGreek Politics

    to have earlier called for a so-called “corona-bond” to be issued to give governments the necessary..., particularly preventing job losses and supporting business that suffer a drop in turnover. He referenced

    17%

  6. Montenegro's vaccination adventure: Lord, bless us with good health
    Photo via https://flic.kr/p/2ixuThi

    Agora

    of coronavirus cases. Corona - free, corona everybody In the middle of last year, the previous government... the slogan – a "corona-free" destination. Before reaching the planned goal, new cases were registered and the "corona-free" motto was cynically reformulated on social media as "corona for everybody

    17%

  7. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    to beat targets by 310 million, yet at a slower pace compared to the previous months. The year... a 2.5 percent drop in March. However, the four-month figure rose 3.2 percent to 14.75 billion... percent in April, after stalling in March, resulting in a 9.6 percent drop in the four-month figure

    17%

  8. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    to 258 million, attributable to a 13 percent drop in operating expenses and offsetting a decline... percent drop in both staff and administrative expenses and benefitting from the implementation... bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent

    17%

  9. Accommodation and food services turnover collapses by 84.6 pct in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    ) in the second quarter (Q2) of the year, following a downward revised drop of 7.2 percent YoY in Q1... also marked a sharp drop of 46.3 percent QoQ. The data reflects the restrictions of mobility... collapsed by 96.9 pct YoY, after a drop of 22.1 percent YoY in Q1, led by coronavirus-related hotel

    17%

  10. Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach

    Economy

    in November with the 11 months figure down 7.3 percent to 39.27 billion. Furthermore, the marked drop... primary surplus at general government level at 812 million, with the 11-month state budget figure

    17%